Uncharted Waters: Economics, Water Use, and the Environment will provide an understanding of the economic issues dealing with water management. The lessons and activities focus on incentives, opportunity cost (the diamond/water paradox), property rights, marginal cost/benefit and public choice. Economics, science, history, and geography teachers will find obvious connections for their classes while others may find the content relevant. The program includes interactive lecture/discussions as well as simulations for classroom use.
Program content will focus on the following questions:
- Is water an unlimited resource?
- Can everyone get enough water?
- Should we pay for water?
- How do we determine the value of water?
- Is all water valued the same?