AEM 2500 Lec1 8-25-10 sv - Poe, AEM 2500, Fall 2010,...

Info iconThis preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon
Poe, AEM 2500, Fall 2010, 08/25/10 1 Environmental and Resource Economics AEM 2500 Fall Semester, 2010 MWF 9:05 – 9:55 Riley-Robb 125 http://blackboard.cornell.edu Prof. Gregory L. Poe “Environmental Economics”, “Resource Economics” and “Ecological Economics” Are They Oxymorons ?
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Poe, AEM 2500, Fall 2010, 08/25/10 2 People Confuse Economy with Economics • Economics: Environmental and Resource Economics, AEM 2500 • The objectives of this course are: – To introduce fundamental economic principles and the “economic approach” to policy issues economic approach to policy issues. – To demonstrate how these concepts underpin contemporary environmental and natural resource issues and policy solutions. – To enable you to “think like an economist” with respect to environmental and resource economic issues. With these foundations you will hopefully be able to make With these foundations, you will hopefully be able to make an informed, personal decision about the role and limits of economic approaches to environmental policies.
Background image of page 2
Poe, AEM 2500, Fall 2010, 08/25/10 3 Environmental and Resource Economics, AEM 2500 I. Foundations (Aug. 25 to Sept. 29) - The role and limits of environmental and natural resource economics. - Market success and efficiency – how markets work. - Market Failure: externalities, public goods and the tragedy of the commons. II. Environmental Economics (Sept. 29 to Nov. 3) - Efficiency: “optimal” level of pollution, benefit-cost analysis, non-market valuation. -
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 4
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 12/20/2010 for the course AEM 25 at Cornell University (Engineering School).

Page1 / 7

AEM 2500 Lec1 8-25-10 sv - Poe, AEM 2500, Fall 2010,...

This preview shows document pages 1 - 4. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online