2013-2014 Academic Catalog 
    
    May 16, 2024  
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2013-2014 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: ECON 011 and ECON 160

Anticipated Terms Offered: periodically
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