Environmental Economics

Course: Environmental Economics
Workload: 30h
Prerequisite: Econometrics, Intermediate Microeconomics
Professor: Sophie Mathes

Environmental economics: Welfare under externalities. Coase theorem. Theory of environmental policy. Climate change and DICE models. Value of a statistical life. Externalities under perfectcompetition, imperfect competition, imperfect information, and leakage. Impacts of air pollution and water pollution. Impacts of heat. Cost-benefit analysis. Hedonic valuation and revealed preference.

Mandatory Bibliography:
Phaneuf and Requate, Environmental Economics (2016)