We will meet every Monday and Wednesday in Hillcrest 103 (‘The Orchard’)
Monday, September 12 – an introduction to EC265
- Introduction
- TimesCast video on EPA regulations
Wednesday, September 14 – questions about global warming
- Goodstein, Chapter 1
- Video of William Nordhaus, commenting on the Stern Review
Monday, September 19 – ethics, the environment, and what we value
- Goodstein, Chapter 2
- McKibben, Chapter 1
Wednesday, September 21 – externalities and ‘the tragedy of the commons’
- Goodstein, Chapter 3
- ‘Production, Consumption and Externalities.’ Robert U. Ayres and Allen V. Kneese. American Economic Review LIX, June 1969. (Read only pp. 282 – 288)
- A Tale of Two Fisheries.’ John Tierney – The New York Times (August 27th, 2000)
Monday, September 26 – the efficiency standard
- Goodstein, Chapter 4
- ‘Polluters Should Have to Pay‘ Carol Browner – The New York Times (March 1, 2002) (Lexis-Nexis)
Wednesday, September 28 – the safety standard
- Goodstein, Chapter 5
- Memo from Lawrence Summers (December 12, 1991)
Related reading:
- On toxic waste trading in Benin
- The Guardian. September 29, 2011. Brazilian Judge Orders Construction of Amazon Dam to Stop
Friday, September 30 – First problem set due
Monday, October 3 – the sustainability standard (part 1)
- Goodstein, Chapter 6, sections 6.0 – 6.4
- ‘Sustainability: An Economist’s Perspective.’ Robert Solow
Tuesday, October 4, 4:30 PM, the Orchard – Middlebury-Monterey lecture. “What Environmentalists Should Know about Economics.” Jason Scorse, associate professor and chair of the International Environmental Policy Program at the Monterey Institute of International Studies.
Wednesday, October 5 – Visit from Jason Scorse – on well being, income and how we live
- Mckibben, Chapter 3
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The Atlantic. March 21, 2011 – The Case for Happiness Based Economics
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Jason Scorse. March 19, 2006 – It’s Note the Economy, Stupid.
Wednesday, October 5 (recommended) 7PM, Dana Auditorium – Mann vs. Ford
Monday, October 10 – the sustainability standard (part 2)
- Goodstein, Chapter 6, sections 6.5 – 6.7 and Appendix 6A
Monday, October 10 (recommended) 7PM, 220 McCardell Bicentennial Hall – “Happiness, Work and Stress,” with John de Graaf and Laura Musikanski
Wednesday, October 12
- Goodstein, Chapter 7 – ecological sustainability
- ‘Betting on the Planet.’ John Tierney – The New York Times (December 2nd, 1990)
Friday, October 14 – Second problem set due (pass-fail)
Monday, October 17 – Mid-term exam. 7PM – 10PM, Axinn Auditorium (Exam review session during regular class period.)
Wednesday, October 19 – discussion of research project
Monday, October 24
- Fall break
Wednesday, October 26 – measuring benefits of environmental protection
- Goodstein, Chapter 8
Monday, October 31 – measuring costs of environmental protection
- Goodstein, Chapter 9
Wednesday, November 2 – benefit-cost in practice
- Goodstein, Chapter 10
Monday, November 7 – is more really better?
- “The Combined Effect of the Obama EPA Rules.” EPI Briefing Paper. September 16, 2011
- Goodstein, Chapter 11
Wednesday, November 9 – time for working on projects
Monday, November 14 – the theory of incentive-based regulation
- Third problem set due
- Goodstein, Chapter 16
Wednesday, November 16 – the practice of incentive-based regulation
- Goodstein, Chapter 17
- “Environmental Regulations, Air and Water Pollution, and Infant Mortality in India” Michael Greenstone and Rema Hannah
Monday, November 21 – the practice of incentive-based regulation (continued)
- The Economic Impacts of the Regional Greenhouse Gas Initiative on Ten Northeast and Mid-Atlantic States Hibbard, Paul et al. November 15, 2011. The Analysis Group. (See this introductory page.)
Tuesday, November 22 – Draft of projects/papers due
Wednesday, November 23 – Thanksgiving Break
Monday, November 28 – on food and equity in a local economy: in-class visit from Will Stevens of Golden Russet Farm
- McKibben, Chapter 2
Wednesday, November 30 – promoting clean technology
- Goodstein, Chapter 18
- “The Big Push for Clean-Energy Innovation in the United States.” Rebecca Henderson and Jonathan Isham. Solutions 1(5): 30 – 32
Friday, December 2 – Fourth problem set due (peer-review)
Monday, December 5 – poverty, population and the environment
- Goodstein, Chapter 20
- McKibben, Chapter 5
Wednesday, December 7 – presentation of projects
Final exam – Sunday, December 18, 9:00 – 12:00 AM, Hillcrest 103 (‘The Orchard’)