Course

Environmental and Resource Economics

Description: 

The course focuses on the application of economic principles to help understand and manage the relationship between humans and the environment. The course illustrates how resources are allocated in a market economy, potential problems from a social perspective with that allocation and alternative solutions for reallocating resources to achieve more socially desirable outcomes. Issues such as efficiency and externality, benefit – cost analysis and alternative policy instruments for pollution control are examined. Topics related to global warming, Ghanaian water resources, and other current environmental policy issues will be discussed.