eep101 ps3 - EEP 101/ECON 125 Environmental Economics...

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EEP 101/ECON 125 Environmental Economics Spring 2008 Problem Set # 3 (Due at BEGINNING OF LECTURE on Thursday 04/24/08) Please put your name, SID, and section that you want your problem set returned to in your header. Question 1: Explain. (Please provide a 2-3 sentence explanation of each concept/theory in YOUR OWN words.) (24 pts.) a) Comparative Advantage b) Heckscher Ohlin Theorem c) Stolper Samulson Theorem d) Environmental Kuznets Curve (EKC) Question 2: Short essay. (Limit your answer to ½ page, single-spaced) (36 pts.) Provision and management of environmental services has emerged as one of the most influential topics in environmental and resource economics. I. Briefly explain what we are referring to when we talk about environmental services? II. In this context, briefly define and describe the policy objective of the following programs: a) The Conservation Reserve Program (CRP) b) Environmental Quality Incentives Program (EQIP) c) Wetlands Reserve Program d) Conservation Security Program (CSP) Question 3: (40 pts.) The hookworm is a type of parasitic worm that infect humans. It is particularly prevalent
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