Environmental Economics and Policy
A.Y. 2025/2026
Learning objectives
To provide the knowledge base of economics (political economy, enterprise economy and macroeconomics) to reach a level of knowledge sufficient to interpret their action in the context of society and, in particular, for the understanding of the economics of environmental issues , from sustainability and resource management, through the study of incentives, leading to the consideration of the effects of environmental change and land in terms of value.
Expected learning outcomes
Interpretive skills of the political economy, economic policy and economic aspects of environmental and ecolocical policy. Basic knowledge for the valuation of environmental assets, projects, damage and services.
Lesson period: Second semester
Assessment methods: Esame
Assessment result: voto verbalizzato in trentesimi
Single course
This course cannot be attended as a single course. Please check our list of single courses to find the ones available for enrolment.
Course syllabus and organization
Single session
Responsible
Lesson period
Second semester
Course syllabus
Part One - Microeconomics
Theory of Demand and Supply
Demand and supply of goods, price determination, market equilibrium
Price and income elasticity of demand
Production function, production costs, and elasticity of supply
Market structures and firm decisions
Part Two - Economics and the Environment
Market Functioning and Causes of Market Failure
Public intervention failure
Main tools of public intervention
Environmental control policies
Using the market to protect the environment
Establishment of taxes for environmental use
Trade of environmental permits and the European Union Emissions Trading System (EU ETS)
Setting environmental standards
Ecological taxes and the case of European plastic regulation
Food system and the environment
Nudging-based policies
Theory of Demand and Supply
Demand and supply of goods, price determination, market equilibrium
Price and income elasticity of demand
Production function, production costs, and elasticity of supply
Market structures and firm decisions
Part Two - Economics and the Environment
Market Functioning and Causes of Market Failure
Public intervention failure
Main tools of public intervention
Environmental control policies
Using the market to protect the environment
Establishment of taxes for environmental use
Trade of environmental permits and the European Union Emissions Trading System (EU ETS)
Setting environmental standards
Ecological taxes and the case of European plastic regulation
Food system and the environment
Nudging-based policies
Prerequisites for admission
No prior knowledge is required
Teaching methods
Frontal teaching is the main teaching method. Attendance at teaching is strongly recommended.
Teaching Resources
The slides of the teaching lessons and other references are regularly updated and are available on the MyAriel platform.
- Microeconomia- J. Sloman, D. Garratt, Elementi di economia, Il Mulino
- Economia dell'ambiente - Kerry Turner, David Pearce, Ian Bateman, "Economia Ambientale", Il Mulino
- Microeconomia- J. Sloman, D. Garratt, Elementi di economia, Il Mulino
- Economia dell'ambiente - Kerry Turner, David Pearce, Ian Bateman, "Economia Ambientale", Il Mulino
Assessment methods and Criteria
The final exam consists in an oral test, rating out of thirty, aimed at ascertaining the knowledge acquired about the basic principles of economic theory, the functioning of the markets and the most important instruments for controlling the environment and the territory. There are no differences in verification between attending and non-attending students. Students with DSA and disabilities are asked to contact the teacher via email 15 days before the exam to agree on any individualized measures. In the email addressed to the teacher it is necessary to cc the respective University Services: [email protected] and [email protected]
AGR/01 - AGRICULTURAL ECONOMICS AND RURAL APPRAISAL - University credits: 6
Lessons: 48 hours
Shifts: