Focuses on market failure as a cause of inefficient resource use, depletion, and environmental pollution. Examines public policy in the environmental area. Also listed as ENV 6. Credit given in either area, not both. It covers the impact of political decisions on world economies and international organizations.
Further emphasis is on a comparison-contrast of various national economies.
Geographic areas of concern include Africa, Europe, the Pacific Rim, the Middle East, Latin America, the Soviet Union, China, and the United States. Also listed as PS 11. Credit given in either area, not both. Course may be offered by mediated mode of instruction.