ESS508 ENVIRONMENTAL ECONOMICS
Course Code: |
8740508 |
METU Credit (Theoretical-Laboratory hours/week): |
3(3-0) |
ECTS Credit: |
8.0 |
Department: |
Earth System Science |
Language of Instruction: |
English |
Level of Study: |
Graduate |
Course Coordinator: |
Lecturer Dr. BORA KAT |
Offered Semester: |
Fall or Spring Semesters. |
Course Content
Consumption, production and cost. Competitive markets and welfare. Equilibrium and efficiency under different market structures. Market failure and the Coase theorem. Cost benefits analysis in imperfect markets. Natural and renewable resource economics. Policy alternatives to address environmental issues.