Goucher College 2022-2023 Undergraduate Catalogue 
    Jul 20, 2024  
Goucher College 2022-2023 Undergraduate Catalogue PLEASE NOTE: This is an archived catalog. Programs are subject to change each academic year.

ES 224 - Environmental Economics (2 Cr.)

The primary objective of this course is to develop an understanding of how society interacts with the environment and why those interactions often lead to environmental degradation. We will use economic theory to examine contemporary environmental issues, to identify situations in which markets fail to efficiently allocate resources, and to discuss why such situations exist and what policymakers can do to address those environmental issues. Along the way, we will discuss how to evaluate the benefits and costs of various pollution control polices, how to quantify the value environmental goods and services, and even how to take future generations into consideration when making policy decisions. Now let’s go harness the power of market forces to help save the planet! Prerequisite: EC 111   Fall semester. Shamshak.