This course will examine microeconomic theory as it relates to models of environmental decision making by emphasizing the interconnections among the environment and economics. The limitations of neoclassical economics will also be explored and students will be introduced to the principles of ecological economics.
This course covers the pricing, output, and consumption behavior of individuals, companies, and markets under various economic conditions in local and global economies referred to as microeconomics. The course also considers the composition of the Gross Domestic Product, inflation, monetary and fiscal policy, and broader economic cycles more commonly understood as macroeconomics.
This course covers the pricing, output, and consumption behavior of individuals, companies, and markets under various economic conditions in local and global economies referred to as microeconomics. The course also considers the composition of the Gross Domestic Product, inflation, monetary and fiscal policy, and broader economic cycles more commonly understood as macroeconomics.