This course teaches students how to apply environmental economics to policy-making by exploring topics such as taxes, fees, and cap & trade. Students will learn how to value the environment and natural resources, optimize policies economically, and understand economic paradigms related to public goods. The course covers economic approaches to reducing externalities, provides an overview of econometrics with environmental policy examples, and discusses conservation return on investment and non-market valuation methods. The intended audience for this course includes individuals interested in environmental policy, economics, and sustainability.
Overview
Syllabus
Applying Environmental Economics to Policy: Taxes, Fees, Cap & Trade.
How Do We Value the Environment?.
What Do We Value Related to the Environment and Natural Resources?.
Optimizing Policies Economically: Baltic Restoration Example.
Economic Paradigms and Public Goods: Self-Interest, Rationality, and Maximization.
Economics 101 in 10 Minutes.
Economic Approaches to Reduce Externalities, Part 1: Prescriptive vs. Market-Based.
Economic Approaches to Reduce Externalities, Part 2: Cap-and-Trade Detailed.
Econometrics Overview with Environmental Policy Examples.
Conservation Return on Investment.
Non-Market Valuation Methods.
Taught by
The National Socio-Environmental Synthesis Center
