­­­­ECON 2675 – ENVIRONMENTAL ECONOMICS

All readings should be completed prior to lecture)

 

Syllabus  (PDF)               Grading Scale               Websites               Additional Articles   

 

DATES

TOPICS

READINGS AND ASSIGNMENTS

Week 1

 

August

 

24, 26

Visions for

the Future

Text: (TL)Reading: Chapters 1 and 2

 

Chapter 1 Lecture - Chapter 1 Lecture - Visions of the Future  (PPT)

 

Chapter 2 Lecture - The Economic Approach: Property Rights, Externalities, and Environmental Problems  (PPT)

 

Required Readings: A Great Civilization Brought Low by Climate Change (and, no, it’s not us)     How Do Economists Really Think About the Environment  

 

Websites: EcoMENA   UN Environmental  Programme

 

Videos: Gaia Hypothesis (Theory)     Malthus, Population Growth and the Resource Base     Qatar: Nature and development at a crossroads

Week 2

 

August 31

 

September 2

The Economic Approach: Property Rights, Externalities, and Environmental Problems

 

Evaluating Trade-Offs: Benefit-Cost Analysis and Other Decision-Making Metrics

Text: (TL) Reading: Chapters 2 and 3

 

Chapter 2 Lecture - The Economic Approach: Property Rights, Externalities, and Environmental Problems  (PPT)

 

Chapter 3 Lecture - Evaluating Trade-Offs: Benefit-Cost Analysis and Other Decision-Making Metrics  (PPT)

 

Required Readings: Ronald Coase and the Misuse of Economics     Should We Tax People for Being Annoying?

 

Additional Reading: Notes on Externalities     Growing number of countries consider making ecocide a crime

 

Websites: Environmental Performance Index     OECD Environment at a Glance Indicators   

 

Videos: Environmental Econ: Crash Course Economics     The Coase Theorem Explained     The Tragedy of the Commons

 

Problems: Chapters 1 and 2

 

Assignment 1 (Due September 16) – Looking at your home country, a country you most associate with, or a country in which you have an interest, prepare an 8 to 10 page PowerPoint presentation (which you will present in class) describing what you (and others for that matter) perceive to be the country’s most serious environmental concern (other than climate change). Be sure to describe the issue in detail and provide a summary of how the problem is currently being addressed (if it is at all). Be sure to cite at least five (5) references. 

Week 3

 

September

 

7, 9

Evaluating Trade-Offs: Benefit-Cost Analysis and Other Decision-Making Metrics Continued

 

Valuing the Environment: Methods

 

Text: (TL) Reading: Chapters 3 and 4

 

Chapter 3 Lecture - Evaluating Trade-Offs: Benefit-Cost Analysis and Other Decision-Making Metrics  (PPT)

 

Chapter 4 Lecture – Valuing the Environment: Methods  (PPT)

 

Handout-The Equimarginal Principle of Cost Effectiveness

 

Required Readings: Cost Benefit Analysis of a Net-Zero Energy Housing in Qatar    

 

Additional Reading: Environmental Impacts of Food Production     How to Perform a Cost Benefit Analysis

 

Videos: Intro to Cost-Benefit Analysis (Conservation Strategy Fund Series)

Week 4

 

 September

 

14, 16

Valuing the Environment: Methods Continued

 

Dynamic Efficiency and Sustainable Development

Text: (TL) Reading: Chapters 4 and 5

 

Chapter 4 Lecture – Valuing the Environment: Methods  (PPT)

 

Chapter 5 Lecture- Dynamic Efficiency and Sustainable Development   (PPT)

 

Required Readings: Hedonic Pricing Method    The Cost of a Human Life, Statistically Speaking

 

Videos: Economics: How to Calculate the Value of Life     Valuation of Ecosystem Services: Intro to Valuation     Valuation of Ecosystem Services: Contingent Valuation     Valuation of Ecosystem Services: Travel Cost Method     Our Sustainability Challenges. The why, the what and the how     

Weeks 5 and 6

 

September

 

21,23, 28,30

Presentations

 

Week 7

 

October

 

5, 7

Depletable Resource Allocation: The Role of Longer Time Horizons, Substitutes, and Extraction Cost

 

Energy: The Transition from Depletable to Renewable Resources

Text: (TL) Reading: Chapters 6 and 7

 

Chapter 6 Lecture - Depletable Resource Allocation: The Role of Longer Time Horizons, Substitutes, and Extraction Cost  (PPT)

 

Chapter 7 Lecture - Energy: The Transition from Depletable to Renewable Resources  (PPT)

 

Websites: Our World in Data     

 

Videos: Economics of Sustainability     What is Sustainable Development?     Videos: Animation of Hydraulic Fracturing – One View     Fracking 101: Why Fracked Gas is Dirty and Dangerous (Another View)

 

Midterm Exam Assigned - Due Date: October 28

Week 8, Sunday, October 12, 2025 – Thursday, October 16, 2025

Fall Break, No Classes

Week 9

 

October

 

19, 21

Recyclable Resources: Minerals, Paper, Bottles, and E-waste

 

Water: A Confluence of Renewable and Depletable Resources 

 

Text: (TL) Reading: Chapters 8 and 9     (PPT)

 

Chapter 8 Lecture - Recyclable Resources: Minerals, Paper, Bottles, and E-waste   (PPT)

 

Chapter 9 Lecture - Water: A Confluence of Renewable and Depletable Resources   (PPT)

Required Readings: How Big Oil Misled The Public Into Believing Plastic Would Be Recycled     The Truth Behind Trash: The scale and impact of the international trade in plastic waste     Heinz rolls out newly designed ketchup bottle that could set new standard for packaging: We can't continue to do things as we have in the past      Environmental Problems of Modern Cities      Water Statistics in the State of Qatar

Websites: UN-Water     Water.org    

Videos: Are Future Water Wars Inevitable?    Journey 2050: Water     World's Largest $62BN Artificial River Network: China’s South to North Water Diversion Project

WEEK 10

 

 

October

 

26, 28

A Locationally Fixed, Multipurpose Resource: Land  

 

Common-Pool Resources: Commercially Valuable Fisheries

Text: (TL) Reading: Chapters 10 and 12

Chapter 10 Lecture - A Locationally Fixed, Multipurpose Resource: Land   (PPT)

 

Chapter 12 Lecture - Common-Pool Resources: Commercially Valuable Fisheries   (PPT)

 

This chapter will rely heavily on the following videos. Please make sure to watch!

 

Videos: Fishing (Sustainable Yield)     Fisheries Economics & Policy: Maximum Economic Yield     The Simple Economics of an Open-Access Fishery

Assignment 2 (Due November 18) – Construct a 10 to 15-minute slide presentation on how to address a specific environmental problem that is of most concern to you. (You may do this in a group of two or three). However, you need to narrow your topic and use sound economic principles. You will be asked to present in class. We will discuss more about what is expected in class.

WEEK 11

 

November

 

2, 4

Ecosystem Goods and Services: Nature’s Threatened Bounty

 

Economics of Pollution Control:

An Overview    

Text: (TL) Reading: Chapters 13 and 14

 

Chapter 13 Lecture - Ecosystem Goods and Services: Nature’s Threatened Bounty   (PPT)

 

Chapter 14 Lecture - Economics of Pollution Control: An Overview   (PPT)

 

Required Reading: Ecotourism: Pros and Cons

  

Videos: Can Eco-tourism Help Save the Ocean?     Valuation of Ecosystem Services: Classes of Values

WEEK 12

 

November

 

9, 11

Stationary-Source Local and Regional Air Pollution

 

Mobile-Source Air Pollution

 

Text: (TL) Reading: Chapters 15 and 16

 

Chapter 15 Lecture - Stationary-Source Local and Regional Air Pollution   (PPT)

 

Chapter 16 Lecture - Mobile-Source Air Pollution   (PPT)

 

Required Reading: Carbon Tax - Pros and Cons     What is Carbon Offsetting?     Qatar Airways Launches Voluntary Carbon Offset Programme for Passengers

 

Videos: Carbon Offsets     The Love Canal Disaster: Toxic Waste in the Neighborhood     The Japanese Town That Was Poisoned   Congestion Pricing: How and Why It Works

WEEK 14

 

November

 

16, 18

Climate Change

 

Presentations

 

Text: (TL) Reading: Chapters 16 and 17

 

Chapter 17 Lecture - Climate Change   (PPT)

 

Required Reading: Volkswagen: The Scandal Explained

 

Websites: Transport and Environment

 

Videos: Are Electric Cars Really More Environmentally Friendly?    The Contradictions of Battery Operated Vehicles   What's Behind Extreme Air Pollution in India

November 20 - Last Day to Withdraw from Courses with grade of W

WEEK 15

 

November

 

23, 25(no class) 

Presentations

 

Climate Change Cont’d

Text: (TL) Reading: Chapters 17 and 18

 

Chapter 17 Lecture - Climate Change   (PPT)

 

Required Readings: Climate Change 2007:Synthesis Report Summary for Policymakers    

 

Additional Readings: An Earth System Model Shows Self-Sustained Melting of Permafrost Even if All Man-Made GHG Emissions Stop in 2020    Revising the Cost of Climate Change

 

Websites: The Intergovernmental Panel on Climate Change

 

Videos: Science Works: Protecting The Ozone Layer 

WEEK 16

 

November 30

 

December 2

Water Pollution

Environmental Justice

Text: (TL) Reading: Chapters 18 and 19    Chapters 20 and 21 (Read on your own)

 

Chapter 18 Lecture – Water Pollution   (PPT)

Chapter 19 Lecture - Toxic Substances and Environmental Justice   (PPT)

Chapters20and21Lecture-TheQuestforSustainableDevelopmentVisionsoftheFutureRevisited   (PPT)

Required Reading: Marine and Ocean Pollution Statistics and Facts 2025     Water Pollution: Everything You Need to Know    Black people over 65 far more likely to die from pollution-related disease than white seniors  

Websites: The Balance - Water Pollution Effects, Causes, and Solutions    

Videos: The Plastic Problem - A PBS NewsHour Documentary     What is WATER POLLUTION?

Exam Day

 

TBD

Final Exam