Syllabus
Environmental Economics

Dr. Terrel Gallaway 
TerrelGallaway@missouristate.edu
ECO 640
Fall 2010

Phone: 836-5629
Office: STO 368
Office Hours:
                Office Hours:
              12:45-1:45  MWF
              12:30-1:30  TTh  
            and by appointment

Course Description

This class will introduce students, with varying levels of economic expertise, to the economic approaches to environmental and resource issues.  It will also introduce students to some classic works on the subject as well as highlight different perspectives among economists. In addition to examining wise use of the environment, this class will look at balancing economics, the environment, and personal liberty. It will explore the role of government in protecting the environment while at the same time examining how government failures can cause environmental problems, hinder potential solutions, unduly restrict personal liberty, and funnel billions of dollars into corporate welfare.

Economists are engaged in a wide variety of areas including environmental policy, education, sports, and high finance. 

Texts

Required:

Tietenberg, Tom & Lynne Lewis. Environmental and Natural Resource Economics, 8th ed. Addison Wesley, 2010

Heilbroner, Robert: An Inquiry into the Human Prospect, Updated and Reconsidered for the Nineteen Nineties R.S. Means Company; 2nd Rev ed. 1991.

Abbey, Edward:  Desert Solitaire: A Season in the Wilderness.

Additional Readings:

Barcott, Bruce “As a Matter of Fact, Money Does Grow on Trees,  Outside Magazine.  March 2005. http://outside.away.com/outside/features/200503/money-and-the-environment_1.html

Daly, Herman  Valuing the Earth.  The MIT Press, 1993.

·         Chapter 3: Nicholas Georgescu-Roegen “The Entropy Law and the Economic Problem”    

·         Chapter 9: E.F. Schumacher “Buddhist Economics.”

·         Chapter 10: Gerald Alonzo Smith “The Purpose of Wealth”

·         Chapter 16: Kenneth E. Boulding “The Economics of the Coming Spaceship Earth”

·         Chapter 19: Herman Daly:  “The Steady State Economy”  

Finkel, Michael. “Bedlam in the Blood: Malaria” National Geographic.  July 2007.  http://www7.nationalgeographic.com/ngm/0707/feature1/

Galbraith, John. The Affluent Society. Chapters 9-11;17.  

Hardin, Garrett “The Tragedy of the Commons,” Science, 1968. http://www.garretthardinsociety.org/articles/art_tragedy_of_the_commons.html

Higgs, Robert “In the Name of Emergency” Reason October 17, 2001

Higgs, Robert “Fear The Foundation of Every Government’s Power” The Independent Review. V 10, no 3, winter, 2005.

Keynes, John Maynard  “Economic Possibilities for Our Grandchildren” 1930.

Moore, Stephen “Julian Simon Remembered: It's A Wonderful Life” Cato Policy Report, March/April 1998. http://www.cato.org/pubs/policy_report/cpr-20n2-1.html

Regis, Ed “The DoomslayerWired Issue 5.02 - Feb 1997 http://www.wired.com/wired/archive/5.02/ffsimon_pr.html

Rolston, Homes. Environmental Ethics. Chapter 1 “Humans Valuing the Natural Environment.”   Temple University Press, 1988.

Simon, Julian L. “The State of Humanity: Steadily Improving” Cato Policy Report, September/October 1995  http://www.cato.org/pubs/policy_report/pr-so-js.html

United Nations Environment Programme.  “Planet’s Tougher Problems Persist, UN Report Warns” global press release for Global Environment Outlook-Four (GEO-4.) http://www.unep.org/geo/geo4/media/media_briefs/Media_Briefs_GEO-4%20Global.pdf     

Walker, H. Thayer. “Killer Abs” Outside Magazine.  April 2006.  http://outside.away.com/outside/features/200604/northern-california-great-white-sharks-1.html

 

Expectations

Learning is an active process.  As students, you must take primary responsibility for your education.  If you hope for a passing grade in this class, you should start by living up to these minimum expectations:

  • Enroll in the BlackBoard site for this course.
  • Bring news articles, and other items of interest, to class.
  • Reading the syllabus and regularly checking the course website, and keeping track of  requirements and due dates.
  • Keeping up with the readings.  Students will probably need to spend 2-4 hours each week reading the text and additional articles.  Additional time will be required for studying.  
  • Showing up for class on-time and familiar with the day’s material.
  • Contributing to the class by asking questions and offering your insights.
  • Treating your classmates with respect.
  • Behaving appropriately in the classroom. Talking out of turn, reading newspapers, arriving late and leaving early, sleeping, and the like are distracting and disrespectful to me and to your classmates, and impede the learning process. Therefore, these behaviors will not be tolerated.
  • Asking questions, in or out of class, when you need help.
  • Behaving with honesty and integrity.

Grades

Final grades will reflect student performance on quizzes, two midterm exams,  two book reviews, class participation, and a final exam.  In addition, students taking the 640 option will be responsible for 3 extra chapters and 3 journal articles.  Exams will be given on the days indicated in the class schedule. Scores will be weighed on the following basis:

First Exam:                                             100 points
Second Exam:                                         100 points
Final:                                                       100 points
Quizzes (4-8)                                           100 points total 

Book Reviews & Discussion                   125 points total

Additional Chapters/Journal Articles      100 points total

Readings & Class Participation                 75 points

Total                                                        700 points

 

Final grades will be awarded based on the following scale:

630 - 700   points   =   A
560 - 629   points   =   B
490 - 559   points   =   C
420 - 489   points   =   D
below 420   points  =  F

In the case of borderline situations, the instructor may raise a student's grade by a "half" grade.

Extra Chapters

Graduate students will be responsible for one extra chapter each unit.  They will turn in a 5-10 page outline of “lecture notes” for each chapter.  In addition, their tests will include material from those chapters.   Students may choose between chapters 6, 9, 11, 20, 22, & 23.  Students must  do at least one chapter from chapters 6, 9, &11.  They must also do at least one chapter from 20, 22, & 23.

Journal Articles

Graduate students will be expected to read at least one journal article for each unit.  These articles will be assigned by the instructor based on discussion with the student.  Students will write a 3-4 page reaction paper for each article.  Questions about the article may also show up on their exams.

Unit Exams (Including Final)

The class period before an exam, graduate student will be given a take-home portion for the exam.  That part of the exam may cover any material covered in that unit, including the extra chapter and the journal article.  Graduates will also take the in-class exam with the rest of class.  The grades from the two parts of the exam will be averaged together with the take home portion counting for roughly 30% and the in-class portion counting for roughly 70% of their test score.

Final Exam

The final exam will primarily cover material from the third unit.  Additionally, part of the exam will be comprehensive and cover topics from throughout the semester that are particularly important or that students failed to learn for earlier exams. 

Quizzes

Students will be given one or two quizzes each unit. These quizzes may be announced or unannounced and will cover the non-text readings.

Course Policies

Technology:  All cell phones should be turned off when entering class.  For tests, only simple calculators will be allowed.  Graphing calculators, programmable calculators, and cell phones will not be allowed.  Permission must be obtained from the instructor before using any recording device in class.  Violation of this policy may be considered an act of cheating or plagiarism (see below).

Absentee Policy: Attendance will be taken throughout the course. Although attendance and grades tend to be positively correlated, I will not directly deduct any points for absenteeism.

Plagiarism and Cheating Policy:  All members of the University community share the responsibility and authority to challenge and make known acts of apparent academic dishonesty. Any student detected participating in any form of academic dishonesty will be subject to sanctions as described in the Student Academic Integrity Policies and Procedures, http://www.missouristate.edu/acadaff/AcademicIntegrity.html, also available at the Reserves Desk in Meyer Library, and in abbreviated form in the Missouri State Undergraduate Catalog.  Possible sanctions include issuing an "XF" for a semester grade.  It is your responsibility to read and fully understand Missouri State's Student Academic Integrity Policies and Procedures.

At a minimum, anyone caught plagiarizing or cheating will automatically receive a zero for the assignment. This zero will automatically be averaged into the semester's final score without any possibility of it being dropped, made-up, or weighted less.  Students caught cheating on a quiz will have their semester grade lowered one letter in addition to receiving a zero on the quiz. Cheating and plagiarism include a variety of activities. If in doubt, ask me.

Makeup Policy:  There will be NO make-up or early exams without an official, WRITTEN excuse. With a valid excuse, students will be allowed to take the exam on or before the day for which it was scheduled. After that day, the exam can be made-up only by taking an exam different than the one given in class.  Students hoping to take a makeup exam should contact me immediately.  The exam will be scheduled for the earliest time that is mutually workable. Students who do not make up their exam promptly will not be allowed to take it at all.

Appeals Policy:  All appeals must be WRITTEN. If you believe that you deserve partial credit, or want me to re-grade in any other way, give me a written request within two weeks after the assignment or test has been handed back in class. The appeal should explain why you think your answer was "correct" and deserves partial or full credit.

Please note there are additional  policies which are common to all MSU classes.  These policies, regarding Nondiscrimination, Disability Accommodation, Emergency Response, Academic Integrity, Dropping a Class and Cell Phone Usage, may be found on the Economics Department’s website:  http://www.missouristate.edu/econ/63185.htm

 

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