This class will focus on the role of the environment in the theory and practice of economics and explore the proper role of government in the relationship between the economy and the environment. It will make use of microeconomic and statistical analysis at the intermediate level and will incorporate real-world examples. It will help students develop the tools to evaluate a series of current policy questions, including: What is “sustainable development”? How do environmental problems differ in low-income settings? Are we running out of oil and other natural resources? To gain real world experience we will do an in-class simulation of an air pollution emissions market.