This course explores the economic principles underlying the valuation of natural resources and their application in cost-benefit analysis for environmental, health, and safety policies. Students will explore a range of techniques to assess the ecological and economic value of ecosystem products and services. The course examines contemporary market mechanisms in the context of both theory and practice, addressing the complex global environmental challenges of today. By combining rigorous economic theory with empirical evidence, students will develop a deep understanding of policy-relevant issues and potential solutions.