What This Document Is
This is a focused study guide designed to prepare students enrolled in Environmental Economics (ECON 343) at the University of Delaware for the first exam. It consolidates key information related to the initial portion of the course, offering a structured approach to review and preparation. The guide references core course materials and activities to help students pinpoint areas for focused study.
Why This Document Matters
This resource is invaluable for students aiming to solidify their understanding of foundational concepts in environmental economics before a significant assessment. It’s particularly helpful for those who benefit from a clear outline of exam scope and a compilation of relevant learning resources. Use this guide in the days leading up to the exam to efficiently review material and identify any knowledge gaps. It’s best used *in conjunction* with your regular coursework – lecture notes, readings, and problem sets.
Topics Covered
* Market efficiency and its relationship to environmental outcomes
* Core economic concepts applied to environmental issues
* Welfare analysis related to externalities (both positive and negative)
* Analytical models used to assess environmental problems
* Fundamental definitions and concepts from assigned readings
* Problem-solving techniques relevant to environmental economics
What This Document Provides
* A clear indication of the exam’s date, time, and location.
* A list of required readings (textbook chapters) for exam preparation.
* References to supplemental learning aids available on Sakai, including lecture slides and sample problems.
* Guidance on the types of questions and analytical skills that will be assessed.
* Information regarding available support resources, such as office hours and tutoring sessions.
* Clarification on permitted calculator use during the exam.