ECON 1687 - Economics of the Environment, Natural Resources, and Climate Change

Institution:

Harvard University

Subject:

Description:

Survey of foundations and applications of the modern theory of environmental and natural-resource economics. What are the basic models and what are they suggesting about policy? Externalities, public goods, common property, strategies for controlling pollution. Dynamics of renewable resources (fisheries, forestry) and dynamics of non-renewable resources (minerals like oil). Discounting, uncertainty, cost-benefit analysis, investment criteria for environmental projects, green accounting, sustainability. Basic economic analysis of climate change as prototype example.

Credits:

4.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.harvard.edu

Phone Number:

(617) 495-1000

Regional Accreditation:

New England Association of Schools and Colleges

Calendar System:

Semester

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