Professor: Dr. Corey Lang
Prerequisites: EEC 105, ECN 201 or permission of instructor
Catalog Description: This course will apply core economic concepts to the monumental issue of climate change.
This course will apply core economic concepts to the monumental issue of climate change. We will first seek to understand the economic explanation for how the problem arose. We will then closely examine the types of policy solutions that economics offers. Past and current environmental regulation will inform our analysis; however, global climate change is unique in many respects. For example, because of the international disparities in greenhouse gas emissions and projected impacts, the debate over responses to climate change is deeply intertwined with issues of distribution and equity. This course will take time to understand these issues and evaluate policies in light of them.
Dr. Lang's main research examines the value that people place on environmental amenities. Using data from the housing market, he examines the location choices that households make and the prices they are willing to pay to enjoy (or avoid) certain amenities. Additionally, Dr. Lang has research interests in spatial economics and climate change, and he frequently employs econometrics and GIS in his research.
This course represents a concentration elective and deals with probably one of the most debated environmental issues humanity is currently faced with.