Course Code & Number
ECON 372
Course Title
Environmental Economics
Credit Hours/ ECTS Credits
(3+0+0) 3 TEDU Credits, 6 ECTS Credits
Mode of Delivery:
Face-to-face
Language of Instruction:
English
Pre-requisite / Co-requisite:
Pre-requisites: ECON 211
Co-requisites: NONE
Catalog Description
Linkages between economic activities and the environment. Economic methods and tools to analyze basic environmental issues. Social cost. Choice of policy instrument. Analysis of enforcement of regulations. Estimating benefits of environmental improvements.
Course Objectives
This course is designed to enable students to understand the linkages between economic activities and the environment. This course aims at equipping students with economic methods and tools to analyze basic environmental issues while strengthening group work skills. This course combines theoretical analysis with discussions on specific environmental policies as applied to water, air pollution, energy, climate change and human health issues.
Software Usage
Students will use Stata 12, MS Office applications (Word, Excel, Access, Powerpoint) to work on their weekly assignments about 2 hours a week.
Course Learning Outcomes
Upon succesful completion of this course, a student will be able to
1. Evaluate the role of economic theory and principles in sustainable resource management.
2. Identify and evaluate environmental and resource issues from an economic perspective.
3. Apply the principles and concepts of economic theory to resolving environmental and resource issues.
4. Identify, formulate, evaluate and discuss policies and programmes for resource and environmental management and resolution of conflicts.
5. Demonstrate understanding of verbal, graphical, mathematical and econometric representation of economic ideas and analysis, including the relationship between them.
6. Communicate effectively and clearly in written and oral formats.
Learning Activities and Teaching Methods:
Telling/Explaining
Discussion/Debate
Questioning
Reading
Collaborating
Case Study/Scenarion Analysis
Video Presentations
Oral Presentations/Reports
Guest Speakers
Web Searching
Assessment Methods and Criteria:
Test / Exam
Quiz
Presentation (Oral/Poster)
Assessment Methods and Criteria Others:
Recommended Reading
1. Kolstad. C., Environmental Economics. 2nd Edition , Oxford University Press, Oxford, 2010.
2. Hanley. N., J.F. Shogren. and B. White, Environmental Economics, In Theory and Practice. Macmillan, London, 1997.
Required Reading
1. Field. B.C. and M.K. Field, Environmental Economics; An Introduction. 4th Edition, McGraw-Hill/Irwin, New York, 2005.
Learning Activities and Teaching Methods Others:
Course & Program Learning Outcome Matching:
