2022/2023
Introduction to Environmental Economics
Category 'Best Course for Broadening Horizons and Diversity of Knowledge and Skills'
Category 'Best Course for New Knowledge and Skills'
Type:
Mago-Lego
Delivered by:
School of World Economy
When:
2, 3 module
Open to:
students of one campus
Instructors:
Igor A. Makarov
Language:
English
ECTS credits:
6
Contact hours:
40
Course Syllabus
Abstract
This introductory course aims at studying the economic aspects of the interaction of economic agents with the environment, as well as the interaction between different economic agents on issues related to environmental degradation. Students will learn about the current state of the world's environment; get to know the main environmental policy instruments at the international, regional and national levels; learn how to apply analytical tools of micro- and macroeconomics for the analysis of environmental policies; get an idea of how companies and states integrate environmental issues into their strategies.
Learning Objectives
- to form students' understanding of the theoretical aspects of the relation between human economic activity and the state of the environment
- to create students' understanding of the current state of global environment
- to familiarize students with the main instruments of environmental policy at the international, regional and national levels
- to develop students' skills in the use of economic instruments for the analysis of environmental problems
- to form students' ability to work with academic literature as well as with statistical databases on environmental economics
Expected Learning Outcomes
- A student knows the basic theoretical approaches to the economic analysis of environmental problems
- A student uses the tools of economic theory for solving research and practical tasks related to the interaction of man and nature
- A student evaluates measures taken by both the international community and individual states to address environmental issues
Course Contents
- Introduction. Sustainable development
- Economic valuation of the environment. Externalities
- Environmental policy instruments
- Tragedy of the commons. Fisheries
- Climate change. Economics of damage
- Climate change. Economics of greenhouse gas emissions reduction
- Climate change. Economics of international cooperation
- Water resources
- Environment in corporate strategies. Green technologies
- Project
Assessment Elements
- Classroom work
- QuizQuiz includes a set of 7-8 tasks, including tasks that require a numerical answer, as well as open questions that require a detailed answer. The maximum score is 10 points.
- ProjectThe course participants will receive creative tasks where they are required to use methods of environmental economics to solve problems faced by companies or governmental agencies. Ones need to complete these tasks independently at home and prepare a presentation to deliver at seminars. The maximum project score is 10 points.
- ExamExam is conducted in written form and includes a set of 10-12 tasks, including tasks that require a numerical answer, as well as open questions that require a detailed answer. The maximum score (while completing all the tasks) is 10 points. It is not allowed to use papers or electronic devices during the exam. If the student violates this rule, he/she is excluded from the exam.
Interim Assessment
- 2022/2023 3rd module0.2 * Project + 0.3 * Classroom work + 0.2 * Quiz + 0.3 * Exam
Bibliography
Recommended Core Bibliography
- Lawrence H. Goulder, & Donald Kennedy. (2009). Interpreting and Estimating the Value of Ecosystem Services. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsbas&AN=edsbas.8CC1782A
Recommended Additional Bibliography
- Environmental economics, Kolstad, C. D., 2009