Cross Listing Course Form (4/9/14) I: Criteria To qualify for consideration for cross listing, all courses must: - be requested by both departments or programs; - count as credit toward an existing major, minor, or certificate program; - not be experimental or have a reserved variable content course number (x90-X99) - carry the same title (both parent and sibling courses) and, if possible, carry the same course number; - be implemented within comparable course levels, e.g., (U), (UG), or (G); - be offered under an existing rubric. Under no circumstances will a course have more than three crosslistings. II: Summary of courses requested for crosslisting Requesting Dept / Program (must be Economics department of parent course) Parent Course Prefix and Number ECNS 445(UG) Sibling Course(s) Prefix (Pre CCN) and Number Course Title CCS 445 International Environmental Economics & Climate Change II. Endorsement/Approvals Complete the form and obtain signatures before submitting to Faculty Senate Office Please type / print name Signature Date Requestor: Derek Kellenberg Phone/ email : X5612 / derek.kellenberg@mso.umt.edu Parent Program Jeff Bookwalter Chair/Director: Sibling Program Steve Running Chair(s) / Director(s) Dean(s): Chris Comer; James Burchfield Approve * X Yes No XYes No Yes No X Yes No Yes No *Signatory Comments (required for disapproval): IV. Rationale Do these courses need to be cross listed to fill an external requirement? If YES, define external requirement and attach documentation. If NO, complete narrative: In 500 words or less explain why only cross-listing this course serves the need for delivering academic content. You must identify how both the parent and sibling units contribute to the cross-listed course’s content and how cross listing contributes to the respective units’ missions of serving students. The narrative must also identify additional reasons for cross listing such as a specialized need for advertising to prospective students, sharing resources across departments (equipment, space, instructors, etc.), or mutual contribution to course content. ECNS 445 International Environmental Economics & Climate Change serves an important need within the Climate Change Studies minor program. It is one of only several society-area course offerings, and the only course that covers economics and climate change. Identifying this course within the listing of courses within the Climate Change Studies minor will help student recognize it as a possible course to meet their minor requirements. The ASCRC has previously approved this course for crosslisting with CCS. V. Syllabus Class Syllabus for International Environmental Economics and Climate Change--ECNS 445 The University of Montana Instructor: Derek Kellenberg Office: LA 403 Phone: 243-5612 Email: Derek.Kellenberg@mso.umt.edu Note: The following syllabus defines the rules and important dates for the semester. However, I reserve the right to make changes if the need arises. Course Prerequisite: ECNS 201S Course Description: This course is an introduction to the economics and policy issues related to the international environment and climate change. The first part of the course will be devoted to reviewing the standard competitive market equilibrium and how public goods and negative externalities, such as pollution, can lead to market failure. We will then spend a good portion of the course exploring how various types of environmental policies such as standards, emission taxes, subsidies, and tradable permits can be used to address both domestic and international market failure. In that later half of the semester we will explore issues related to renewable resources and energy efficient technologies, climate change and developing countries, trade and investment policy, and the pollution haven hypothesis. Texts and Readings: There are four required paperback texts for the course. In addition, there will be journal articles (to be announced) throughout the semester that I will assign for you to read. The four required texts are: Environmental Economics: An Introduction, 4th ed., by Barry Field and Martha Field, McGraw-Hill, 2006. Climate Change Economics and Policy: An RFF Anthology, edited by Michael A. Toman, Resources for the Future, 2001. International Trade and Climate Change: Economic, Legal, and Institutional Perspectives, The World Bank, 2008. The Economics of Climate Change, edited by Anthony D. Owen and Nick Hanley, Routledge, 2004. Grading: Grading for the course will consist of a participation grade, two online homework assignments, and two exams. The breakdown of the grades and dates for each homework and exam are as follows: Exam/Assignment Participation Homework 1 Exam 1 Homework 2 Exam 2 Optional Comp. Final Exam Overall Grade % 10% 15% 30% 15% 30% 30% Homework and Participation During the term I will occasionally present in-class problems or topics for you to work on. These will typically be problems or discussion questions that you can work on in groups. Your participation grade will be based on your presence and performance on these problems/questions. Homework 1 and Homework 2 will be posted on our Blackboard class website and must be completed and turned into me by 5 PM on the respective due dates. Late homework assignments will NOT be accepted. If you cannot turn in your homework on the respective due dates then you should plan to turn them in early. Exams There will be two midterm exams, each worth 30% of your overall class grade. THERE WILL BE NO MAKE-UP EXAMS. There will be no exceptions to this rule. If you miss a midterm exam or are unsatisfied with a midterm performance, for whatever reason, you may take an Optional Comprehensive Final Exam to substitute for the midterm exam that you missed or would like to replace. Exam Drop Policy Please be aware that I do not allow you to replace one of your midterm exams with the optional comprehensive final exam simply to be “nice”. Over the course of the semester there are always people who will unfortunately experience some sort of illness or personal or family hardship. As such, I allow each of you to replace one midterm exam as a form of insurance policy against unforeseen events so that you can tend to any personal or family matters without it affecting your overall grade. DO NOT make the mistake of slacking off early in the semester thinking you can simply take the optional comprehensive final exam to make up for a poor early performance. If something comes up later in the semester that causes you to miss one of the other midterm exams or the Optional Comprehensive Final Exam, then you will have to accept the poor performance on the midterm you missed/failed as part of your overall class score. Graduate Student Increment (For Graduate Students only) Graduate Students taking the course are required to complete an additional assignment for successful completion of the course. Each graduate student must choose a current international environmental or climate change topic of their choice for my approval. Upon my approval, each student will write a literature review paper that fully describes the topic and the literature to date and makes suggestions for future research. The idea is to move students toward a well thought out potential thesis topic. Successful completion of this project will constitute a polished paper complete with references. The paper will be scored on a pass/fail basis, with a pass grade necessary for a passing grade in the course. The paper will be due on the last day of class. A Word on Cheating and Plagiarism: Do not do it! All students are expected to abide by the University of Montana Student Conduct Code. Any violators of the Student Code of Conduct will be subject to punishment as outlined in the Student Code. For more information on the Student Code of Conduct please consult the following website: http://ordway.umt.edu/sa/documents/fromWeb/StudentConductCode1.pdf NOTE (For students with disabilities): Students with physical, psychiatric or learning disabilities that require specific accommodations should let me know the first week of class so that your learning needs may be appropriately met. Lecture Notes: Lecture notes will be made available on the Blackboard class webpage prior to each class period. Keep in mind that the posted lecture notes are not complete. I suggest that you print out a copy of the slides before each class period so that you can fill in notes during lecture. Course Outline: The following is an approximate roadmap of where we are headed. How far and how fast we proceed through each topic will depend on how quickly the class is picking up the material. As mentioned above, there will be journal articles (to be determined) assigned to complement the book chapters outlined below. The exam dates are set but the material covered on each exam will depend on our pace. I will let you know at least one week prior to each exam exactly which topics will be covered. Weeks 1 & 2 Field and Field, Chapters 1-4 Review of Supply, Demand, and Market Equilibrium Public Goods and Market Failure Externalities and Market Failure Weeks 3 & 4 Field and Field, Chapters 11-13 Command and Control Strategies: The Case of Standards Incentive Based Strategies: Emission Charges and Subsidies Incentive Based Strategies: Tradable Permits Weeks 5 & 6 Field and Field, Chapters 7 & 8 Toman, Chapters 1-4, 11, 12, & 19 Hanley and Owen, Chapters 2, 4, 5, & 7 An Overview of Climate Change Economics & Policies How Much Climate Change is Too Much? The Economics of the Kyoto Protocol Evaluating Climate Change Policy Costs and Benefits Midterm Exam 1 Weeks 7 & 8 Toman, Chapters 9, 10, 20 & 22 Owen and Hanley, Chapter 6 Policy Design for International Greenhouse Gas Control Price or Quantity Controls for Greenhouse Gases? Emission Trading to Regulate Greenhouse Gases Liability in International Greenhouse Gas Trading Weeks 9 & 10 Owen and Hanley, Chapter 9 Toman, Chapters 16-18 The Role of Energy Prices in Global Climate Change The Role of Renewable Resources in Energy Policy Energy Efficient Technologies and Climate Change Policy Week 11 & 12 Owen and Hanley, Chapter 11 Toman, Chapters 18 & 24 Developing Countries and Climate Change Climate Change Policies and Technical Innovation Technology Diffusion to Developing Countries Weeks 13, 14, & 15 Field and Field, Chapters 20 & 21 The World Bank, Chapters 2 & 4 Comparative Advantage and Trade Foreign Direct Investment, Multinational Firms, and Environment The Environmental Kuznets Curve Pollution Havens Climate Change Policy and Trade Liberalizing Trade in Environmental Goods and Services International Environmental Agreements Midterm Exam II Optional Comprehensive Final Exam VI. Justification for third crosslisting: In 500 words or less describe the extenuating circumstances making a third course necessary. VII Copies and Electronic Submission. After approval, submit signed original, and electronic file to the Faculty Senate Office, UH 221, camie.foos@mso.umt.edu.