Description: An introduction to the basic principles of economics and their application to problems of environmental quality and natural resource utilization. Emphasis is on the failure of markets as a cause of environmental degradation and the role of government in resolving problems of Economics 230 / Programs and Courses resource scarcity. Does not satisfy the Natural Science breadth requirement for the College of Humanities, Arts, and Social Sciences. Cross-listed with ENSC 006. Does not satisfy the Natural Science breadth requirement for the College of Humanities, Arts, and Social Sciences.