Sustainable Business and Environmental Economics Concentration

E&S students with a concentration in Sustainable Business and Environmental Economics (formerly Environmental Economics (EE)) will use economic principles to understand the interrelation between society and the environment and study how environmental policies should be structured to address the environmental challenges by understanding behavioral responses of economic agents to these policies.

Course requirements

Semester Key: F=Fall, S=Spring, Su=Summer

Required courses

  • AEM 2500 - Environmental and Resource Economics (F, 3 cr, in Core Requirements)
  • MATH 1110 - Calculus I (F, S, Su, 4 cr)
  • ECON 1110 - Introductory Microeconomics (F, W, S, Su, 3 cr)
  • ECON 1120 - Introductory Macroeconomics (F, W, S, Su, 3 cr)
  • ECON 3030 - Intermediate Microeconomic Theory (F, S, Su, 4 cr) OR AEM 2600 - Managerial Economics (F, 3 cr)

Resource/Environmental economics

Choose a minimum of 5.5 credits (2 -3 courses):

  • AEM 4090: [Environmental Finance and Markets] (S, 3 cr, not offered S22)
  • AEM 4500/ECON 4810 - [Resource Economics] (S, 3 cr, not offered S22)
  • AEM 4510*/ECON 3865 - Environmental Economics (S, 3 cr) OR ECON 3850* - Economics and Environmental Policy (F, 3 cr) *forbidden overlaps
  • AEM 4515 - Business and Economics of Energy (F, 3cr)
  • AEM 4580 – The Economics and Psychology of Sustainable Business (F, 1.5 cr)
  • ECON 3850 - Economics and Environmental Policy (F, 3 cr) 
  • NBA 6030 – Strategies for Sustainability (S, 1.5 cr, seniors only)
  • NBA 6380 – Finance and Sustainable Global Enterprise Colloquium (S, 1 cr, seniors only)                                                              

Data analysis/econometrics

Choose 1 course from the following:

  • AEM / INFO 2770 - [Excursions in Computational Sustainability] (S, 3 cr, not offered Sp22)
  • AEM 2850 - R for Business Analytics (S, 3 cr; pre-req. AEM 2011, F, 3 cr)
  • AEM 3100 - Business Statistics (F, S, 3 cr)
  • AEM 4110 - Introduction to Econometrics (F, 4 cr)
  • CRP 4080 - Introduction to Geographic Information Systems (GIS) (F, 4 cr)
  • ECON 3120 - Applied Econometrics (F, S, Su, 4 cr)
  • ECON 3140 - Econometrics (S, 4 cr)
  • ILRST 2110 - Statistical Methods for Social Sciences II (S, 3 cr)
  • PLSCS 2200 - Introduction to Mapping and Spatial Analysis with GIS (F, 3 cr)
  • STSCI 4060 - Python Programming and Its Applications in Statistics (S, 3 cr)

More information

Students will learn:

  1. How and why markets can fail in allocating scarce resources such as the environment, energy, and natural resources
  2. How economic principles can be used to promote environmental protection and the optimal and sustainable use of natural resources
  3. How policy instruments such as subsidies, taxes and cap-and-trade programs can improve environmental quality by incentivizing economic agents to reduce pollution and develop and adopt clean technologies