Practical examples of environmental economic theory

HW#1 (Chapters 3, 4, 6): please complete Chapter 3 #1a-c, 3, 5, 8, 10; Chapter 4 #1, Chapter 6 #2ab, 4 from the exercises at the end of each chapter. The homework should be submitted by 11pm on Sunday October 18th.

The exercises are numerical, graphical, and practical examples of environmental economic theory we’re studying in class. These problems are specifically designed to aid rigorous understanding of the material. I strongly recommend working through the problems independently before consulting the TA/Prof in office hours/section or peers on the Discussion Forum. Your diligent homework prep and practice will greatly aid you in doing well on the exams. I encourage collaboration and consultation with your classmates as far as it helps you understand the material, though it won’t help anyone if it results in free-riding. Each student must submit their own homework assignment.

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Please consult the syllabus for the HW grading policy (“check system”) and late submission policy. Please utilize TA and/or professor help (office hours/section) if you need direction working through any problem. Remember to write legibly and organize your work. Please see important details below for scanning/submitting your work. Per the syllabus, homework should be scanned and uploaded as a 1-file (multi-page) pdf. Points will be deducted for a multi-file upload.


Please show all analytical and graphical work for full credit. Answers without solutions may receive zero credit. You’ll upload a PDF file of your written work to the appropriate Assignment in Canvas. As uploaded pictures vary in quality, please follow the steps below so we can read your submissions:

i) use a printer/scanner to scan your written work to pdf format. Combine multiple pages into one file.

ii) (easier method) For iPhone/Android phones, download an app called “CamScanner”. With this app you take a picture of your work and the app allows you to crop out the background and instantly make your picture a pdf that you can submit. It maintains excellent quality and is an awesome free app! If you have multiple pages of work you can select “Batch” when taking pictures via the app to put all pictures in the same document file.

Please use one of these two methods to submit your work. Feel free to download the app and share a test file with any of your work and we’ll let you know if we can read it/it’s a successful upload to be repeated for other assignments and exams.


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