ECOA 3008

This course is designed to apply economic theory to the analysis of environmental problems, issues and policy. Students will learn how economic theory can be applied to mitigate the harmful effects of pollution and the inappropriate use of resources. The efficiency and efficacy of market versus non-market solutions will be discussed. Frameworks for measuring environmental costs and benefits will also be developed. The impact of environmental and resource issues on the agri-food industry at all levels in the marketing chain will be examined. Application will include air and water pollution, biodiversity preservation and global environmental problems, including climate change.