Environmental economics

A.Y. 2021/2022
Overall hours
Learning objectives
The course aims to show how to use the essential concepts of economic theory for an appropriate management of the environment and natural resources. The course therefore aims to familiarize students with the principles of sustainable development and sustainability, with the essential elements of economic analysis of the environment and pollution, with the economic evaluation of environmental assets and with the economic fundamentals of heating global and climate change.
Expected learning outcomes
At the end of the course the student will have knowledge regarding the analysis of environmental policies and will be able to critically process the information acquired according to the keys of economic theory and theories on the environmental sustainability of economic systems.
The student will have acquired competence on the fundamentals of economic analysis of environmental problems and on the objectives and instruments of pollution control policies.
Course syllabus and organization

Single session

Lesson period
Second semester
The course will be given in dual mode. Lectures will be held both in person and online according to the time schedule (synchronous mode) via the Teams platform. Students who do not participate in face-to-face classes will still be able to carry out the same online activity in order to develop the same skills acquired through the activities proposed in the classroom. The schedule of lectures and all the details of the activities will be published on the program website (https://spa.cdl.unimi.it/it) before the beginning of the classes. Any update will also be communicated directly to students (chceck often your mail @students.unimi.it). Also often chack the ARIEL teaching page for specific teaching notices. The methods and criteria for participating in face-to-face lessons, which require a reservation with the appropriate app, will be published on the course website.
Course syllabus
The topics covered during the course will be:
· The environment and the economic system
· Sustainability and sustainable Development
· The economic analysis of pollution
· The economic instruments of environmental policy
· The value of the environment
· Cost-benefit analysis
· Economics of climate change
Prerequisites for admission
- Math
- Microeconomics
Teaching methods
Lectures in classrom. Attendance is essential. During classes the teacher will use Power Point presentations to illustrate the course contents. The presentations will be made available to students on the course website on the Ariel platform. The recorded lectures will be available on Teams platform. If general health conditions prevent this setup, lectures will be held online in synchronous mode.
Teaching Resources
Power Point presentations by the teacher. Textbooks:
· D.Pearce e R.K.Turner, Economia delle risorse naturali e dell'ambiente, Bologna: il Mulino, 1991
· I. Musu, Introduzione all'economia dell'ambiente, Bologna: il Mulino, 2003
Assessment methods and Criteria
The final exam is written and consists of multiple choice and possibly open questions. If the course is given in person mode, depending to the number of attending students, participants may be asked to prepare individual or group presentations in class on pre-assigned topics.
SECS-P/01 - ECONOMICS - University credits: 6
Lessons: 48 hours
Educational website(s)
Thursday 14.30-17.30 or by appointment via mail. For thesis and dissertation appointment by mail requested
Office #16 1st floor D.ESP