BUEC 464 - Environmental Management

★ 3 (fi 6)(EITHER, 3-0-0)

Introduction to the theory and application of environmental economics and its role in management and policy-making. The course will cover development of a model of pollution control, evaluation of policy in this context, the setting of optimal environmental policies, and the application of these policies. Particular policies and practices implemented in North America will be examined. Prerequisite: BUEC 311 or ECON 281.

BUEC 564 - Environmental Management

★ 3 (fi 6)(EITHER, 3-0-0)

The economic theory of externalities is introduced and applied in a discussion of alternative policy instruments such as taxes, tradable permits, and regulatory standards which are used to deal with pollution. Topics include current environmental regulation issues such as climate change, water and air pollution and firm strategy. Extensions include an introduction to cost-benefit analysis and environmental impact assessment tools for project evaluation as well as a discussion of the economics of non-renewable resources. Prerequisite: BUEC 502 or 503. Not open to students with credit in BUEC 562.

BUEC 820 - Business Economics

★ 3 (fi 32)(EITHER, 3-0-0)

Outlining the main schools of economic theory, macroeconomic tools and the effects of macroeconomic policy on business performance; reviewing decision-making processes of individual firms, as well as consumer behavior, price theory, marginal analysis, and forms of competition. Restricted to Executive MBA students only.