The purpose of this course is to introduce current topics and methods in Environmental Economics. The course covers topics such as pressing environmental and natural resource issues and possible solutions in terms of choices, tradeoffs, and scarcity, i.e. This course provides economic principles and tools that are used to mitigate pollution, climate change and the use of renewable natural resources such as forests and fisheries, as well as the problem of managing non-renewable resources.
A multi-disciplinary approach will be adopted in the analysis of the relationships between economic growth and the environment. Throughout the course, we will be discussing the real world environmental problems such as pollution, climate change, water policy, conservation and natural resource management in the developed and developing world.
Prerequisite(s)
Corequisite(s)
Special Requisite(s)
Instructor(s)
Course Assistant(s)
Schedule
Office Hour(s)
Teaching Methods and Techniques
Principle Sources
Other Sources
Course Schedules
Week
Contents
Learning Methods
1. Week
Introduction: Development of environmental thinking in economics
Presentation and active participation inclass discussion
2. Week
Alternative definitions and measurements of sustainability
Presentation and active participation inclass discussion
Presentation and active participation inclass discussion
5. Week
Environmental Valuation
Presentation and active participation inclass discussion
6. Week
Environmental Valuation
Presentation and active participation inclass discussion
7. Week
Public Policies for Natural Resources and the Environment
Market Failures (externalities)/ The Coase Theorem
Presentation and active participation inclass discussion
8. Week
Midterm
9. Week
Midterm
10. Week
Economic Efficiency, Benefits and Costs
Presentation and active participation inclass discussion
11. Week
Economic Efficiency, Benefits and Costs
Presentation and active participation inclass discussion
12. Week
PresentationsThe Political Ecologies of Minerals, Forests and Water
Presentation and active participation inclass discussion
13. Week
The Political Ecologies of Land Use and Energy
Presentation and active participation inclass discussion
14. Week
Presentations
Student group presentations
15. Week
Final Exam
16. Week
Final Exam
17. Week
Assessments
Evaluation tools
Quantity
Weight(%)
Midterm(s)
1
10
Homework / Term Projects / Presentations
1
30
Attendance
1
10
Final Exam
1
50
Program Outcomes
PO-1
Comprehends both theoretical and applied subjects in international trade at the advanced level, and uses his/her knowledge when necessary.
PO-2
Analyses basic concepts and data related to International Trade and Economics by scientific methods, interprets those with analytically, and evaluates those with regard to economic issues.
PO-3
Express his/her thoughts, comments and evaluations related to International Trade discipline both in written and oral forms.
PO-4
Defines current problems, and proposes solutions which are supported by evidence and research based quantitative and qualitative data.
PO-5
Inspects how public and private sector enterprises engaged in trade activities operates in practice, and evaluates the continuities and the dynamism in these sectors.
PO-6
Defines and tracks local, regional (such as European Union or Middle East) and global issues from the point of political economics, and relates these issues to each other.
PO-7
Possesses sufficient knowledge in other disciplines related to International Trade (such as Economics, Finance, International Business and Law), and reports this information.
PO-8
Follows publications and research in International Trade, Globalisation and Financial Systems in the English language, and communicates with his/her colleagues internationally.
PO-9
Uses a second language (Russian, Chinese, etc.) at the intermediate level.
PO-10
Possesses ethical principles and scientific values in collection, interpretation and release of data.
Learning Outcomes
LO-1
explains the ecological, economic and social dimensions of sustainable development as well as the concept of strong and weak sustainability
LO-2
sets the connection between natural resource use, planetary boundaries, economic growth and sustainable development
LO-3
formulates economic explanations for environmental problems
LO-4
evaluates the possibilities and limitations of environmental economic valuation methods
LO-5
interprets different approaches and methods in environmental valuation
