Provisional date for final exam:
Tuesday December 4 @ 3.30 - 5.?? 201 Giannini
(If this date presents a problem for you, please let me know by October 16.
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Environment and Trade Survey Paper
The notes below are used in an undergrad course that I teach. Many -- and perhaps all -- of these notes will be useful for students in ARE 201
These notes explain the equivalence of producer and consumer taxes, define tax incidence, and show how to approximate tax incidence.
These notes: (i) show how to calculate the gains from trade in a partial equilibrium setting; (ii) explain the meaning of first and second order approximations; (iii) explain import demand (excess demand) and export supply (excess supply) functions; and show how to calculate and to approximate the effect of a trade restriction.
trade in a partial equilibrium model
These notes use a partial equilibrium model to: (i) discuss the theory of second best; (ii) illustrate the theory of the second best using a simple model of pollution; (iii) introduce the Principle of Targetting; (iv) illustrate the use of second best policies.
Theory of the second best and the Principle of Targetting
These notes explain leakage using both a general and a partial equilibrium model
These notes use a partial equilibrium model to explain the meaning of "optimal tariff" and to illustrate the Nash equilibrium in at trade game
Nash
Equilibrium Trade policies