L82 EnSt 451 Environmental Policy

This course examines the relationship between environmental economics and environmental policy. The course focuses on air pollution, water pollution, and hazardous wastes, with some attention given to biodiversity and global climate change. The course examines critically two prescriptions that economics usually endorses: (1) "balancing" of benefits against costs (e.g., benefit-cost analysis) and the use of risk analysis in evaluating policy alternatives; (2) use of market incentives (e.g., prices, taxes or charges) or "property rights" instead of traditional command-and-control regulations to implement environmental policy. Prerequisite: Econ 1011.
Same as L11 Econ 451

Credit 3 units. A&S: SS A&S IQ: SSC Art: SSC BU: BA, ETH


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Environmental Studies

http://bulletin.wustl.edu/undergrad/artsci/environmentalstudies/

...Art : NSM BU : SCI View Sections L82 EnSt 451 Environmental Policy This course examines the...