Nvironmental Economic, What is the theory of Coase and has it any bearing on policies for the control of environmental pollution?
** main points:
1) polies tfor controlling pollution by taxes, permits, proscriphons or whaever.
2) 3 riding
3) ECONOMIC assumption: cost of pollution are linear dependent on overall quantity of pollution.
Transferable pollution permit.
This course aims to highlight some of the major environmental problems that are besetting the world today. It attempts to analyse these problems from a scientific point of view as well as from an economic point of view.
Economists need to be aware of the scientific analyses of environmental problems. The course aims to show how such an awareness is a precondition of rational economic decision making in respect of environmental issues.
You can also provide the graph , if you need, many thanks
Please make sure that the essay is not copy from the website , because of the teacher is going to use the plagiarism software to check it before he mark the paper, many thanks