Environmental Economics for Engineers
ENV-620 / 2 credits
Teacher(s): Thalmann Philippe, Vielle Marc, Vöhringer Frank
Language: English
Remark: Next time: Spring 2022, Min. 5 persons
Frequency
Every 2 years
Summary
Economic analysis (supply, demand, prices, elasticities), applied to environmental issues: externalities, instruments of environmental regulation (voluntary approaches, incentive taxes, emissions markets), assessment of economic impacts and valuation of natural resources, cost-benefit analysis.
Content
Introduction to economics: supply, demand, markets and prices (3 periods, PT)
Environmental goods and environmental policy (6 p, MV)
Emissions trading (3 p, FV)
Economic decision making, in particular cost-benefit analysis (3 p, PT)
Assessment of economic impacts and valuation of natural resources (6 p, PT)
Decisions under uncertainty, economics of innovation (3 p, FV)
Environmental policy-making (3 p, PT)
Note
It will be organised in half-days on Wednesdays during the spring semester.
It will only be given for a minimum of 5 students.
Keywords
Environmental economics, environmental policy, cost-benefit analysis
Learning Outcomes
By the end of the course, the student must be able to:
- to understand the basic mechanisms of markets
- to explain the differences between the main types of instruments of environmental policy
- to explain the workings of these instruments
Resources
Bibliography
Bontems, P. and G. Rotillon (2013). L'Economie de l'Environnement, La Découverte
Sterner, T. and J. Coria (2012). Policy Instruments for Environmental and Natural Resource Management. Washington, DC, USA, RFF Press / Routledge
Ressources en bibliothèque
- Sterner and (2012). Policy Instruments for Environmental and Natural Resource Management
- Bontems and Rotillon (2013). L'Economie de l'Environnement
Websites
In the programs
- Exam form: Written (session free)
- Subject examined: Environmental Economics for Engineers
- Lecture: 24 Hour(s)
- Exercises: 3 Hour(s)
- Practical work: 2 Hour(s)