ECN 574 - Environmental and Natural Resource Economics

[3 credit(s)]

Prerequisite: Intermediate microeconomic theory. Analysis of the causes of environmental problems using the concepts of public goods and externalities. Examination of the impact and efficiency of regulatory approaches in controlling pollution and congestion. Externality and sustainability issues involving the rate of exploitation of natural resources are explored. Both positive and normative economic reasoning are applied to the related issues of population size, economic-ecological interactions, and future prospects for humanity.

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