Winter
2020/2021
Section
1

In this course you will learn to identify the market failures which contribute to degradation of the natural environment such as air pollution, water pollution, and habitat loss.  You'll learn how to put a dollar value on environmental degradation, and how to use those dollar values to compare projects and to determine the socially optimal level of emissions.  We'll compare different kinds of policies (limits, taxes, tradable permits, labels, etc.) and their likely outcomes.