Notes on transport, markets vs. bureaucracy, more on the walkout, math v. econ, utility, collective action, information (Hayek 44), incentives in markets v. monopolies/bureaucracies

1. Introduction to Environmental Economics
2. Water markets, Options and Trading (Guest lecture by Claire Tompkins)
3. Transport (Guest lecture by Damian Bickett)
4. Review of Guest Lectures
5. Supply and Demand
6. Missing Markets, Elasticity, and Constrained Optimization
7. Marginal Rate of Substitution vs. Elasticity
8. The Production Function & Profit Maximization
9. Political Economy, Macroeconomics, and Optimal Production
10. Transport, Markets vs. Bureaucracy, Walkout
11. Cost Accounting, Benefit, and Opportunity Costs
12. Lecture 12
13. Lerner Index, Monopsony, Bilateral Monopoly, and Two-sided Markets
14. Corporate Social Responsibility vs. Profit Max
15. The Sociology of Economists
16. Principal-Agent Economics
17. Homo Economicus vs. Social Preferences
18. Scientific Method (Popper's Falsification, Deductive and Inductive Reasoning)
19. Lobbying, Auctions, and Microfinance
20. Intrinsic/Extrinsic Incentives, Public Choice
21. Game Theory: Prisoner's Dilemma, Sequential Games, Mixed Strategies
22. Dutch Infrastructure and the Struggle of Competing Interests (Guest lecture by Ties Rijcken)
23. Cournot Competition & Bertrand Competition
24. Extrinsic vs. Intrinsic Motivation
25. Climate Change: Politics, Collective Action, and Climategate
26. Bounded Rationality, Bubbles, and Risk Aversion
27. Free-riders vs. Cooperators
28. Strategy in Public Goods Game

Microeconomic Theory with Application to Natural Resources by instructor David Zetland, PhD. This course covers the basic microeconomic tools for further study of natural resource problems. Theory of consumption, production, theory of the firm, industrial organization, general equilibrium, public goods and externalities. Applications to agriculture and natural resources.