Mar 28, 2024  
2022-2023 Westminster College Catalog 
    
2022-2023 Westminster College Catalog [ARCHIVED CATALOG]

ECO 151 - Environmental Economics and Sustainability

Semester Hours: 4

ECO 151 is a sister course to ECO 150  Economic Reasoning. Like ECO 150, it is intended to be an introduction to economic analysis. However, ECO 151 has the goal of having students utilize economic reasoning to analyze and create solutions for environmental issues in our society. In this course, students will use economic analysis to understand the impact of using natural resources efficiently and the impact on our world when they are not. The laws of supply and demand will be applied to policy decisions that aim to mitigate the impact of pollution and other negative externalities on people, the environment, and the economy. Students will examine the role that government has in managing environmental problems and study corporate sustainability models being used to benefit the environment and improve the long-term value of the business. Finally, students will apply their learning of environmental economics by performing research on possible economic solutions to an environmental issue.

Intellectual Perspective: ST