Environmental and natural resource economics

A.Y. 2018/2019
8
Max ECTS
72
Overall hours
SSD
SECS-P/01
Language
English
Learning objectives
This course provides an introduction into the principles of environmental economics, with a focus on policy applications. The principal problem in any economics course is how to best allocate scarce resources. This holds true for environmental economics as well. However, environmental resources differ from other goods that economists study in that there is usually no market for them. Thus, government policies are needed to maintain and improve environmental quality. Similar considerations will be made for natural resources, both exhaustible and renewable, where policies are needed to determine the optimal rate of exploitation.
Expected learning outcomes
Undefined
Course syllabus and organization

Single session

Lesson period
Second semester
Course syllabus
An introduction to natural resource and environmental economics; The origins of the sustainability problem; Welfare economics and the environment; Pollution control: targets and instruments; Cost-benefit analysis; Valuing the environment; The efficient and optimal use of natural resources; The theory of optimal resource extraction: non-renewable resources; Stock pollution problems; Renewable resources; International environmental agreements.
SECS-P/01 - ECONOMICS - University credits: 8
Practicals: 16 hours
Lessons: 56 hours
Professor(s)
Reception:
Thursday 14.30-17.30 or by appointment via mail. For thesis and dissertation appointment by mail requested
Office #16 1st floor D.ESP