ICYA-4124 Economics and Water Regulation
This course gives an introduction to the principals of economic regulation applied to water use, with an emphasis on the provision of residential drinking water services and basic sanitation services. After recognizing the economic value of water, the course will look at the balance between supply and demand of water resources and the relevant considerations for their efficient assignment. It will also analyze the cost of providing these utilities, the sector’s industrial organization, and its economic regulation. The course will give the student elements for designing and critically evaluating: regional policies, environmental incentives for the sustainability of water sources, strategies for regulating water and sewage companies, and others. Through role-playing to simulate the effect of the decision-making by the different agents in an economy focused on using water resources, the students will apply the methodologies they have learned.
Catalog page for this course