This class was created by Brainscape user Kaleb Carlson. Visit their profile to learn more about the creator.
By:
Kaleb Carlson
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Decks in this class (13)
Section 1: Intro
Name the 5 characteristics of eco...,
Environmental economics is concer...,
Ecological economics views the re...
6
cards
Section 2: Sustainability
Which 3 environmental problems ha...,
Name the 4 criteria that are used...,
What is gdp
21
cards
Section 3: Supply and demand
Name the 4 key assumptions of neo...,
Name the 3 key assumptions of neo...,
Define utility and explain how it...
18
cards
Section 4: Equilibrium and efficiency
Total welfare ____ surplus ____ s...,
What is a loss in social welfare ...,
Define pareto efficiency
6
cards
Section 5: Market Failures
Define market failure,
Define externality,
Explain what a negative externali...
13
cards
Section 6: Tradeoff Analysis
Explain what social cost benefit ...,
When discounting which value is h...,
List some limitations of cba
10
cards
Section 7: Valuation Methods
Name at least 3 reasons why we va...,
Is monetization the only type of ...,
Name the 3 types of value in the ...
17
cards
Section 8: Environmental Targets
The marginal damage cost mdc depi...,
Name the 2 ways we measure the qu...,
Why does the mdc slope upwards
13
cards
Section 9: Policy Evaluation
Explain the difference between a ...,
What type of policy has low compu...,
Name the 5 policy evaluation crit...
14
cards
Section 10: Renewable resources
Why is it difficult to manage a f...,
Explain the concept of maximum su...,
Based on the growth curve what ha...
12
cards
Section 11: Non-renewable resources
Define a non renewable exhaustibl...,
What is the difference between mi...,
Define ultimately recoverable res...
19
cards
Section 12: Trade and Environment
Define free trade,
Define protectionism,
Define globalization
16
cards
Section 13: Sustainable Transportation
What are the 2 market failures in...,
What are the three legs of the st...,
How can we reduce ghg emissions f...
11
cards
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REM321
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