EC33710 - ENVIRONMENTAL ECONOMICS

Module Identifier	EC33710
Module Title	ENVIRONMENTAL ECONOMICS
Academic Year	2001/2002
Co-ordinator	To Be Arranged
Semester	Intended for use in future years
Next year offered	N/A
Next semester offered	N/A
Pre-Requisite	EC32410
Course delivery	Lecture	10 Hours
	Seminars / Tutorials	4 Hours
Assessment	Course work		20%
	Exam	1.5 Hours	80%

Aims

The aim of the course is to give students an introduction to the sub-discipline of environmental economics and to introduce a planetary perspective to their understanding of other major economics topics.

Learning outcomes

On completion of the course students will:

Understand the role of environmental economics and how it fits within the overall economics paradigm
Have familiarity with the central problems of environmental policy-making, particularly measurement and valuation
Be able to assess the relevance of the 'limits to growth' thesis
Understand the interpretation of pollution as an example of market failure
Know the meaning of resource scarcity and how to measure it
Be able to assess the relative merits of government regulation and market incentives as methods of environmental management
Understand the central role of equity concerns within environmental economics
Be able to assess the effect of global free trade on the environment
Have familiarity with progress made in international agreements on environment protection

Reading Lists

Books
Ahmed M Hussen. (2000) Principles of Environmental Economics: Economics, Ecology and Public Policy. Routledge
Charles D Kolstad. (2000) Environmental Economics. Oxford University Press
Tom Tietenberg. (2000) Environmental and Natural Resource Economics. 5th. Longman
David W Pearce and R Kerry Turner. (1990) Economics of Natural Resources and the Environment. Harvester Wheatsheaf
Richard Douthwaite. (1999) The Growth Illusion. 2nd. Green Books, Totnes