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Environmental & Resource Economics and Policy About the course ...

Source: www.spa.ucla.edu
Topic: Environmental Economics

Sort Desciption: A. Principles of Economics in Environmental Management. What is an environmental problem ... Why Environmental Economics ? Externalities & Market Failures ...

Content Inside: 1 Policy Studies 115/250 Environmental & Resource Economics and Policy Course Syllabus Instructor: J.R. DeShazo Assistant Professor Policy Studies Office: 6325 Public Policy Building Phone: 206-6717 Email: deshazo@ucla .edu Office hours: Monday 2:30 to 3:30 or by appointment Class meetings: Tuesday and Thursday 1:30 to 2:30 PM Class location: 4357B Public Policy Building About the course We provide a survey of the ways in which economics is used to define analyze and resolve problems of environmental management. We explore answers to four broad questions. First how should we evaluate the social costs and benefits of rival environmental policies? Second how may we value the social benefits provided by the environment? Third how should we determine the optimal level of pollution and choose policies that efficiently achieve it? Fourth how should we manage renewable resources (forests fisheries & water) and non-renewable resources (oil & minerals)? Throughout the course we contrast the normative recommendations of economic principles and models with the political outcomes observed through the use of policy case studies. See the attached outline for a more detailed presentation of the content of the course. Course Requirements The course is suitable for graduate students and advanced undergraduate students who want an overview of the analytical questions addressed by environmental economists that bear on public policies. Prerequisites. Prerequisites for the course are a thorough understanding of intermediate microeconomics basic calculus and simple regression analysis. Therefore students should have had Econ 11 and Econ 143 or PS 204 and PS 208 or UP 207 and UP 220B prior to enrolling. Grading. Grades for the course will be based on a midterm exam final exam and two problem sets as follows. Participation 10% Problem Sets 15% Midterm 35% Final 40% The problem sets will require reasoning and problem-solving skills using the economic principles ta ...