The course introduces students to the discipline of environmental economics and exposes them to debates over the use of market-based instruments in environmental, energy, and climate policy. It introduces students to basic economics and finance concepts, examines key principles about market behavior and efficiency, and applies these basic elements and concepts to common environmental problems. Economic concepts are applied to environmental and natural resource policy areas including water resources, energy, food and agriculture, land use, forests, as well as, air and water pollution.