You will understand why market economies produce pollution and why regulations are needed. Social solutions to the problem are explored, and you will learn how to analyze the effectiveness of control alternatives and policies.
You will also be introduced to the use and management of natural resources and explore alternative methods used to value environmental services, which are analyzed in a Cost-Benefit framework. Exercises, a case study and discussions of the concept of sustainable development and international issues like the Porter hypothesis and environmental and resource problems in developing countries are included.
The course consists of lectures, lessons and a case study, including computer exercises.