Introduction to Environmental Economics

Overview

The course introduces the subfield of economics concerned with environmental issues. Themes include: market failure including externalities, property rights and public goods; renewable and non-renewable resources; economics of pollution; environmental valuation and cost/benefit analysis.

Learning Objectives

This course is to encourage students to develop an objective and critical engagement with environmental-economy inter-linkages in theory and policy practice. It will make students aware of some of the most important contemporary issues in environmental economics.

Skills

1. To acquire knowledge and an understanding of the concepts and theories central to environmental economics.
2. To be able to apply core economic theory and economic reasoning to analyse environmental problems and to appraise environmental policies
3. To acquire knowledge and an understanding of the main analytical methods used in environmental economics

Assessment

2 Assignments
1 Written Examination