MAF/EEC 435/535, Environmental Economics

Required for : MMA, MA, PhD

Typical Semester : Spring

Typically Taught By : Emi Uchida

EEC435 3 credits | EEC535 4 credits

euchida@uri.edu

Office Hours: Thursdays after class or by appointment

Course Website: Brightspace

Prerequisites

EEC535: EEC528 or equivalent, or by permission by the instructor

EEC435: No prerequisites; Junior or Senior standing for non-ENRE undergraduate students;

Graduate-level standing for non-ENRE graduate students; not open to ENRE undergraduate

majors; or by permission by the instructor.

Course Description

EEC435/535 introduces the tools of environmental economics for analyzing and addressing environmental challenges. Students learn to apply economic reasoning to evaluate environmental problems and assess policy instruments. The course is structured into two broad parts:

Part 1. Economic Frameworks: Property rights, externalities, decision metrics, and policy instruments.

Part 2. Non-Market Valuation: Revealed and stated preference methods, benefit transfer.

We will apply the theories and empirical methods to a variety of environmental problems: climate change, ecosystem services, water quality, biodiversity, and renewable energy.

Student Learning Outcomes

All students (EEC435 & EEC535):

– Frame, analyze, and discuss environmental problems in economic terms.

– Explain non-market valuation tools and their uses.

– Apply economic theory and evidence to evaluate environmental policies.

Additional outcomes for EEC535:

– Analyze environmental problems and policies through formal mathematical models.

– Apply econometric methods to real or simulated data.

– Critically assess peer-reviewed empirical research.

– Develop a research proposal applying the theoretical concepts and empirical methods to their own research.