ECON 5250 - Environmental and Natural Resource Economics

Meets with ECON 6250. Graduate students should register for ECON 6250 and will be held to higher standards and/or additional work. Air, water, and ground pollution; public policies to reduce pollution (including taxes, quotas, and tradable permits); destruction, valuation, and protection of natural environments and the species within them. The United States and other nations are considered. Also exploitation and depletion of nonrenewable energy and mineral resources; equity between different human generations; natural reproduction and human harvesting of fish and trees; extinction of species; entropy, thermodynamics, and the prospects for perpetual economic growth.