EEP 101/ ECON 125 Economics of Resources and the Environment Professor David Zilberman Department of Agricultural and Resource Economics University of California, Berkeley

Lecture 1: Introduction Guest Lecturer: Professor David Roland-Holst The Professor GSIs Sections Readings (Online Texts) Grading Course Outline What You Will Study, Hopefully Special Issues Details available on the syllabus and online on the class website: (http://are.berkeley.edu/courses/EEP101/spring06/ )

The Professor David Zilberman Currently in Zurich, Switzerland Will Return on Thursday for Lecture 2 Office Location: 337 Giannini Hall Office Hours: Thursdays 11 a.m.-12 p.m. Website: http://are.berkeley.edu/~zilber/ Email: zilber@are.berkeley.edu

The Professor

Background of Zilber Originally from Israel: You can tell by his Zilbonic accent. Works on water in California: Got a Drippey award, The Oscar of Plumbing (come see the wax trophy in his office) Expert on biotechnology, environmental services, and pesticides: Always attracted to toxic materials and never shies from controversy. Basketball Fanatic: Had assistant type this lecture up, while at the Warriors game.

GSIs Kristin Kiesel Anin Aroonruengsawat Office: Giannini 308 Office Hours: TBA Phone: 643-5413 E-mail: kiesel@are.berkeley.edu Sections: 101 and 102 Anin Aroonruengsawat Office: Giannini 325 Phone: (510) 643-5415 E-mail: anin@are.berkeley.edu Sections: 105 and 106

Sections Section 101: Monday 9-10, 2070 VLSB (GSI: Kristin Kiesel) Section 102: Monday 3-4, 2301 Tolman (GSI: Kristin Kiesel) Section 105: Friday 9-10, 2070 VLSB (GSI: Anin Aroonruengsawat) Section 106: Friday 3-4, 87 Dwinelle GSI: Anin Aroonruengsawat) IMPORTANT!!! If you are in sections 103 or 104, you MUST switch into sections 101, 102, 105, or 106 via Telebears

Readings (Online Texts) There is no required textbook. The detailed course notes on the course website serve as required text for the course (available at http://are.berkeley.edu/~zilber/EEP101/spring06). There will also be a course reader. For supplementary readings, we recommend the textbooks listed on the syllabus. Detailed text and lecture summaries are available at http://are.berkeley.edu/~zilber/EEP101/spring06 . The detailed notes and lecture summaries will be modified to reflect the revised content of the class.

Grading Grading 30% midterm, 50% final, and 20% homework. Students may opt to submit a paper. In this case grading is 66% classwork (the above) and 34% for the paper.* * Possible topics for the optional paper, in addition to sample papers, can be found on the class website

Course Outline The syllabus includes a class outline revealing the material to be covered in each outline. The first five lectures are as follows: Lecture 1: Introduction (Today!) Lecture 2: When Is a Market Socially Optimal? Production and Consumption Externalities Lectures 3-4: Market Failure and Policy Instruments: Standards, Taxes and Subsidies Lecture 5: An Economic Model of Positive Externalities

What You Will Study, Hopefully Theory of externalities How to use carrots & sticks to reduce pollution The political economy of pollution control Public goods The economics of parks and environmental amenities Collective actions for a greener world Evaluation of non-market benefits Resource management over time Conservation policies Sustainability

Special Issues Water Climate Change Pesticides Biotechnology Environmental Services Animal Waste