| 1 | Introduction: The Role of Government | |
| 2 | Economic Efficiency and Benefit-Cost Analysis | |
| 3 | Public Goods and Externalities | |
| 4 | The Optimal Regulation of Pollution: Choice of Policy Instruments | Problem set 1 due |
| 5 | The Optimal Regulation of Pollution: The Sulfur Dioxide Experiments | |
| 6 | Risk, Uncertainty, and Liability | |
| 7 | International and Interregional Competition: Is there a Race to the Bottom? Is there an Income Effect? | Problem set 2 due |
| 8 | The Costs of Environmental Regulations | |
| 9 | The Measurement of Benefits: Hedonic Price Indices | Problem set 3 due |
| 10 | The Measurement of Benefits: Household Production | |
| 11 | The Measurement of Benefits: Contingent Valuation | |
| 12 | Policy Application: Do the Benefits of the Regulation of Airborne Particulate Matter Exceed the Costs? | Problem set 4 due |
| 13 | Policy Application: What are the Costs of Global Warming in the US? | Problem set 5 due |
| 14 | Review | |
