Department of Economics, UCL

MSc in Environmental and Resource Economics

EPE  Economic Principles and the Environment

Professor Stephen Smith  

Course home page

.pdf files

 

Course document

including syllabus, reading list, and examination information

Handout Lecture 1

Lecture 2:  Introduction: market failure and externalities

Handout Lecture 2

Lecture 3:  Optimal pollution abatement and the Coase Theorem

Handout Lecture 3

Lecture 4:  Public goods: Information and preference revelation

Handout Lecture 4

Lecture 5:  Market Mechanisms versus Command and Control

Handout Lecture 5

Lecture 6:  Uncertainty and Instrument Choice

Handout Lecture 6

Lecture 7:  The Pigouvian Tax: Further topics

Handout Lecture 7 Lecture 8:  Regulatory Compliance and Enforcement
Handout Lecture 8 Lecture 8:  Hazards

Handout Lecture 9

Lecture 9:  Inter-jurisdictional issues