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EEP 101/econ 125 Environmental Economics
David Zilberman
22 Warren Hall, Tuesdays & Thursdays, 9:30-11:00 a.m.
Class website http://are.berkeley.edu/courses/EEP101/spring02/
Office Hours: Thurs., 3:30-5 p.m.
337 Giannini Hall.
G.S.I.'s:
• Anna Gueorguieva [email protected]
• Yanhong Jin [email protected]
• Aaron Swoboda [email protected]
Textbooks (Optional)
• Tietenberg, Tom. Environmental and Natural Resource Economics. Fifth Edition, Reading, Massachusetts: Addison Wesley Longman, Inc., 2000.
• Hartwick, J., and N. Olewiler. The Economics of Natural Resource Use. New York: Harper & Row, 1986.
• Carlson, Gerald A., David Zilberman, and John A. Miranowski. Agricultural and Environmental Resource Economics. New York: Oxford University Press, 1993.
• Online class notes
Grading • Option 1- no final paper
– 50% final, 30% midterm, and 20% homework.
• Option 2-with final paper– 66.6% Grade of option 1, 33.3% Grade of paper
Paper 15 pages Environmental economics topic
Survey of literature, interviews, analysis. Examples
Water markets in California,
Policies to contain climate
Economics of endangered species act
Outline• Lecture 1: Introduction • Lecture 2: When Is a Market Socially Optimal? • Lectures 3-4: Production Externalities • Lecture 5: Positive Externalities • Lecture 6: Coase Theorem and Liability Roles • Lecture 7: Externalities and the Selection of Policy
Tools: Other Considerations • Lectures 8-9Externalities and Technology Adoption• Lecture 10: Environmental and Health Risks • Lecture 11: Waste Management • Lectures 12-13: Public Goods
Outline (continue)Lectures 14-15: Endangered Species, Targeting
• Lectures 16-17: Valuation of Environmental Benefits • Lecture 18: Key elements of Dynamic Systems • Lectures 19-20: Dynamic Aspects of Enviro Policies • Lectures 21 -23: Water Allocation and Quality Policies • Lecture 24: Pesticide Economics • Lecture 25: Biotechnology • Lectures 26-27: International Environmental Issues • Lecture 28: Environment and Development • Lecture 29: Review
What is environmental economics• How to use economics principle to manage better
the environment and the economy• Guiding principles• Anthropocentric emphasis- human concern for and
benefits from nature justifies policy intervention.• Inter-disciplinary emphasis-Scientific knowledge
become part of the input to the economic analysis• Policy emphasis- market failures cause to pollution
control and environmental conservation policies• Issue orientation
Major issues and problems• Pollution control-carrots sticks awareness guilt
• Valuation of environmental amenities
• Conservation policies and environmental protection
• Water air and soil protection
• Climate change
• Sustainability endangered species
• Risk management
Major issues and problems• Pollution control-carrots sticks awareness guilt
• Valuation of environmental amenities
• Conservation policies and environmental protection
• Water air and soil protection
• Climate change
• Sustainability endangered species
• Risk management
The Major association of environmental economist is AERE Association of environmental and resource economics. Its journal is JEEE. Environmental economics is supported by EPA, USDA, Army core of engineers.
Environmental economists are employed by the federal &state government, developers, environmental groups,lawyers,
The Society facilitates understanding between economists and ecologists and the integration of their thinking into a transdiscipline aimed at developing a sustainable world.
Agricultural economists emphasize research on environmental issues including water pesticides animal waste, soil erosion,ag biotech etc. Their association AAEA journal AJAE
Interdisciplinary Journals• Science American Academy of Science• Nature• Water Resources Research American Geological Union• Natural Resources Modeling• Journal of Amer. Statistical Assoc. American Statistical
Association• Management Science Management Science Society• The Economist,• Choices, • Resources, • Challenge,• California Agriculture