Economics

Environmental Economics

Module code: L1088
Level 5
15 credits in spring semester
Teaching method: Lecture, Seminar
Assessment modes: Coursework, Take away paper

The module Environmental Economics gives an introduction to the economics of the environment and environmental policy.The module discusses externalities, optimality, sustainability, cost-benefit analysis and their ethical foundations; methods for valuing environmental goods and services; policy instruments for pollution control; environment and development; environment and trade; and environmental accounting for countries and corporations. In the seminars the concepts of the lectures will be applied to environmental problems such as air pollution, climate change, acidification and eutrophication.

Module learning outcomes

• Demonstrate knowledge of the core principles of environmental economics and management.
• Critically assess an environmental problem and propose solutions using an appropriate economic framework.
• Deploy key techniques in the field of environmental economics.
• Demonstrate a competence in assessing complex and multi-faceted issues in public policy.