|
ECON 2675 – ENVIRONMENTAL ECONOMICS
All readings should be completed prior to lecture)
|
|
Syllabus
(PDF) Grading Scale Websites Additional Articles
|
|
|
|
DATES
|
TOPICS
|
READINGS AND
ASSIGNMENTS
|
|
Week 1
August
24, 26
|
Visions for
the Future
|
Text:
(TL)Reading: Chapters 1 and 2
Chapter
1 Lecture - Chapter 1 Lecture - Visions of the Future (PPT)
Chapter
2 Lecture - The Economic Approach: Property Rights, Externalities, and
Environmental Problems (PPT)
Required Readings: A
Great Civilization Brought Low by Climate Change (and, no, it’s not us) How Do
Economists Really Think About the Environment
Websites:
EcoMENA UN
Environmental
Programme
Videos:
Gaia Hypothesis
(Theory) Malthus, Population Growth
and the Resource Base Qatar:
Nature and development at a crossroads
|
|
Week 2
August
31
September 2
|
The Economic Approach: Property Rights, Externalities,
and Environmental Problems
Evaluating Trade-Offs: Benefit-Cost Analysis and Other
Decision-Making Metrics
|
Text:
(TL) Reading: Chapters 2 and 3
Chapter
2 Lecture - The Economic Approach: Property Rights, Externalities, and
Environmental Problems (PPT)
Chapter
3 Lecture - Evaluating Trade-Offs: Benefit-Cost Analysis and Other
Decision-Making Metrics (PPT)
Required Readings: Ronald
Coase and the Misuse of Economics Should
We Tax People for Being Annoying?
Additional Reading: Notes
on Externalities Growing
number of countries consider making ecocide a crime
Websites:
Environmental Performance Index OECD
Environment at a Glance Indicators
Videos: Environmental
Econ: Crash Course Economics
The Coase
Theorem Explained The Tragedy of the
Commons
Problems:
Chapters
1 and 2
Assignment 1 (Due September 16) – Looking at your home country, a country
you most associate with, or a country in which you have an interest, prepare
an 8 to 10 page PowerPoint presentation (which you will present in class)
describing what you (and others for that matter) perceive to be the country’s
most serious environmental concern (other than climate change). Be sure to
describe the issue in detail and provide a summary of how the problem is
currently being addressed (if it is at all). Be sure to cite at least five
(5) references.
|
|
Week 3
September
7, 9
|
Evaluating Trade-Offs: Benefit-Cost Analysis and Other
Decision-Making Metrics Continued
Valuing the Environment: Methods
|
Text:
(TL) Reading: Chapters 3 and 4
Chapter
3 Lecture - Evaluating Trade-Offs: Benefit-Cost Analysis and Other
Decision-Making Metrics (PPT)
Chapter
4 Lecture – Valuing the Environment: Methods (PPT)
Handout-The
Equimarginal Principle of Cost Effectiveness
Required Readings: Cost
Benefit Analysis of a Net-Zero Energy Housing in Qatar
Additional Reading: Environmental
Impacts of Food Production How
to Perform a Cost Benefit Analysis
Videos:
Intro
to Cost-Benefit Analysis (Conservation Strategy Fund Series)
|
|
Week 4
September
14, 16
|
Valuing the Environment: Methods Continued
Dynamic Efficiency and Sustainable Development
|
Text:
(TL) Reading: Chapters 4 and 5
Chapter
4 Lecture – Valuing the Environment: Methods (PPT)
Chapter
5 Lecture- Dynamic Efficiency and Sustainable Development (PPT)
Required Readings: Hedonic
Pricing Method The
Cost of a Human Life, Statistically Speaking
Videos: Economics: How to
Calculate the Value of Life Valuation of Ecosystem
Services: Intro to Valuation Valuation of Ecosystem
Services: Contingent Valuation
Valuation of
Ecosystem Services: Travel Cost Method Our Sustainability
Challenges. The why, the what and the how
|
|
Weeks 5 and 6
September
21,23,
28,30
|
Presentations
|
|
|
Week 7
October
5, 7
|
Depletable Resource Allocation:
The Role of Longer Time Horizons, Substitutes, and Extraction Cost
Energy: The Transition from
Depletable to Renewable Resources
|
Text:
(TL) Reading: Chapters 6 and 7
Chapter
6 Lecture - Depletable Resource Allocation: The Role of Longer Time Horizons,
Substitutes, and Extraction Cost (PPT)
Chapter
7 Lecture - Energy: The Transition from Depletable to Renewable Resources (PPT)
Websites: Our World in Data
Videos:
Economics of
Sustainability What
is Sustainable Development? Videos:
Animation of Hydraulic
Fracturing – One View Fracking 101: Why Fracked
Gas is Dirty and Dangerous (Another View)
Midterm Exam Assigned - Due Date: October 28
|
|
Week 8, Sunday, October 12, 2025 – Thursday,
October 16, 2025
Fall Break, No Classes
|
|
Week 9
October
19, 21
|
Recyclable Resources: Minerals,
Paper, Bottles, and E-waste
Water: A Confluence of Renewable and Depletable
Resources
|
Text:
(TL) Reading: Chapters 8 and 9 (PPT)
Chapter
8 Lecture - Recyclable Resources: Minerals, Paper, Bottles, and E-waste (PPT)
Chapter
9 Lecture - Water: A
Confluence of Renewable and Depletable Resources (PPT)
Websites: UN-Water Water.org
Videos:
Are Future Water Wars
Inevitable? Journey 2050: Water World's Largest $62BN
Artificial River Network: China’s South to North Water Diversion Project
|
|
WEEK 10
October
26, 28
|
A Locationally Fixed, Multipurpose
Resource: Land
Common-Pool Resources: Commercially Valuable Fisheries
|
Text:
(TL) Reading: Chapters 10 and 12
Chapter
10 Lecture - A Locationally
Fixed, Multipurpose Resource: Land (PPT)
Chapter
12 Lecture - Common-Pool Resources: Commercially Valuable Fisheries (PPT)
This chapter will rely heavily on the following videos. Please
make sure to watch!
Videos:
Fishing
(Sustainable Yield) Fisheries Economics &
Policy: Maximum Economic Yield The Simple Economics of an
Open-Access Fishery
Assignment 2 (Due November 18) – Construct a 10 to 15-minute slide presentation
on how to address a specific environmental problem that is of most concern to
you. (You may do this in a group of two or three). However, you need to
narrow your topic and use sound economic principles. You will be asked to
present in class. We will discuss more about what is expected in class.
|
|
WEEK 11
November
2, 4
|
Ecosystem
Goods and Services: Nature’s Threatened Bounty
Economics of Pollution Control:
An
Overview
|
Text:
(TL) Reading: Chapters 13 and 14
Chapter
13 Lecture - Ecosystem Goods and Services: Nature’s Threatened Bounty (PPT)
Chapter
14 Lecture - Economics of Pollution Control: An Overview (PPT)
Required Reading: Ecotourism:
Pros and Cons
Videos:
Can
Eco-tourism Help Save the Ocean? Valuation of Ecosystem
Services: Classes of Values
|
|
WEEK 12
November
9, 11
|
Stationary-Source
Local and Regional Air Pollution
Mobile-Source Air Pollution
|
Text:
(TL) Reading: Chapters 15 and 16
Chapter 15 Lecture - Stationary-Source
Local and Regional Air Pollution (PPT)
Chapter 16 Lecture - Mobile-Source Air
Pollution (PPT)
Required Reading: Carbon
Tax - Pros and Cons What
is Carbon Offsetting? Qatar
Airways Launches Voluntary Carbon Offset Programme for Passengers
Videos: Carbon Offsets The Love Canal Disaster:
Toxic Waste in the Neighborhood
The Japanese
Town That Was Poisoned Congestion Pricing: How
and Why It Works
|
|
WEEK 14
November
16, 18
|
Climate Change
Presentations
|
Text:
(TL) Reading: Chapters 16 and 17
Chapter 17 Lecture - Climate Change (PPT)
Required Reading: Volkswagen: The Scandal
Explained
Websites:
Transport
and Environment
Videos: Are
Electric Cars Really More Environmentally Friendly? The
Contradictions of Battery Operated Vehicles What's Behind Extreme Air
Pollution in India
|
|
November 20 - Last
Day to Withdraw from Courses with grade of W
|
|
WEEK 15
November
23, 25(no class)
|
Presentations
Climate Change Cont’d
|
Text:
(TL) Reading: Chapters 17 and 18
Chapter 17 Lecture - Climate Change (PPT)
Required Readings: Climate
Change 2007:Synthesis Report Summary for
Policymakers
Additional
Readings: An Earth System
Model Shows Self-Sustained Melting of Permafrost Even if All Man-Made GHG
Emissions Stop in 2020 Revising
the Cost of Climate Change
Websites: The Intergovernmental Panel on Climate Change
Videos: Science Works:
Protecting The Ozone Layer
|
|
WEEK 16
November
30
December
2
|
Water Pollution
Environmental Justice
|
Text:
(TL) Reading: Chapters 18 and 19 Chapters
20 and 21 (Read on your own)
Chapter
18 Lecture – Water Pollution (PPT)
Videos:
The Plastic Problem
- A PBS NewsHour Documentary What is WATER POLLUTION?
|
|
Exam Day
TBD
|
Final Exam
|
|
|
|
|
|