This seminar addresses the problems of environmental protection as an element of development policy and planning. It is an application of environmental and natural resource economics to the developing country context. The theory will include market failure, externalities, common property resources and public goods, and intertemporal equity and discounting. Topics will include the use of market-based versus command-and-control policy instruments, property rights regimes, renewable and non-renewable resource management, measurement of environmental benefits and costs, benefit-cost analysis, institutional and policy constraints to sustainable development, and global externalities. The focus of the seminar will be on country-specific cases and the application of analytical techniques to questions of resource management and pollution control, given the trade-offs (or possibly complementarities) between environmental and economic development objectives. Format: lecture/discussion. Prerequisite: Economics 251 and 252. Enrollment limit: 25. Undergraduate enrollment limited and only accepted with instructor's permission.