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Economics of Natural Resources and the Environment (EC3530)

This class was created by Brainscape user John MacRae. Visit their profile to learn more about the creator.

By: John MacRae
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Decks in this class (15)

(SL1) Pollution & Economic Growth
Environmental kuznets curve draw 1,
Economic growth results in 2,
Early stages of development envir...
30  cards
(SL2) Pollution Control Policies
Blank 1
1  cards
(SL3) Deforestation
0  cards
(SL4) Cost-Benefit Analysis
0  cards
TK1 Economic Efficiency and Environmental Protection
Willingness to pay 1,
Total abatement cost function 2,
Total abatement benefit function 3
8  cards
TK2 The Efficiency of Markets
Consumer surplus 1,
Producer surplus 2,
Willingness to pay wtp 3
5  cards
TK3 Market Failures in the Environmental Realm
Positive externality 1,
Negative externality 2,
Externalities graph 3
13  cards
TK4 Criteria for Evaluating Environmental Policies
Criteria for evaluating environme...,
Efficiency 2,
Cost effectiveness 3
8  cards
TK5 Policy Instruments for Pollution Control (I)
The coase theorem 1,
Necessary conditions for the coas...,
Overview of policy instruments 3
14  cards
TK6 Policy Instruments for Pollution Control (II)
Environmental taxes 1,
Pigouvian tax definition 2,
Environmental subsidies 3
8  cards
TK7 Policy Instruments for Pollution Control (III)
Tradable permits cap and trade 1,
Permit market 2,
Tradable permits important observ...
18  cards
TK8 Environmental Valuation (I)
Environmental goods 1,
Marginal wtp 2,
Marginal wta 3
16  cards
TK9 Environmental Valuation (II)
Methods of environmental valuation 1,
Stated preference approach contin...,
Revealed preference approach 3
7  cards
TK10 Environmental Valuation (III)
What is hedonic price theory 1,
How does hedonic pricing work 2,
Example of hedonic pricing 3
5  cards
SL5 Climate change
Blank 1,
Blank 2,
Blank 3
3  cards

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Economics of Natural Resources and the Environment (EC3530)

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