COURSE Code: GBMP 516
3 Credits
Course Description
This course applies economics to environmental issues faced internationally. Students examine strategies for assessing trade-offs between environmental preservation and other economic and social activities. A framework for examining environmental problems and recognizing what constitutes a feasible set of solutions is developed. Economic concepts developed include: market failure and government intervention, valuing environmental resources, economic efficiency, and the relationship between the environment and the aggregate economy. Environmental issues examined include: ozone depletion and global warming, energy production and use, waste management, forestry management, fisheries management, tropical deforestation, extinction, water quality and toxic waste.
