ECON3161: ENVIRONMENTAL ECONOMICS AND POLICY

• Microeconomics (ECON2021) OR Economic Theory (ECON2291)

• None.

• None.

• To provide, by building on the skills and knowledge from level 2, an understanding of the contribution of economic analysis to the solution of environmental problems. In addition, it seeks to provide students with the skills necessary to analyse and discuss current policy issues concerning the protection of the environment.

• In addition to presenting the background to the problem of environmental degradation, externalities and public goods, topics are likely to be drawn from the following list:
• Double dividends of environmental taxation
• Voluntary agreements
• International environmental problems
• Economics of natural resources
• Kuznets curves
• Non-point source pollution
• Forestry economics
• The political economy of environmental policy

Subject-specific Knowledge:

• At the end of the module the students will be able to:
• Understand the contribution of economic analysis to the solution of environmental problems
• Understand the role of free markets and/or government intervention to deal with environmental problems
• Develop a critical knowledge of the protection of the environment from an economic standpoint

Subject-specific Skills:

• At the end of the module, students will be able to:
• make use of algebra and graphical analysis.
• analyse environmental economics issues.
• discuss current political strategies for the protection of the environment.

Key Skills:

• Written Communication - through summative assessment.
• Planning, Organisation and Time Management - by preparing for examinations.
• Problem Solving and Analysis - e.g. by applying the necessary analytical and quantitative skills, as well as the ability to manipulate concepts in environmental economics and policy, in undertaking assessed work.
• Numeracy - e.g. by applying core mathematical and statistical skills to answer a range of examination questions.

• Teaching is by lectures, seminars and support for student-centred learning. Learning takes place through attendance at lectures, preparation for and participation in tutorial classes, and private study. Formative assessment to help prepare for the examination. Summative assessment is by means of an in-person examination.

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