290009 Economic Theory of Environmental Policy

Detaljer
Fødevareøkonomisk Institut
Tidligst mulig placeringKandidat 1.år til Kandidat 2. år
VarighedEn blok
 
Pointværdi7.5 (ECTS)
KursustypeKandidatkursus
 
EksamenLøbende eksamen

skriftlig og mundtlig eksamen

Portfolio eksamen


Alle hjælpemidler tilladt

Beskrivelse af eksamen: 3 exercises (2 pages each) 1 paper (6 pages) and presentation of paper

Vægtning: Each exercise 15% (total 45%) Paper 45% Presentation 10%



7-trinsskala, intern censur
 
Rammer for undervisningLectures and exercises
 
BlokplaceringBlock 1
Ugestruktur: A
 
UndervisningssprogEngelsk
 
Obligatoriske forudsætningerMicroeconomics (BA) Environmental and natural resource economics (BA) Welfare economics and policy analysis
 
Begrænset deltagerantalNone
 
Kompetenceområder
Competences obtained within basic science:

Understanding and comprehension of the economic theory of environmental policy
Transfer of the theories to new areas within environmental economics
Being able to evaluate the possibilities and limitations of the theory

Competences obtained within applied science:

Comprehend the causes of pollution and the methods used to regulate pollution
Apply the knowledge obtained to new environmental issues

Competences obtained within ethics & values:

Is able to discuss to the ethical problems with economic incentive regulation
 
Kursets målsætning
It is the objective of this course to provide a comprehensive presentation of the theoretical and methodological aspects of the economic theory of environmental economics, especially of environmental policy.
 
Kursusindhold
The central themes of the course are causes of pollution and the design of incentive based policy instruments. The main components of the course are

1) Market failure as the explanation for pollution. Here several cases of market failure will be analyzed. Examples are externalities, common property goods and public goods.

2) The design of environmental policy instruments. Here the emphasis will be on instruments that set incentives to reduce emissions such as taxes, subsidies, tradable permit schemes and liability rules. Issues covered are the regulation of point and non-point pollution, emissions and ambient regulation, optimal regulation under uncertainty, uniformly and non-uniformly mixed pollutants and the political economy of instrument choice. Furthermore, in connection with taxes we will discuss the existence of a double dividend and under tradable permits the issue of market power will be analyzed.

3) International environmental problems. International environmental pollution causes some special problems compared with national pollution. the main problem here is that countries cannot be forced to reduce emissions when their pollution causes damage in other countries. In this part, we will discuss the origin of the problem and possible solutions such as side payments, issue linkage and coalition formation.


 
Undervisningsform
Teaching is given in the form of lectures, and practicals. The lectures will present the main themes of the course. The practicals deal with more technical issues and will give a platforms to discuss exercises.
 
Målbeskrivelse
Stipulated in "Areas of Competence the Course Will Address"
 
Litteraturhenvisninger
Hanley, N., Shogren, J.F. and White, B.: Environmental Economics in Theory and Practice, Macmillan Press, 2006.

Baumol, W.J., Oates, W.E.: The Theory of Environmental Policy, 2nd Edition, 1988.

Plus additional papers and articles
 
Kursusansvarlig
Peter Fristrup, pefr@life.ku.dk, Fødevareøkonomisk Institut/Afdeling for Miljø og Regional Udvikling, Tlf: 35333641
 
Studienævn
Studienævn NSN
 
Kursusbeskrivelsesomfang
forelæsninger60
teoretiske øvelser36
eksamen4
forberedelse106

206