ECON 691 Special Topic:
Environmental and Natural Resource
Economics & Policy
Fall 2021
Thursdays 7:00 p.m. to 9:40 p.m.
Online, synchronous
Dr. Linda Fernandez
This course introduces economic principles, tools and empirical applications of theories to address a wide range of challenges to environmental quality and natural resources for public policy and private sectors on local through international scales. Economic incentives for public and private sectors are evaluated and evaluated for policies implemented to address externalities, information asymmetry, public goods, etc. The range of natural resources includes energy, water, fisheries, forestry, biodiversity in the exploration of economic theory and analysis for policy and management. Many empirical examples focus on natural resource scarcity and conservation over time and environmental quality protection of air, water, land. Policy instruments to analyze with contemporary and past applications include (tradable permits, taxes, liability rules, deposit-refund systems, voluntary compliance incentives, information mechanisms, standards, etc). Methods for environmental valuation are included. Math and statistics are referenced in the class for quantitative analysis.