Assignment 2 (Due March 18)
1. True or false, explain
a. Often, the tax revenue collected by the government equals the reduced welfare of
buyers and sellers caused by the tax.
b. The deadweight loss of a tax rises even more rapidly than the size of the ta
Problem Set 1
(Due February 29)
Lovers of classical music persuade HK to impose a price ceiling of $40 per ticket.
Does this policy get more or fewer people to attend classical music concerts?
Suppose the HK government requires beer drinkers to pay
Economics for Environmental Policy and Management
1. Course Description
This course is about environmental economics with an emphasis on policies that seek to
mitigate the impacts of environmental problems. We will connect microecono