MS&E Economics of Natural Resources
Environmental Law: General

Regulatory & Policy
Environmental Law
General


Environmental Law: Conservation & Natural Resources
[ A ] [ L ] [ R ]

Environmental Law: Pollution/Harms to Public Health
[ A ] [ L ] [ R ] [ T ]

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Item is good for 26 routes, rollover orange dots above to see which ones! MS&E 248 Economics of Natural Resources School of Engineering Recommended for route(s): [ Regulatory & Policy ] Environmental Law: General Why it is relevant for ... [ Regulatory & Policy ] as a Relevant Course outside SLS for those interested in Economic Policy Analysis : Students considering a career in environmental law and policy will want to take one or more courses focusing on economic and policy tools and decision-making. This course is the first of a two course sequence on the economics of nonrenewable and renewable natural resources, including energy products and services. The course considers market structure, pricing, and performance of important energy and resource industries; sources of market failure in these industries; and alternative regulatory approaches. General course Description: Intertemporal economic analysis of natural resource use, particularly energy, and including air, water, and other depletable mineral and biological resources. Emphasis is on an integrating theory for depletable and renewable resources. Stock-flow relationships; optimal choices over time; short- and long-run equilibrium conditions; depletion/extinction conditions; market failure mechanisms (common-property, public goods, discount rate distortions, rule-of-capture); policy options. Prerequisite: 241 or ECON 51. Course Style: A Substantive course teaches the law, theory, and policy in a particular area of law |