LOJF10218 Environmental and Natural Resource Economics

Detaljer
Ansvarligt institutFødevareøkonomisk Institut

English TitleEnvironmental and Natural Resource Economics
Tidligst mulig placeringBachelor 2. år til Kandidat 2. år
VarighedEn blok
 
Pointværdi7.5 (ECTS)
 
KursustypeFælleskursus
 
EksamenSluteksamen

skriftlig prøve


Skriftlig auditorieeksamen

Alle hjælpemidler tilladt

Beskrivelse af eksamen: Four hours written exam in curriculum

Vægtning: 100 %



7-trinsskala, intern censur

Eksamensdatoer:
20. juni 2012
 
Rammer for UndervisningLectures and Practicals
 
BlokplaceringBlock 4
Ugestruktur: C
 
UndervisningssprogEngelsk
 
Anbefalede forudsætningerLOJB10263 Public Economics and Policy Analysis
LOJB10259 Mikroøkonomi
LLEF10218 Consumer Economics and Policy
 
Begrænset deltagerantalNone
 
Kursusindhold
This course is an intermediary level course intended to provide students with a comprehensive introduction to environmental and natural resource economics. The presentation assumes that students have a good grounding in basic microeconomics.
Core components of the course are:
(a) Environmental sustainability concepts and ethics.
(b) The welfare economic foundation of environmental economics.
(c) Externalities and the design of policy instruments to address environmental problems.
(d) The economic concept of value and measurement of environmental benefits using non-market valuation methods.
(e) Optimal utilisation of renewable and non-renewable natural resources.

During the course students will develop a systematic understanding of the economic rationale behind the use of environmental policy instruments, economic valuation principles, and criteria for optimal use of natural resources.

 
Undervisningsform
Teaching is in the form of lectures, group work and practicals. Lectures will present the central themes of the curriculum while practicals will focus on exercises partly based on previous written exams in the various subjects addressed in the course.
 
Målbeskrivelse
The course gives a comprehensive introduction to the principles of environmental and natural resource economics. It will provide the participants with the knowledge needed to understand the economic aspects of environmental policy issues and the theoretical basis required to take advanced courses in environmental and natural resource economics at the graduate level.

Having completed the course it is expected that the student is able to:

Knowledge:
- Define externalities.
- Understand the economic principle behind the design of environmental policy instruments.
- Understand the issues associated with regulation of international environmental problems.
- Understand the welfare economic principles behind social discounting.
- Understand the principles underlying non-market economic valuation methods and cost-benefit analysis.
- Understand the principles behind optimal utilization of renewable and non-renewable natural resources.
- Understand the ethical positions underlying environmental sustainability concepts and discounting.

Skills:
- Identify relevant policy instruments to internalize different types of externalities.
- Evaluate the consequences of applying a policy instrument to address an environmental problem.
- Identify relevant project and policy appraisal methods.
- Evaluate alternative approaches to renewable and non-renewable natural resource utilization.

Competences:
- Apply the principles of environmental and natural resource economics to understand policy issues in these fields.


 
Litteraturhenvisninger
Perman, R., Y. Ma, M. Common, D. Maddison & J. McGilvray: Natural Resource and Environmental Economics, Pearson Education Limited, 4th edition, 2011.
 
Kursusansvarlig
Alex Dubgaard, adu@life.ku.dk, Fødevareøkonomisk Institut/Faggruppe for Miljø- og Naturressourceøkonomi, Tlf: 353-32280
 
Studienævn
Studienævn NSN
 
Kursusbeskrivelsesomfang
forelæsninger42
teoretiske øvelser24
forberedelse136
eksamen4
kollokvier0
ekskursioner0
projektarbejde0
vejledning0

206