PART 1: Research Paper (about 10 pages)
Select an environmental problem of interest to you.
15% Discuss the origins and economics dimensions of the problem. For example, what are its history, size, and costs.
20 % Discuss the economic factors and processes that give rise to the problem. Examples might include the nature of the market incentive system, the existence of externalities, and its character as a public good or a common property resource.
Find examples of attempted solutions to the problem utilizing different approaches discussed in the course briefly discuss an advantage and disadvantage of each approach. Consult your text. This part of the paper will help you prepare for the final. Approaches to be sought. :
15% Command and control
15% Incentive based regulation
15% Clean Technology
10% Criminal Law
10%Civil action (Search to see if you can find a law case that addresses the problem)
You will be graded according to how well you fulfill the assignment. Any parts left out will subtract points from your overall grade. Also, you MUST site your sources, including in-text citations and a complete bibliography. Penalties will be given if citations are not complete.
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