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Environmental Economics
The package deals cover all lectures on Environmental Economics. The documents contain clear contents and illustrations that allow the student to easily understand.
[Show more]The package deals cover all lectures on Environmental Economics. The documents contain clear contents and illustrations that allow the student to easily understand.
[Show more]What's enviro econ? 
First, what is economics? 
Economics: the study of how agents (people, firms, etc) make choices with scarce resources and the social results of these choices 
Everything is scarce compared to wants and needs. 
We need to choose among alternatives and make trade-offs. 
These ide...
Preview 4 out of 38 pages
Add to cartWhat's enviro econ? 
First, what is economics? 
Economics: the study of how agents (people, firms, etc) make choices with scarce resources and the social results of these choices 
Everything is scarce compared to wants and needs. 
We need to choose among alternatives and make trade-offs. 
These ide...
What are market failures? 
When do they happen? 
What are the consequences?
Preview 4 out of 84 pages
Add to cartWhat are market failures? 
When do they happen? 
What are the consequences?
The documents cover the following questions: 
1. Can we achieve an efficient outcome without government intervention? 
2. What does the Coase theorem say? 
3. What are the limits to Coasean bargaining?
Preview 4 out of 43 pages
Add to cartThe documents cover the following questions: 
1. Can we achieve an efficient outcome without government intervention? 
2. What does the Coase theorem say? 
3. What are the limits to Coasean bargaining?
The document covers the following: 
1. How do we model our problems going forward? 
2. What are the different kinds of standards in theory and the real world? 
3. What happens under a standard?
Preview 4 out of 51 pages
Add to cartThe document covers the following: 
1. How do we model our problems going forward? 
2. What are the different kinds of standards in theory and the real world? 
3. What happens under a standard?
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