ECO 332 01 - Resource and Environmental Economics

About This Course

For an overview of the course, please see the Syllabus page.

Activities

Handouts list view Handouts card view

Weeks 10-12

Title Description File type
08-09 Problems - sustainability

Answer key

 		.xlsx
10 Nonrenewable & renewable resources & ecosystem .pptx
.pptx
11 Consumption and welfare - with notes.pptx

Updated 4/10 with a few more photos and notes.

 		.pptx
12 Political economy of environmental regulation 1 of 2 - with notes
.pptx
12 Political economy of environmental regulation 2 of 2 - with notes
.pptx
13 Overview of environmental legislation 1 of 2 - with notes
.pptx
13 Overview of environmental legislation 2 of 2 - with notes
.pptx
14 Regulatory record - with notes 1 of 2
.pptx
14 Regulatory record - with notes 2 of 2
.pptx
13-14 Waukesha County LRD overview 3-5-18

Slides from presentation by environmental engineer Leif Hauge of the Waukesha County Land Resources Division. On Thurs. 4/23/20, the Zoom recording was finally available and a link to it is posted under Bookmarks.

 		.pdf
13-14 Rock River_large_map

Additional image used in Leif Hauge's presentation.

 		.pdf

Weeks 7-9

Title Description File type
05 Wooldridge Introduction to Econometrics data manual.docx

Background information on the data sets with which hedonic regression models can be estimated.

 		.docx
05 Wooldridge chapter 6 hedonic regression demo commands.do.txt

The Stata software required to use these commands for hedonic regression is installed in the TW 318 computer lab.

 		.txt
05 Wooldridge HPRICE2.DTA

One of two sample data sets with which hedonic regression models can be estimated with the commands stored separately.

 		.DTA
05 Wooldridge HPRICE3.DTA

One of two sample data sets with which hedonic regression models can be estimated with the commands stored separately.

 		.DTA
05 Wooldridge chapter 6 hedonic regression demo results (partial).txt
.txt
06 Measuring costs of environmental protection.pptx
.pptx
07 Safety.pptx

The first five minutes of the first Australian Broadcasting Corporation video report are the most important, though after 11 minutes into it, international trade issues are also addressed.

In the case of the Detroit incinerator, following the link to YouTube will open the first of three 5-minute segments of a Detroit Free Press video report. Watch at least the first, and preferably all three.

For the Baltimore incinerator, the key parts are the two embedded videos, at the top and in the middle.

 		.pptx
07 Discussion prep - safety, e-waste recycling & incineration
.docx
08 Announcement - more details of long-term and week 9 plans
.pdf
08 Sustainability concepts - with notes.pptx

As of 4/5/2020, these include the notes pages. The notes include a few details not necessarily stated in the recorded lecture. Read up to slide 16 with the recorded lecture before doing "08 Exercise - sustainability & NPV"

 		.pptx
08 Exercise - sustainability & NPV

Do this after reading/watching the "08 Sustainability concepts" lecture, and before reviewing with the master Google Sheet and recording.

 		.docx
08 Exercise - sustainability & NPV marked up
.pdf
09 Sustainability measurement.pptx
.pptx
09 Thomas Malthus - Exponential and Arithmetic Growth.xlsx
.xlsx
09 Sustainability measurement lecture - 3 of 3
.mp4

Weeks 4-6

Weeks 1-3

Documents posted under Activities will be divided into sets for each group of three weeks of the semester and their names will usually begin with the related chapter ##(s) of G&P.
Title Description File type
00 Perspectives.pptx
.pptx
01 Global warming - with questions.pptx
.pptx
01 Questions about environmental issues.pptx

Some questions I came up with earlier that complement our discussion in class 1/21-23/2020.

 		.pptx
01 Discussion prep - global warming
.docx
02 Utility and social welfare functions.xlsx

For a better visualization of constant utility (indifference) curves, specifically from the Cobb-Douglass utility function, see http://www2.hawaii.edu/~fuleky/anatomy/anatomy.html.

 		.xlsx
02 Exercise - social welfare & normative standards.docx

Printed copies will be provided in class.

 		.docx
02 Ethics and environmental economics - part 1.pptx
.pptx
02 Ethics and environmental economics - part 2.pptx
.pptx
02-03-04 directions for upcoming classes
.pdf
03 Externalities - part 1
.pptx
03 Externalities - part 2
.pptx

Other Handouts

There are no Handouts for this set.

Bookmarks

Bookmarks list view Bookmarks card view

Google Classroom

Title Description
08- Our Google Classroom

For your convenience in getting to it after looking up other materials here.

Weeks 13-14

Weeks 10-12

Title Description
10 04-09 optional live class discussion (recording)

We mainly went back over NPV calculations and their interpretations.
11 Consumption & welfare lecture (recording)
11 04-14 optional live class discussion (recording)

Mainly Q&A about upcoming assignments, game theory of competitive consumption from chap. 11 & lecture.
12 Political economy lecture (recording) 1 of 2
12 Political economy lecture (recording) 2 of 2
13 Toxics Release Inventory example - Green Bay
13 Environmental legislation lecture (recording) 1 of 2
13 Environmental legislation lecture (recording) 2 of 2
14 Regulatory record lecture (recording) 1 of 2
14 Regulatory record lecture (recording) 2 of 2
13-14 Waukesha County water quality regulation (recording)

Talk by & Q&A with Leif Hauge, environmental engineer with Waukesha County's Land Resources Division. He separately recommended that those interested in related internships and eventual long-term jobs look at https://wisconsinlandwater.org/member-resources/jobs.

Weeks 7-9

Title Description
07 Global fishing watch map

This came up on 3/3/20 in relation to the enforceability of marine protected areas.
07 Deep-sea mining - IUCN

This came up on 3/3/20 in relation to marine protected areas and the various kinds of damage -- from mining as well as fishing -- that they can prevent. A similar source, http://www.savethehighseas.org/deep-sea-mining/making-a-change/, more specifically advocates for protected areas to contain such damage.
04 Rush Lake - prairie pothole near Ripon

The Wisconsin DNR's page about its restoration project. The exam 1 article, https://www.nytimes.com/2020/01/22/climate/trump-environment-water.html, shows similar water bodies. Also related to an exam question is a page (http://www.oregonloggers.org/Forest_Logging_Machines.aspx) about logging machines.
07 International agreements on hazardous waste movement

US EPA. Follow up on 07 Discussion prep - safety ...
08 03-30 optional live online discussion recording
08 04-02 Optional live discussion (recording)
09 Plastic recycling & pollution

Rolling Stone feature article, 30 pp. A case study we'll address in connection with sustainability or policy.
08 Sustainability concepts lecture - 1 of 2
08-09 Sustainability Google Sheets
08 Exercise - sustainability - NPV recording
08 Exercise - sustainability & NPV
08 Sustainability concepts lecture - 2 of 2
09 Sustainability measurement lecture - 1 of 3
09 Sustainability measurement lecture - 2 of 3
09 Sustainability measurement - NNW Google Sheet (recording)

Weeks 4-6

Title Description
04 Ronald Coase's Nobel prize address

Read Coase’s comments on “The problem of social cost," the source of the Coase "Theorem." They start more than halfway through. Other parts of his work that he addresses here are less relevant to our course. This is also linked to Efficiency lecture slide 10, which you'll see released on Wed. 2/14.

By the way, Oliver Williamson, another Nobel Laureate mentioned by Coase, studied at Ripon College in the 1950s. His Nobel lecture (not focused on environmental applications of transaction cost economics) is at https://www.nobelprize.org/prizes/economic-sciences/2009/williamson/lecture/. 
05 Sample lower Fox River fish advisory

Shown in class Tues., 2/25/20.

Weeks 1-3

Title Description
01 Updated atmospheric CO2 data graphs - recent

US NOAA. Shown 1/23/20.
01 Updated atmospheric CO2 data graph - long past

US NASA
01 Updated data on locations of CO2 sources

US NOAA. See the graphs and maps.
01 2017 Oshkosh temperatures vs. historical data

NY Times. Shown 1/23/20.
01 Visual guide to Australian bushfires

BBC. Temperature graph shown 1/23/20.
01 Map of NY City flooding by Hurricane Sandy

Shown 1/28/20.
01 Predicted flooding of major coastal cities w/ global warming

NY Times. With maps shown 1/28/20.
01 Economic effects of global warming

InsideClimateNews, apparently excerpted from https://nca2018.globalchange.gov/. See the second graphic for a summary of types of effects, and the first graphic for a summary of causes.

See also https://www.pnas.org/content/116/20/9808 for an article on inequitable global distribution of effects and a summary graphic with examples. 
01 Australia's recent prime minister comments on fires

Time
01 Greta Thunberg's speech at the UN Climate Summit

The video will start playing when a reporter is asking the question that preceded her 5-minute speech. The rest of the speech explains some of the connections asked about in the question.
01 Costs of reducing greenhouse gasses
02 Nordhaus's 2018 Nobel prize banquet remarks

5-minute excerpt
02 Economists' statement on climate change

For 1/28/20.
01 A major petroleum company responding to climate change concerns

Time.

Similarly, https://www.nytimes.com/2019/11/06/opinion/climate-change-walmart-paris.html. 
02 Algebra textbook for review as needed

We started to use simple tools of algebra with utility and social welfare functions. This online book can help your review them as needed. We will use a few more of those tools with other models as well.
02 Microeconomics textbook for review

Several chapters are directly relevant to our focus, and many indirectly.
03 Fossil fuel external cost estimate

Comparing Greta Thunberg's understanding to comments of the U.S. Treasury secretary at Davos.

Guidelines and Assessment

Sample assignments & exam

This may not reflect some of the more minor recent changes in APA style rules. Check the style manuals for those details.

(.docx, 19K)
Download Sample annotated list of references in APA style

The outline is more complete and polished than your draft needs to be. As the comments indicate, the "thesis statement" is really just a list of arguments, not a statement of their unifying theme, and needs a lot of work. The list of references is not needed at the draft outline stage of your project.

(.docx, 21K)
Download Sample project outline with thesis statement, and list of references.docx

This sample past exam is meant to illustrate the format of this year's exams, not the details of their content, which could vary substantially from past years'.

(.docx, 39K)
Download Exam 1 Spring 2014

Calendar

Blog

Announcements

You have no incoming announcements.
Show All Announcements