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ECON 3466E

Environmental Economics

Syllabus - Winter 2023

Course Materials

Required course materials should be obtained before the first day of class.

Required textbooks are available for purchase through theUConn Bookstore (Renting is a cheap option; or use the Purchase Textbooks tool in HuskyCT). Textbooks can be shipped (fees apply).

Required Materials:

1. Environmental Economics (7th edition) by Barry Field and Martha Field

Optional Materials:

1. Environmental and Natural Resource Economics, 11th edition, by Tom Tietenberg and Lynne Lewis.

2. Environmental and Natural Resource Economics, by J. M. Harris and B. Roach.

3. Environmental Economics and Management: Theory, Policy, and Applications , by S. J. Callan and J. M. Thomas

Additional course readings and media are available within HuskyC T, through either an Internet link or Library Resources

Course Description

Application of economic reasoning to environmental issues. Topics include air and water pollution and the management of natural resources; market failure and environmental regulation; market-based mechanisms; cost-benefit analysis, environmental valuation, and program evaluation; environmental justice from an economic perspective.

Course Objectives

By the end of the semester, students should be able to:

1.   Identify environmental problems such as market failures, externality, and the role of the government.

2.   Recognize the optimal role for public policy relative to the existing market failures.

3.  Apply the concept of externalities and the methods needed to design and implement public policy tools to address externalities.

4.  Apply tools to assess the costs and benefits of alternative public policy options.

5.   Demonstrate the theoretical and methodological tools to integrate environmental issues and economic research to formulate and discuss policy options.

6.   Synthesize economic research applied to environmental issues.

7.   Examine issues related to natural resources exploitation.

8.   Develop the ability to inform policy debates and communicate findings and recommendations to policymakers.

Class Structure

Each module includes several activities that are broken into sections:

1. Lectures material on important concepts and results from economics issues related to the environment.

2. Quizzes aimed at testing the understanding of the covered material.

3. Student presentation of a specific environmental issue as discussed in the academic literature.

The purpose of the lectures is to teach the basic theory and concepts that are the foundations  of the field of economics as related to the environment. The purpose of the presentations and  debates is to familiarize students with a number of current environmental issues and to see      how an understanding of the concepts discussed in the lectures apply in these contexts. The   discussions are meant to be interactive, and for the debate topics all students are expected to  be familiar with the topic and participate in the discussion.  These discussions are an important part of the class.

Course Requirements and Grading

Summary of Course Grading:

Course Components

Weight

Quizzes

40%

Paper Presentation

50%

Participation/discussion during presentations

10%

Total

100%

Quizzes and Assignments

In each Module, you will be required to take a quiz that is intended to test your understanding of the material covered up to that point.

Paper Presentation

Each student is expected to prepare one presentation of a published academic paper chosen  from the reading list. You will sign-up to a Presentation choosing a presentation topic. You are allowed to collaborate with only one additional student at the maximum. The presentation will  be followed by questions and discussion lead by two other classmates about the content of the paper and the presentation.

Please sign-up to the presentation of the empirical paper no later than January 2 (first come, first serve basis). A sign-up sheet with the presentation dates is available here.

All presentations will take place in the Discussion Board in HuskyCT on the following

days: 01/10-01/13. You will do a live presentation, online, and upload/share it on the

relative discussion board the day preceding the presentation/discussion date.

The purpose of the presentation and following discussion (described in more detail below) is to familiarize students with a number of current issues related to ocean governance and to see how economics apply in these contexts. The discussions are meant to be interactive and all students are expected to be familiar with the topic and participate in the discussion. All students are required to read each paper and are expected to contribute to the discussion.    Learn more about the presentation format below.

Instructions for the presentation

Discussion of Academic Papers

After each video presentation all students are expected to contribute to the discussion (in writing ) about the merit of the presented piece of research. This is very important because there will be questions about these papers on the tests. Now, you have read the paper   very carefully and have taken the time to understand the paper’s contributions, its strengths  and weaknesses and its most salient points. Learn more about the general guidelines for the discussion below.

Guidelines for the discussion

Grading Scale

Grade

Letter Grade

GPA

93-100

A

4.0

90-92

-

3 7

87-89

B+

3.3

83-86

B

3 0

80-82

-

2.7

77-79

C+

2.3

73-76

C

2 0

70-72

-

1.7

67-69

D+

1 3

63-66

D

1.0

60-62

-

0.7

<60

F

0.0

Due Dates and Late Policy

Presentations must be uploaded on HuskyCT by the end of the day preceding the lecture in which the presentation will be given. All course due dates are identified in HuskyCT and the course schedule. Deadlines are based on Eastern Time. The instructor reserves the right to change dates accordingly as the semester progresses. All changes will be communicated in an appropriate manner.

Late Policy - I will apply a 10% penalty for each late day after two or more days of delay.

Feedback and Grades

I will make every effort to provide feedback and grades within 12 hours. To keep track of your performance in the course, refer to My Grades in HuskyCT.

Student Authentication and Verification

The University of Connecticut is required to verify the identity of students who participate in online courses and to establish that students who register in an online course are the same students who participate in and complete the course activities and assessments and receive academic credit. Verification and authentication of student identity in this course will include:

1.  Method 1: Secure access to the learning management system using your unique UConn NetID and password.

2.  Method 2: You will create a video for the Presentation Assignment using your webcam. To practice creating a video you will create a video in the Mod 1 Video Discussion. To create your video, you can use the Kaltura video tool. See the Kaltura Video Tool tab on the course left-side menu in HuskyCT.