2014-2015 Academic Catalog 
    
    May 14, 2024  
2014-2015 Academic Catalog [ARCHIVED CATALOG]

ECON 255 - Valuing the Environment


Quantifying the benefits and costs of environmental policy requires estimation of both market and non-market values.  Non-market values are economic values not captured in market transactions.  This advanced course introduces the theory, methods, and practice of non-market valuation as applied to environmental and natural resource policy.  It explores the theoretical models used as a foundation for non-market valuation, the estimation of values using empirical and statistical methods, and the application of non-market values to policy.  Case studies will be used to illustrate methods and applications; topics will include water quality, fisheries, wildlife and ecosystem services.

Prerequisites:  ,   and  

 

Anticipated Terms Offered: periodically