Transfers ToUC and CSUCal-GETC Area 4 · IGETC Area 4 · CSU GE Area DDescriptionThis is an introduction to the basic principles of economics and their application to problems of environmental quality and natural resource utilization. Topics will include market failures, sustainable resource allocation, environmental degradation, pollution, and a rationale of government involvement in the market-based economy. Emphasis will be given to sustainability and the importance of including the environmental impact into the cost-benefit analysis of economic activities. Because this is an honors course students will be expected to complete extra assignments to gain deeper insight into environmental economics.