A Course in Environmental Economics
Theory, Policy, and Practice
Chapter 3 in the book is used to introduce the basic idea of environmental policy design. The main goal is to give baseline descriptions of command and control, cap and trade, emissions taxes, and the like. The models are highly stylized at this point,…
I am teaching a master’s level environmental economics course this term. The chapter 1 material that demonstrates the basic model-Pareto optimum-market-policy logic is a bit advanced for my audience. As such, I used a simpler version of the model in chapter 1 to demonstrate…
