ESMA 608 Environmental Policy and Economics
This course tackles issues related to the impact of the economy on the environment, climate change challenges, and the appropriate way of regulating economic activity so that balance is achieved among environmental, economic, and other social goals. We discuss and measure the impact on the environment of producers’ behavior and consumers’ needs. We address the role of markets in determining the "right" amount of pollution and market failures in achieving the socially desirable amount of pollution. We analyze the development of GHG emissions policies and other environment related policies. In addition, we explore issues faced by different countries in the developed and developing world with regard to environmental policy.
Offered
Spring