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| AGEC 40600 - Nat Res & Envir Econ |
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Associated Term:
Learning Outcomes: 1. Define "social efficiency" and "cost-effectiveness" and discuss each concept's caveats in allocating environmental goods. 2. Identify externalities and understand the government's role in addressing them. 3. Apply basic cost-benefit analysis for environmental decision-making. 4. Understand the process of and justification for valuing environmental amenities. 5. Discuss the economic perspective on environmental sustainability. Required Materials: Technical Requirements: |
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