Chapters+2+and+3+-++Ethics,+economics,+and+policy

Part of UNIT 1: Ethics, Economics, and Policy Chapters 2 and 3 of the textbook

STUDY GUIDE
Study guide for chapters 2 and 3

[|Economic Forces] This is a chapter in an online APES textbook. A very clear presentation of topics such as externalities and cost-benefit analysis. Not long, with some nice figures. Worth a look if you are confused or interested. (Neither confused nor interested? Skip it.) The entire textbook is available here and is very helpful.

CLASS NOTES
Here are two powerpoints from class: this is the longer one

and reviews policy options (command-and-control, tax, subsidy, cap-and-trade)

Beginning is an overview of how policy is made in the federal government, followed by discussion of 4 policy tools often available to lawmakers: Command-and-control, taxes, subsidies, and Cap-and-trade

GOOD VIDEOS ON ENVIRONMENTAL ECONOMICS TOPICS:
[|TED talk by Rob Harmon: How the Market can keep water flowing]

[|Supply and demand overview (9:00)]

[|Externalities (7:30)]

You MUST know and understand the concept of **NATURAL CAPITAL**. Here is an [|important report] on the state of New Jersey's natural capital.
Here's a terrific article on [|markets, economics, and the environment.] It refers directly to GDP vs. GPI and to how to take externalities into account.

The following is an excellent overview of key economic concepts from an environmental perspective: [|Environmental Literacy Council]

Here's the Environmental laws assignment. First the assignment sheet:

and the list of laws and student assignments:

Worksheets on economics: And economic terms and concepts:

Ethics
[|Do we consume too much?] Here's a provocative article on consumerism, touching on ethics and sustainability