Considers the allocation of society's scarce environmental resources and government attempts to achieve more ef�cient and equitable allocations. It is a course in applied welfare economics with an emphasis on market failure and valuation. Incorporates static and dynamic optimization techniques to formally model environmental and resource outcomes and policy instrument choice. The course can be taken independently or in conjunction with 8545 to make a two-semester sequence in environmental economics.
instructor(s)
Kaffine, Dan
Primary Instructor
- Fall 2019 / Spring 2022 / Spring 2024