Advanced Topics in Environmental EconomicsInternet Project. This assignment involves creating material (one implementation case study) to be put on the sustainable development home page created here at Colby for the World Wide Web. Using a prescribed format (I will supply a template) those who select the option will write a brief, but revealing report on the application of the principles of sustainable development and conventional economic analysis to one particular environmental problem (air pollution, fisheries, agriculture, energy, deforestation, etc.) in a specific geographical and cultural setting. Do not choose studies that simulate what might happen if the policies or circumstances were changed and do not choose a topic that covered by previous classes and, hence, already loaded onto the class web site. These internet studies are designed to reveal actual, not hypothetical or possible outcomes.Having selected a specific case, the author will review (and write a short executive summary report on) the evidence that is available on that subject. (Examples of previous reports can be found on the worldwide web at http://www.colby.edu/~thtieten/sustain.html.) Each report will attempt to condense down to no more than two pages the major conclusions to be taken away from that case study. (These are to take the form of extended Boxed Inserts in a typical text). The objective is to make available to worldwide audience brief, but revealing, summaries of the application of economic principles to sustainable development. (If you pique web readers’ interest, they can get the details from the cited articles on which these summaries are based.) The internet reports should be forwarded to me as an attachment via email. I will load them on the web. Your internet report can be in the same topic area as your concept paper, but it cannot duplicate any class presentation.Other World Wide Web Sites of InterestPart I. The BasicsSessions #3 Measuring SustainabilitySession #4 Individual Research ConferencesSession #5 Environmental Valuation: Concepts, Methods and ApplicationsTuesday, February 21Session #6 First Two Environmental Valuation Case StudiesSession #7 Second Two Environmental Valuation Case StudiesSession #8 Sources of Unsustainability: Externalities and Property RightsPart III. Strategies for Managing the Transition to Sustainable DevelopmentSession #14 Natural Capitalism: Can Profit-Maximization Be Compatible with Sustainable Development?Thursday, March 23Session #15 First Two Corporate Sustainability Case StudiesSession #16 Two Remaining Corporate Sustainability Case StudiesSession #17 Efficiency Standards for Automobiles: What is the Evidence?Tuesday, April 11Greene, D. L. (1998). "Why CAFE Worked." Energy Policy 26(8): 595-613.http://www.colby.edu/economics/faculty/thtieten/ec476/CAFE.pdfSession #18 Property Right Strategies-I: FisheriesSession #22 Land Use ControlMaster Schedule for EC 476EC 476 Professor TietenbergColby College Miller Lib 234Spring, 2005 email: thtietenTel: 5242Advanced Topics in Environmental EconomicsAs a senior seminar, this course will acquaint you with the latest developments in the field (many of the papers we shall consider have not even been published yet.) We shall examine the basic research (theory, and the empirical work) as well as the lessons that can be learned from implementation experience as these ideas have been put into practice.This course is designed as a seminar in which all participants are expected to contribute to group learning, not merely to absorb material passively. Sustainable Development, a concept that lies on the frontier of environmental economics, provides the focus for our inquiry. Analyzing this concept closely reveals the large contributions that economic analysis can make in understanding the nature of the problems and in providing guidance on solutions, but it also raises fundamental questions about the appropriate domain for economic analysis. You will be exposed to both the emerging insights and the controversies and given ampleopportunities to develop your own perspective. For an extended bibliography on many aspects of sustainable development see my web site: http://www.colby.edu/~thtieten/sustainbiblio.htmlTopics will be examined using both discussion and presentation formats. Discussion Format: Having read the background readings, each participant will be expected to contribute to a discussion that extracts the major insights in the readings and assesses their validity and import. My role will be to ask leading questions and to probe the responses. Many of the leading questions are presented in the syllabus to facilitate your reading. Presentation Format: These sessions will focus on presentations by students, faculty or guest speakers. The readings for this course will largely be on the web:Many of the files are in pdf format. Reading a pdf report requires Acrobat Reader. If you don’t have it, it can be downloaded free from http://www.adobe.com/products/acrobat/readermain.htmlThis course presumes that you have had a survey course in environmental and natural resource economics. If you wish to review that material you may want to consult:Tietenberg, T. (2006). Environmental and Natural Resource Economics. 7th ed.Reading, MA: Addison-Wesley Longman.The grades in this course will be based upon: (1) class participation (quality and consistency of contributions - zeros are assigned for each missed class), 15%, (2) concept paper or Colby sustainability research paper and oral presentation (content, analytical depth, organization and style), 25% (3) three class presentation executive summaries and oral presentations 45% (15% each) and (4) the internet project. 15%.Notice that here are no exams. All grades come from class participation, oral presentations and written reports. To help you keep everything straight and to facilitate planning ahead I have added a master schedule of dates at the back of the syllabus. I would urge that you communicate among yourselves toprevent a circumstance where one or more of you select exactly the same topic for one of your projects. Each student will be expected to have set up an email address and to check it regularly. I will use email to communicate with participants in the intervals between classes.Research Projects and Oral Presentation Assignments:2Each student is expected to do a major research paper of one of two types: (1) a concept paper or a (2) campus sustainability