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Institution:
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Williams College
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Subject:
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Environmental Studies
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Description:
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For a variety of reasons including environmental pollution, urbanization, changing agricultural techniques, resource mismanagement, and the consequences of climate change, water is becoming a scarce resource even in places where it was relatively plentiful in the past, and it is likely to become an increasingly scarce resource over the coming decades. In this course we will use basic economic models to consider policy issues relating to water: Is access to water a basic human right, and if so, what market and non-market mechanisms should play a role in water allocation? Does public ownership of water improve the way it is provided and used? Why do societies differ in their approaches to allocating water and are some systems better than others? What does it mean to have a property right to water? Could private property rights to water help address the water pollution problem? How can societies change their water-related property rights, regulations and social institutions when individuals have implicit or explicit rights to the institutional status quo? Who has the right to water that crosses international boundaries? How should societies allocate water across generations?
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Credits:
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3.00
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Credit Hours:
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Prerequisites:
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Economics 110 or equivalent
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Corequisites:
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Exclusions:
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Level:
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Instructional Type:
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Other
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Notes:
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Additional Information:
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Historical Version(s):
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Institution Website:
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Phone Number:
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(413) 597-3131
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Regional Accreditation:
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New England Association of Schools and Colleges
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Calendar System:
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Four-one-four plan
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