List the chapter topics chosen. Briefly describe the economic concepts that are the basis of the topics. Define key terms, including relevant economic and/or econometric models, and explain how the concepts are relevant to environmental decision-making.

Article Title:Environmental Cost-Benefit Analysis 

Topics, Economic Concepts, and Terms:

List the chapter topics chosen. Briefly describe the economic concepts that are the basis of the topics. Define key terms, including relevant economic and/or econometric models, and explain how the concepts are relevant to environmental decision-making. Cite as appropriate.

Article Summary: Summarize the main topic of the article, the argument made and the conclusions reached. Describe the article’s application to environmental and natural resource economics. Cite as appropriate.

Assessment: Assess the validity of the author’s conclusions or research performed. Does the article represent a valid interpretation and application of the concepts?

Implications: Assess the implications of the article for other related areas of environmental decision-making.

Class Questions:

Ask two critical questions for the class to reply with answers that illustrate course concepts. Review and directly copy and cite some of the relevant Questions for Further Discussion in Field and Field (2015) that appear at the end of the chapters discussed this week.

Use the questions from the text in developing the set applying the identical Field and Field question numbers to avoid confusion, citing as appropriate.

References:

Provide the full references for any works cited. Make sure to consult the Turabian (2018) 9th ed. Manual Author-Date style to cite and list the references correctly.

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