Course Catalog Information (24-25)
ECON 3
Environmental Economics
Course Description
This is an introduction to the basic principles of economics and their application to problems of environmental quality and natural resource utilization. Topics will include market failures, sustainable resource allocation, environmental degradation, pollution, and a rationale of government involvement in the market-based economy. Emphasis will be given to sustainability and the importance of including the environmental impact into the cost-benefit analysis of economic activities.
Student Learning Outcomes
- Demonstrate an understanding of environmental responsibility and natural resource scarcity and its role within economic science and economic growth.
- Identify the interdependent relationship between the economy and the environment, and the long-term thinking necessary to grow the world economy while protecting environmental resources.
- Evaluate the marginal benefits and marginal costs of environmental clean-up and contrast the optimal solution of the free market versus competing views of valuing the environment.
- Evaluate outcomes and government policy responses in markets with negative externalities, and their effectiveness in the US and the international community.
Course Details
- Units
- 4 Units
- Hours
- Weekly Lecture Hours: 4
- Weekly Lab Hours: 0
- Gen Ed
- General Education Class
- Program Status
- Program Applicable
- Credit
- Credit - Degree Applicable
- Transferability
- Transferable to both UC and CSU
- Grading Method
- Letter Grading
Requisite and Advisory
- Advisory(ies)
- EWRT 1A or EWRT 1AH or ESL 5
- Elementary algebra or equivalent or higher, or appropriate placement beyond elementary algebra
- Prerequisite(s)
- Corequisite(s)
Limitations on Enrollment and Entrance Skills
- Limitation(s) on Enrollment
- Not open to students with credit in the Honors Program related course.