UNIVERSITY OF CALIFORNIA, LOS ANGELES

Department of Economics

Economics 134a - ENVIRONMENTAL ECONOMICS
Winter, 2001, Professor Cameron

Request: If you wish to "bookmark" these materials, please bookmark through the ClassWeb access point, so that your "hits" will be noted in the accounting of Social Sciences Computing. I will be uploading revisions and additional details and linked material for this syllabus as the quarter progresses. Complete online course information may be accessed using the "E134 Webpage" link. (Syllabus corrected and amended 01/11/01)

Lectures: T, Th, 2:00 - 3:15; Public Policy 1246
Midterm: Tuesday, February 6, 2:00 - 3:15 (no make-up exam)
Final: Tuesday, March 20, 3-6 pm. (no exceptions, including travel plans)
Instructor's Office: Bunche Hall 9367
Phone: 825-3925 (or leave urgent messages at 825-1011)
e-mail: tcameron@econ.ucla.edu
Office Hours: Mon: 12-2 pm, Th: 12-1 pm. (beginning second week) and by appointment. Caution: These may be altered after the faculty recruiting season ends.
Discussion Board (authenticated): http://www.sscnet.ucla.edu/01W/econ134-1/wwwboard
Announcements: http://www.sscnet.ucla.edu/01W/econ134-1/announce.php

TAs: Jae-Seung Lee, Benjamin Bolitzer
TA Sections (25-minute quizzes will be held in quiz sections in weeks 3,6,8 and 10; scheduling reflects our two Monday holidays this quarter and the fact that the midterm is in 5th week, Tuesday, February 6) (or, direct from Schedule of Classes):
   1A Mon.  3:00- 3:50, BUNCHE 3156 (Bolitzer)
   1B Tues.  10:00- 10:50, BUNCHE 3211 (Lee)
   1C Tues. 1:00-1:50, BUNCHE 3211 (Lee)
   1D Wed.  3:00- 3:50, BUNCHE 3211 (Bolitzer)
You MUST arrange in advance to attend a quiz section other than the one for which you are registered. Since quizzes will be written in section, we cannot risk having too few seats or too few quiz papers to go around. We must also minimize the natural tendency for students to want to put off writing their quiz for a few more days. We cannot handle everybody writing their quiz in the 3:00 pm session on Wednesday, for example. Keep in mind that we will be normalizing the scores for each section so that your performance relative to others who wrote the same quiz will be what matters, not your score relative to people in later sections.
TA Office: Lee: Bunche 9360, Bolitzer: Bunche 2255
TA Office hours: Lee: F 9-11 AM, Bolitzer: M,W, 4-5 PM.
e-mail: Jae-Seung Lee: jaelee@ucla.edu, Ben Bolitzer: benjaminbolitzer@hotmail.com.

Synopsis: Lecture, three hours; TA section, one hour. Requisites: courses 11, 101. Application of economic theory to natural and environmental resources problems. Topics include sustainability and natural resource scarcity, steady-state models for renewable resources (land and water, fisheries, forests), externalities and pollution (including use of incentives for pollution control), and nonrenewable resources (minerals). Emphasis on the major environmental issues and problems facing Californians, especially air, water, and toxic substances. Readings to be assigned from textbook and supplementary course reader; midterm (25%), final exam (50%), Quizzes 15%, Other 10%. Letter grading.

Course Objectives:

  • Gain familiarity with the most important economic models pertaining to issues of allocation and management of natural resources and environmental goods;

  • Learn more about those "externalities" that are not dealt with in much detail in most other courses in Economics;

  • Understand how economists deal with benefit-cost analysis of alternative allocations of environmental goods where markets do not exist;

  • Learn (or review) how to employ the key information databases available for determining the state-of-the-art in this discipline

  • NOTE: There is a substantial on-line component to this course. "Virtual Handouts" will be used to supplement lecture materials (a good deal of this material is for enrichment; absolutely essential supplementary readings will be noted in lectures). Also, access to a number of on-line data bases will be one of the important parts of this course. For these tasks, you will need to be able to access the Web from a UCLA IP address (e.g. via BruinOnline, not AOL or some other provider). Some of the important databases we will need are not accessible outside UCLA's system.

    Review Sessions: will be scheduled for a late afternoon/early evening time slot a few days prior to each exam.


    Textbooks and Other Useful Materials:

    This quarter, the text will be:

    Tietenberg, Tom (2000) Environmental and Natural Resource Economics (5th edition), Reading, MA: Addison Wesley
    Self-scoring Online Practice Quizzes (not for credit, require Netscape browser: http://home.netscape.com/download/index.html)
    Practice Problems
    Detailed Course Outline:
    The course outline provided below represents only an ex ante course plan, to be revised and amended during the quarter as warranted. The Spring 2000 version of the course proved to be a bit too advanced for a "first" course. I have reverted to the text used in Spring 1999, but in a new edition. I am awaiting word from the University concerning approval of a proposed Spring 2001 course, to be called Economics 134b, which will look more like the Spring 2000 course.
    Abbreviated Outline and Readings (additional selected readings may be announced later):
    1. Background:
    2.    
      READINGS: Tietenberg, Ch. 1    

    3. Tools (including net benefits analysis):
    4.    
      READINGS: Tietenberg, Ch. 2,3    

    5. Property Rights and Externalities:
    6.    
      READINGS: Tietenberg, Ch. 4    

    7. Sustainability
    8.    
      READINGS: Tietenberg, Ch. 5

    9. The Allocation of Depletable and Renewable Resources: Overview
    10.    
      READINGS: Tietenberg, Ch. 7

    11. Energy Resources: Oil, Gas, Coal, and Uranium
    12.    
      READINGS: Tietenberg, Ch. 8

    13. Water Resources (quantity issue)
    14.    
      READINGS: Tietenberg, Ch. 10    

      MIDTERM EXAM will cover to this point at most (or to whatever
      we can cover by the end of Lecture 7 on January 30, which is
      one week prior to the exam).

    15. Forests
    16.    
      READINGS: Tietenberg, Ch. 12    

    17. Fisheries
    18.    
      READINGS: Tietenberg, Ch. 13

    19. Economics of Pollution Control: Overview
    20.    
      READINGS: Tietenberg, Ch. 15

    21. Stationary Source Local Air Pollution
    22.    
      READINGS: Tietenberg, Ch. 16    

    23. Regional and Global Air Pollutants: Acid Rain and Atmospheric Modification
    24.    
      READINGS: Tietenberg, Ch. 17    

    25. Mobile-Source Air Pollution
    26.    
      READINGS: Tietenberg, Ch. 18    

    27. Water Pollution
    28.    
      READINGS: Tietenberg, Ch. 19

    29. Toxic Substances
    30.    
      READINGS: Tietenberg, Ch. 20    

    31. Environmental Justice
    32.    
      READINGS: Tietenberg, Ch. 21    

    Course Requirements: There are a total of 300 possible points in the course * "Other" requirements will include an exercise concerning the UCLA Global Policy Survey, a database familiarization exercise (perhaps two) and one or two exercises using EXCEL to explore models of resource exploitation. A book providing examples of the latter has just become available and I need a little more time to craft its ideas into exercises for this course.

    NOTE: the practice quizzes and practice problems are designed to help you anticipate the questions you will encounter in the section quizzes and on the midterm and the final exams. Please be sure to take advantage of these online resources. (Typically, I try to draw about 70% of my exam question from the known inventory of questions represented by these sources.)
    Expected Grade Distribution
    Letter Grade Percentage Points/300
    A+ 95% < grade 286+
    A 90% < grade < 95% 271-285
    A- 85% < grade < 90% 256-270
    B+ 80% < grade < 85% 241-255
    B 75% < grade < 80% 226-240
    B- 70% < grade < 75% 211-225
    C+ 60% < grade < 70% 181-210
    C 50% < grade < 60% 151-180
    C- 40% < grade < 50% 121-150
    D-F grade < 40% <120


    Links to Relevant Organizations
    Links to Relevant Journals

    Updated: 1/11/2001
    Prepared by: Trudy Ann Cameron