Ecological economics
ENV-610 / 2 credits
Teacher(s): Thalmann Philippe, Vielle Marc, Vöhringer Frank
Language: English
Remark: Minimum 5 participants, Thursday 13h30 16h15, March 10 May 19.
Frequency
Every 2 years
Summary
This course is an introduction to economic theory applied to environmental issues. It presents the methods used to assess environmental impacts and natural resources as well as environmental regulation instruments, in particular in the context of climate policy.
Content
Introduction to economics: supply, demand, markets and prices, decision making, policy making
Embedding economic activity into the ecological context
Environmental goods and environmental policy
Economic decision making, in particular cost-benefit analysis
Assessment of economic impacts and valuation of natural resources
Environmental regulation: instruments
Keywords
Economic analysis, environmental protection, climate policy, externalities, environmental regulation, cost-benefit analysis, ecological economics
Learning Prerequisites
Required courses
Introductory economics is useful but not required
Learning Outcomes
By the end of the course, the student must be able to:
- To explain how a benevolent social planner would set environmental protection goals, how environmental protection goals are set by real authorities, how these goals could be implemented in the most efficient manner and how they are implemented in the real world.
Resources
Bibliography
Tietenberg, T. H. and L. Lewis (2018). Environmental and Natural Resource Economics, 11th Edition. Routledge
Supporting material (slides, short readings) will be provided on the Moodle page of the course
Ressources en bibliothèque
In the programs
- Number of places: 15
- Exam form: Written (session free)
- Subject examined: Ecological economics
- Lecture: 24 Hour(s)
- Exercises: 3 Hour(s)
- Practical work: 2 Hour(s)