Critical Path – Global Environmental Issues

Lecture Date Content Activities Readings

➢ Introduction
1 January 20 Introduction to the Course. ➢ Course Overview Critical Path
Course Outline
➢ Course Logistics

The Role of Economics in Environmental Management (Definition Chapter 1

2 January 27 ➢ Lecture
of Environmental Economics). Module 1 Slides

The Role of Economics in Environmental Management (Circular

Chapter 1
3 February 3 Flow Model and Material Balance Model). Definition of Pollution. ➢ Lecture
Module 2 Slides
Types of Pollution.

Modeling the Market Process: Review of the Basics:

Chapter 2
4 February 10 Characteristics/Assumptions of an Efficient Market. Modeling ➢ Quiz 1
Module 3 Slides
Market Demand ➢ Lecture

5 Modeling the Market Process: Review of the Basics: Modeling

Chapter 2
February 17 Market Supply. Understanding Equilibrium and Adjustments to ➢ Quiz 2
Module 4 Slides
Equilibrium. ➢ Lecture

Modeling the Market Process: Efficiency Criteria: Understanding

Chapter 2
6 February 24 the Concept of Allocative Efficiency. Modeling Consumer Surplus ➢ Quiz 3
Module 5 Slides
and Producer Surplus. ➢ Lecture

Modeling the Market Process: Efficiency Criteria: Measuring Social ➢ Quiz 4

Chapter 2
7 March 3 Welfare. Understanding Why Allocative Efficiency is Important. ➢ Lecture
Module 6 Slides
Understanding the Concept of Technical Efficiency.

Preparation for Mid-term

March 10 No lecture – March Break
Modules 1 - 6

8 March 17 Mid-Term Exam Online test All modules covered 1-6

 Critical Path – Global Environmental Issues

Review of the Mid-Term Exam (general overview). Modeling Chapter 3

9 March 24 ➢ Lecture
Market Failure: Public Good Module 8 Slides

Chapter 3
10 March 31 Modeling Market Failure: Theory of Externalities ➢ Quiz 5
➢ Lecture Module 9 Slides

➢ Quiz 6 Chapter 4
11 April 7 Modelling Solutions to Environmental Problems
➢ Lecture Module 10 Slides

Chapter 4 -5
12 April 14 Conventional & Economic Solutions to Environmental Problems
➢ Lecture Module 11 Slides

➢ Quiz 7
13 April 21 Presentation of Group Assignments Chapters 11 - 21

14 April 28 Final Exam Online test All modules covered 1-11

1. Improving Air Quality: Controlling Mobile Sources

Groups and topics of
2. Improving Air Quality: Controlling Stationary Sources assignments are assigned
3. Global Air Quality: Policy for Ozone Depletion & Climate Change by professor – see
Appendix of Module 1
4. Defining Water Quality: Standard Setting Process presentation slides
5. Improving Water Quality: Controlling Point and Nonpoint Sources
Topics covered by 6. Protecting Safe Drinking Water Chapters 11 - 21
Group Assignments
7. Managing Hazardous Solid Waste and Waste Sites

8. Managing Municipal Solid Waste

9. Controlling Pesticides and Toxic Chemicals

10. Sustainable Development: International Environmental Agreements

and International Trade

11. Sustainable Approaches: Industrial Ecology and Pollution Prevention

 Critical Path – Global Environmental Issues
Grading Schema

Quizzes (7 quizzes; each is 5%, 5 best considered) 25%

Midterm Exam 20%

Group Assignment 15%

Final Exam 40%