Time Schedule:
Joseph H Cook
PB AF 595
Seattle Campus
Examines various topics of public importance in environmental policy and management. Integrates the political, managerial, and economic dimensions of these issues.
Class description
TOPIC: WATER RESOURCE ECONOMICS - This course will explore the economics of water resources. Students will gain familiarity with economic concepts such as static and dynamic efficiency, opportunity costs, and discounting as applied to water resources. We will discuss water pricing (including both municipal and irrigation), and cover techniques for measuring water demand. Although the course will primarily cover topics concerned with water quantity, we will briefly discuss some analytical approaches and tools regarding water quality and pollution control (students interested in these topics are encouraged to take PBAF 587 in the Winter quarter). Examples used in class will be drawn primarily from the Western US, with some applications from less-developed countries. We will also briefly explore how climate change is expected to alter the availability of water resources, and how economic approaches might be used to mitigate these effects.
Student learning goals
General method of instruction
Recommended preparation
Class assignments and grading
