1. EEP 101/ ECON 125 Economics of Resources and the Environment
Professor David Zilberman
Department of Agricultural and Resource Economics University of California, Berkeley

2. Lecture 1: Introduction
Guest Lecturer: Professor David Roland-Holst
The Professor
GSIs
Sections
Readings (Online Texts)
Grading
Course Outline
What You Will Study, Hopefully
Special Issues
Details available on the syllabus and online on the class website: ( )

3. The Professor David Zilberman Currently in Zurich, Switzerland
Will Return on Thursday for Lecture 2
Office Location: 337 Giannini Hall
Office Hours: Thursdays 11 a.m.-12 p.m.
Website:

4. The Professor

5. Background of Zilber
Originally from Israel: You can tell by his Zilbonic accent.
Works on water in California: Got a Drippey award, The Oscar of Plumbing (come see the wax trophy in his office)
Expert on biotechnology, environmental services, and pesticides: Always attracted to toxic materials and never shies from controversy.
Basketball Fanatic: Had assistant type this lecture up, while at the Warriors game.

6. GSIs Kristin Kiesel Anin Aroonruengsawat Office: Giannini 308
Office Hours: TBA
Phone:
Sections: 101 and 102
Anin Aroonruengsawat
Office: Giannini 325
Phone: (510)
Sections: 105 and 106

7. Sections
Section 101: Monday 9-10, 2070 VLSB (GSI: Kristin Kiesel)
Section 102: Monday 3-4, 2301 Tolman (GSI: Kristin Kiesel)
Section 105: Friday 9-10, 2070 VLSB (GSI: Anin Aroonruengsawat)
Section 106: Friday 3-4, 87 Dwinelle GSI: Anin Aroonruengsawat)
IMPORTANT!!! If you are in sections 103 or 104, you MUST switch into sections 101, 102, 105, or 106 via Telebears

8. Readings (Online Texts)
There is no required textbook. The detailed course notes on the course website serve as required text for the course (available at There will also be a course reader.
For supplementary readings, we recommend the textbooks listed on the syllabus.
Detailed text and lecture summaries are available at The detailed notes and lecture summaries will be modified to reflect the revised content of the class.

9. Grading Grading 30% midterm, 50% final, and 20% homework.
Students may opt to submit a paper. In this case grading is 66% classwork (the above) and 34% for the paper.*
* Possible topics for the optional paper, in addition to sample papers, can be found on the class website

10. Course Outline
The syllabus includes a class outline revealing the material to be covered in each outline.
The first five lectures are as follows:
Lecture 1: Introduction (Today!)
Lecture 2: When Is a Market Socially Optimal? Production and Consumption Externalities
Lectures 3-4: Market Failure and Policy Instruments: Standards, Taxes and Subsidies
Lecture 5: An Economic Model of Positive Externalities

11. What You Will Study, Hopefully
Theory of externalities
How to use carrots & sticks to reduce pollution
The political economy of pollution control
Public goods
The economics of parks and environmental amenities
Collective actions for a greener world
Evaluation of non-market benefits
Resource management over time
Conservation policies
Sustainability

12. Special Issues Water Climate Change Pesticides Biotechnology
Environmental Services
Animal Waste