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Textbook Notes for ECON 2100 at University of Guelph (U OF G)

U OF GECON 2100Doug AuldFall

ECON 2100 Chapter 10.pdf

OC3467562 Page
7 Jan 2015
105
Taxes, subsidies and discharge permits are sort of decentralized, but not so much that the government can"t still step in and adjust things like the ta
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U OF GECON 2100Ross Mc KitrickFall

ECON 2100 Chapter Notes - Chapter 4: Pareto Efficiency

OC626901 Page
7 Dec 2013
29
Economic efficiency- occurs when the economy"s resources are allocated to their best uses; an equilibrium is reached in which marginal benefits of an a
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U OF GECON 2100Ross Mc KitrickFall

ECON 2100 Chapter Notes - Chapter 2: Natural Capital

OC626901 Page
7 Dec 2013
58
Natural capital- consists of the earth"s ecosystems, their renewable and non-renewable resources, environmental resources (atmosphere, water) and land.
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U OF GECON 2100Ross Mc KitrickFall

Chapter 5- The Economics of Environmental Quality

OC626901 Page
7 Dec 2013
29
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U OF GECON 2100Ross Mc KitrickFall

ECON 2100 Chapter Notes - Chapter 3: Demand Curve

OC626901 Page
7 Dec 2013
41
Chapter 3- benefits and costs, supply and demand. Willingness to pay (wtp) - the monetary value to an individual of enjoying the benefits of a particul
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U OF GECON 2100Ross Mc KitrickFall

ECON 2100 Chapter Notes - Chapter 1: Carbon Sink, Precautionary Principle, Asset

OC626901 Page
7 Dec 2013
26
Economic efficiency- occurs when the economy"s resources are allocated to their best uses; an equilibrium is reached in which the marginal benefits of
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U OF GECON 2100Doug AuldFall

ECON 2100 Chapter Notes - Chapter 1: Precautionary Principle, Intergenerational Equity, Environmental Quality

OC23299624 Page
29 Nov 2017
0
Environmental economics: the study of environmental problems with the perspective and analytic ideas of economics. Look at the economy and its intuitio
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