AREC 454 - The Economics of Climate Change

Institution:

University of Maryland Eastern Shore

Subject:

Description:

Prerequisite: ECON306 or ECON326. Restricted to Agricultural and Resource Economics majors (0111C and 0111O), Environmental Science and Policy Environmental Economics Concentration majors (2299D), and those minoring in Agribusiness Economics (#AG01), Environmental Economics and Policy (#AG02), or Resource and Agricultural Policy in Economic Development (#AG03). Other students will be taken off the holdfile on the first day of class as space allows. Credit will be granted for only one of the following: AREC454 or AREC489C. Formerly AREC489C. The role of economics in the formation of climate policy; basic concepts of environmental economics including efficiency, externalities, and policy instruments; economic models of intertemporal decisions and decision making in the face of uncertainty. Applied economic analysis of specific issues and current policy initiatives.

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.umes.edu

Phone Number:

(410) 651-2200

Regional Accreditation:

Middle States Association of Colleges and Schools

Calendar System:

Semester

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