| Institute of Food and Resource Economics | |||||||||||||
| Earliest Possible Year | |||||||||||||
| Duration | 1 semester | ||||||||||||
| Credits | 12 (ECTS) | ||||||||||||
| Course Level | MSc | ||||||||||||
| Examination | evaluation of project report Aid allowed Description of Examination: 13-point scale, external examiner Dates of Exam: written exam: 50% Description of Examination: project report: 50% | ||||||||||||
| Organisation of Teaching | Lectures: 1 course module per week Practicals: 2 hours per week (Tidligere titel på kurset: Videregående miljøøkonomi) | ||||||||||||
| Block Placement | E6, fall Mondays 15-17 | ||||||||||||
| Teaching Language | English | ||||||||||||
| Optional Prerequisites | 095728 095221 095251 | ||||||||||||
| Course Objectives | |||||||||||||
| It is the objective of this course to provide a comprehensive presentation of the theoretical and methodological aspects of environmental economics - incorporating the environmental policy framework as well as economic valuation principles. | |||||||||||||
| Course Contents | |||||||||||||
| The central themes of the course are the design of incentive based policy instruments, economic valuation of environmental benefits, and the interface between economic analysis and ethics when addressing intergenerational distribution issues and sustainable development. Throughout, emphasis is placed on the integration of the biophysical aspects of environmental problems with the assessment of environment policy instruments and recommendations. The main components of the course are: 1. Externalities and the design of environmental policy instruments - with special emphasis on non-point sources of pollution. 2. The economic concept of value and measurement of environmental and natural resource benefits using non-market valuation methods. 3. Sustainable development, economic analysis and moral philosophy. | |||||||||||||
| Teaching And Learning Methods | |||||||||||||
| Teaching is in the form of lectures, practicals, and tutoring in relation to project work. Lectures will present the central themes of the curriculum while practicals will focus on exercises based on previous written exams and presentation of project work. Project work is conducted individually or in groups of up to 4 participants. Projects are based on the analysis of a theoretical/methodological subject or an empirical investigation/case study. Students are expected to allocate their course work equally between curriculum related activities and project work. | |||||||||||||
| Course Litterature | |||||||||||||
| Hanley, N., Shogren, J.F. and White, B.: Environmental Economics in Theory and Practice, Macmillan Press, 1997. Myrick Freeman, A.: The Measurement of Environmental and Resource Values: Theory and Methods, 2nd Edition, 2003. Baumol, W.J., Oates, W.E.: The Theory of Environmental Policy, 2nd Edition, 1988. Shortle, J.S. and Abler, D.G.: Nonpoint Pollution, in H. Folmer & T. Tietenberg (eds.): The International Yearbook of Environmental and Resource Economics 1997/1998, Edward Elgar, 1997. Garrod, G. & Willis, K.G.: Economic Valuation of the Environment: Methods and Case Studies, 1999. Ch. 3, pp. 55 - 81. Hanemann, W.M.: Contingent Valuation and Economics, in K.G. Willis & J.T. Corkindale (eds.), 1995, page 79-117. Palmquist, R.B.: Hedonic Models, in J.C.J.M. van den Bergh (ed.): Handbook of Environmental and Resource Economics, Edward Elgar Publishing, page 765-776,P | |||||||||||||
| Course Coordinator | |||||||||||||
| Alex Dubgaard, adu@life.ku.dk, Institute of Food and Resource Economics/Environmental Economics and Rural Development Div., Phone: 35332280 | |||||||||||||
| Study Board | |||||||||||||
| Study Committee NSN | |||||||||||||
| Course Scope | |||||||||||||
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