Economics 375

ECON 375: Environmental Economics

Prerequisite: ECON 206

Credit Hours: (3)

An introduction to the development and management of environmental goods and services using economic principles.


Detailed Description of Content of the Course

This course examines the nature and significance of threats to the environment, the history of environmental protection and the forces shaping public policy. Tools of economic analysis will be used to explain environmental problems and compare and contrast various regulations, standards and market oriented approaches to dealing with environmental problems. Students will be introduced to analysis of environmental issues, policies, and applications to real world problems.

Topic Outline

  1. Introduction to economics and the environment.
  2. Market failures and environmental problems
  3. Non-market valuation of environmental goods
  4. The Economics of pollution control
  5. Abatement-based standards
  6. Market-based instruments and policy
  7. Economic growth and the environment
  8. Global climate change


Detailed Description of Conduct of the Course

The following teaching strategies may be employed:

Lectures, videos, discussions, in-class and/or at-home activities and assignments.


Goals and Objectives of the Course

After successful completion of the course students are expected to be able to:

  1. Demonstrate an understanding of key concepts in environmental economics.
  2. Explain and apply the various methods for evaluating environmental goods and services. (SLO 6)
  3. Analyze basic environmental problems using economic theory. (SLO 3)
  4. Explain conventional and economic solutions to environmental problems. (SLO 6)
  5. Compare and contrast alternative policies for environmental protection and sustainability.


Assessment Measures

The following assessment measures may be employed: Tests, quizzes, homework, reports, presentations, or class participation.  Grades and percentages depend on individual professors.


Other Course Information



Review and Approval

Date Action Reviewed by
December 2004 Made alterations to syllabus N. Hashemzadeh, Chair
April 16, 2012 Revised
June 2019