Aims and objectives
The main objectives of the first part of this module can be summarised in a series of questions as represented on a module map on the following page. These objectives are also listed in more detail below under the heading of 'Enabling objectives' - so called because achieving these objectives will enable you to achieve the 'Terminal objective' for this module which is listed at the bottom of this page. The Terminal objective is the main aim of this part of the module.

Module objectives / Learning outcomes
Enabling objectives:

After studying Part 1 of the module you should be able to:

• explain the basic principles of economics;

• describe what is meant by the term 'market' in economics, this is fundamental
• to understanding how economics can be used in dealing with environmental issues;

• explain how economics can be useful in protecting the environment;

• discuss ways in which we can assess developments using economic instruments
• to take account of the environment;

• describe and discuss different economic methods aimed at protecting the environment;

• combine the accumulated knowledge to determine how economics can be a
• valuable tool in carrying out an EIA.

Terminal objective :

• To understand what is involved in economic considerations of the environment and how this can help with project design aimed at reducing environmental impacts.