Instructor: Bishop, Richard
Subject area: Economics
Department: Economics
Course number: 343
Year taught: 1998
Level: Undergraduate
Please note that the copyright for this syllabus is retained by the
instructor.
Date | Course Schedule and Reading Assignments |
Jan. 21 | Introduction, Chapter 1; Application: Failed Attempt to Control Automobile Emissions in Mexico City. (Lecture 1) |
Jan. 26 |
The Economy and the Environment, Chapter 2; Application: Tradeoffs Between Economy and Environment in the U.S. (Lecture 2) |
Jan. 28 |
Concepts and Tools, Chapter 3; Application: Tropical Forest Protection in Madagascar. (Lecture 3) |
Feb. 2 |
More Concepts . . .; Economic Efficiency and Markets, Chapters 3 & 4; Application: Valuation of Great Lakes Commercial Catches of Whitefish and Yellow Perch. (Lecture 4) |
Feb. 5 |
Economic Efficiency and Markets (cont.), Chapter 4; Application: Water Markets. (Lecture 5) |
Feb. 9 |
Principles of Pollution Control, Chapter 5; Application: Experiencing a Real Externality. (Lecture 6) |
Feb. 11 |
Principles . . . (cont.), Chapter 5; Application: Oysters and Lobsters under Open Access. (Lecture 7) |
Feb. 16 |
Approaches to Economic Analysis of Environmental Decisions, Chapter 6. Application: Lake Mendota Valuation Survey. (Lecture 8.) |
Feb. 18 |
Approaches . . . (cont.), Chapter 6. Application: Did Greg Alstodt really win $1 million? (Lecture 9) |
Feb. 23 |
Evaluating Increases and Decreases in Environmental Benefits, Chapter 7. Application: Results of the Lake Mendota Survey. (Lecture 10) |
Feb. 25 |
Damage Assessment: Exxon Valdez Oil Spill Film, review text, pp. 114-115, 155-156. Read Carson et al. from readings packet. (Lecture 11) |
March 2 |
Catch-up and review. |
March 4 | First Exam. |
March 9 | Spring Break. |
March 11 | Spring Break. |
March 16 | Evaluating Costs of Environmental Interventions (cont.), Chapter 8; Application: Glen Canyon Dam and the Grand Canyon (Read paper by Bishop and Welsh in your readings packet). (Lecture 12) |
March 18 |
Pollution Control Policy, Chapters 9 and 10. Application: More on Grand Canyon. (Lecture 13) |
March 23 |
Command-and-Control (CAC) Approaches, Chapters 11 and 14; Application: Technology-based water quality standards in the US. (Lecture 14) |
March 25 |
Incentive-Based Strategies, Chapters 12 and 13. (Lecture 15) |
March 30 |
Applications: Selected additional topics in pollution control, Chapters 15-18. (Lecture 16) |
April 1 |
Application: The Proposed Exxon Mine in Northern Wisconsin, read material in readings packet. (Lecture 17) |
April 6 |
Catch-up and review. |
April 8 | Second Exam. |
April 13 | Environmental Issues in Developing Countries, Chapter 19; Application: Population Policy. (Lecture 18) |
April 15 |
Global Environmental Issues, Chapters 20 and 21; Application: Ozone depletion. (Lecture 19) |
April 20 |
Application: Global Warming, read article by Nordhaus in readings packet. (Lecture 20) |
April 22 |
Application: Biodiversity, read Randall paper that will be handed out in class and Davis paper from readings packet. (Lecture 21) |
April 27 |
Future prospects, read Kahn, Chapter 18 from readings packet; Application: The Dangers of Projecting the Future. (Lecture 22) |
April 29 |
Sustainability and Economics, read Bishop and Woodward from readings packet. (Note: Figure 1, which plays a big role in what we will discuss from this reading, does not appear in the text, but rather at the very end of the paper.) (Lecture 23) |
May 4 |
Sustainability . . . (cont.). (Lecture 24) |
May 6 | Review |