Special Topics in Environmental Economics

The objective of this seminar is that each student achieves fluency in a set of advanced concepts in environmental economics. The seminar is divided into two main sections. First, we introduce the core theory and policy implications of environmental economics. These include the economics of renewable and non-renewable resources, the theory of externalities and public goods, the Coase theorem, the Ostrom perspective; and sustainability. Second, we study selected topics including the promise and challenges of economic growth, the future of fossil fuels and renewables, and the imperative of climate justice. (ECON 0210 and (ECON 0255 or IPEC 0240 [formerly ECON 0240]) 3 hrs. sem.