lec 1 - ARE 176 Environmental economics Ariel Singerman...

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

View Full Document Right Arrow Icon
ARE 176: Environmental economics Ariel Singerman September 23, 2010
Background image of page 1

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

View Full DocumentRight Arrow Icon
What is environmental economics ? Environmental economics (EE) is concerned with the impact of the economy on the environment, the significance of the environment to the economy, and the appropriate way of regulating economic activity so that balance is achieved among environmental, economic, and other social goals ollution is a by roduct of producing some good Pollution is a by-product of producing some good the public wants Consumers simultaneously obtain utility from the good produced and disutility from pollution The essence of the “environmental problem” is the economy i.e.: consumer desires and producer behavior
Background image of page 2
EE and environmental policy Determining the right amount of pollution is not easy: To determine the costs of pollution control necessary to understand the structure of goods production and how costs will differ for different level of pollution Firms have options if enforced to reduce pollution levels e.g.: end-of-pipe treatment, modifying production process, investing in
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 01/27/2011 for the course ARE 176 taught by Professor Farzin during the Fall '08 term at UC Davis.

Page1 / 7

lec 1 - ARE 176 Environmental economics Ariel Singerman...

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