Econ 231
Environmental Economics and Policy

Professor Sarah West
Department of Economics
Macalester College
Office: Carnegie 310G



Syllabus, Guidelines, Other

Article Summary Guidelines
Policy Brief Guidelines

Weekly Planner
Academic Integrity


Exam 1 Sample A

Exam 1 Sample B


Sample Final Exam



Homework 1
Homework 1 solutions

Homework 2
Homework 2 solutions

Homework 3
Homework 3 solutions

Homework 4
Homework 4 solutions
Homework 4 spreadsheet

Homework 5
Homework 5 solutions

Homework 6
Homework 6 solutions



NOTE: Some of these readings must be downloaded from a Macalester College networked computer, as they are accessible only by subscription.

September 6:
“Building a Green Economy”

September 11:
“Tragedy of the Commons”

September 20:
“Sustainability: An Economist’s Perspective”

September 25:
“Greenhouse Gas Regulation Under the Clean Air Act: A Guide for Economists”

September 27:
“Market-Based Policy Options to Control U.S. Greenhouse Gas Emissions”

October 2:
Uncertainty Notes

October 4:
“It’s Immoral to Buy the Right to Pollute (with replies)”

October 11:
"The Effect of Open Space on Single-family, Residential Home Property Values"

October 16:
“The Private and Public Economics of Renewable Electricity Generation”

October 30:
“The Benefits and Costs of the Clean Air Act 1990 to 2010” (EPA Report to Congress)”
“Final Hiawatha Corridor LRT Benefit Cost Analysis”

November 6
"The 1990 Clean Air Act Amendments: Who Got Cleaner Air, and Who Paid for It?

November 8:
“Effects of Socio-Economic and Input-Related Factors on Polluting Plants’ Location Decisions”

November 13:
"The Environmental Kuznets Curve: A Primer"

November 15:
“Offshoring Pollution: Is the United States Increasingly Importing Polluting Goods?”

November 20:
“Conflicts and Choices in Biodiversity Preservation”

November 27:
“Economic Aspects of Global Warming in a post-Copenhagen Environment”
Nordhaus’ Presentation Slides

November 29:
“The Stern Review Report on the Economics of Climate Change: Executive Summary”
“Is the Stern Review Economic Analysis?”
November 29 Recommended:
“The Stern Review Report on the Economics of Climate Change, Chapter 6: Economic Modeling of Climate Change Impacts”
In case you are interested:
The Complete Stern Review

December 4:
“The Stern Review of the Economics of Climate Change”
(review by Martin Weitzman)

December 6:
“The Economics of Tail Events with an Application to Climate Change”

“Fat-tailed Uncertainty in the Economics of Climate Change”

December 11:
“Building a Green Economy”