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EBF 200
Introduction to Energy and Earth Sciences Economics

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Lesson 7 - Externalities and Environmental Economics

Lesson 7 Overview
Externalities
Dealing With Externalities
A Tale of Two Roommates
A Market Approach to Dealing with Externalities
Summary and Final Tasks

‹ Summary and Final Tasks up Lesson 7 Overview ›

EBF 200: Introduction to Energy and Earth Sciences Economics

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Lessons

Lesson 1 - Thinking About Economics
Lesson 2 - Markets: Demand
Lesson 3 - Markets: Supply
Lesson 4 - Market Dynamics
Lesson 5 - Market Power
Lesson 6 - Other Market Failures
Lesson 7 - Externalities and Environmental Economics
Lesson 8 - Public Goods and Government Failure
Lesson 9 - Government Intervention
Lesson 10 - Topical Issues, Part 1: Climate Change and Carbon Policy
Lesson 11 - Topical Issues, Part 2: Resource Scarcity and Energy Security
Lesson 12 - Topical Issues, Part 3: Changes in the Electricity Business

Authors: Barry Posner, Consultant, Department of Meteorology, and Farid Tayari, Assistant Teaching Professor of Energy Business and Finance, Department of Energy and Mineral Engineering, College of Earth and Mineral Sciences, The Pennsylvania State University.

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