The course will be taught in an interdisciplinary fashion addressing the institutional, economic, and legal issues related to natural resource allocation. The course will begin with a conceptual overview of key issues and trace the evolution of natural resource policy development. The primary focus will be on the U.S. experience followed by an examination of global resource issues and policy development. Particular attention will be given to options and tools for affecting resource allocation and environmental quality. Specific policy issues addressed will include water resources, air pollution, waste management, energy and climate change. These issues will be discussed, and policy prescriptions to deal with these issues will be examined. Students will select an individual topic area and prepare a background paper. That paper will examine the relevant issues and current policy and provide a policy framework and viable policy recommendations.




David W. Pearce and R. Kerry Turner. Economics of Natural Resources and the Environment. Baltimore: The Johns Hopkins University Press, 1990.

Paul R. Portney and Robert N. Stavins. eds. Public Policies for Environmental Protection. Washington, DC: Resources for the Future, 2000.

Stephen H. Schneider, et al. eds. Climate Change Policy: A Survey. Washington, D.C.: Island Press, 2002.

Thomas Prugh. Natural Capital and Human Economic Survival. Solomans. MD: International Society for Ecological Economics, 1995.

Thomas Sterner. Policy Instruments for Environmental and Natural Resource Management. Washington, DC: Resources for the Future, 2003.

Tom Tietenberg. Environmental Economics and Policy. New York: Harper Collins College Publishers, 1994.

Vaclav Smil. Energy at the Crossroads. Cambridge: MIT Press, 2003.

William J. Baumol & Wallace E. Oates. The Theory of Environmental Policy. Cambridge, UK: Cambridge University Press, 1988.

Zachary A. Smith. The Environmental Policy Paradox. Upper Saddle River, NJ: Prentice-Hall, Inc., 2000.


Benchmarking: Clemson University


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