n.MA.ENR.EnEc.18FS (Environmental Economics) 
Module: Environmental Economics
This information was generated on: 29 March 2024
No.
n.MA.ENR.EnEc.18FS
Title
Environmental Economics
Credits
3

Description

Version: 3.0 start 01 August 2020
Studiengang
Degree Program
MSc in Environment and Natural Resources
Arbeitsaufwand
Workload
90 hours (35 h contact lessons, 55 h self-study)
Modulleitung
Module Coordinator
Raushan Bokusheva
 
Dozierende
Lecturers
Raushan Bokusheva and Martina Bozzola
 
Eingangskompetenzen
Entry Requirements
Although there is no formal requirement to enrol to this module, basic knowledge of microeconomics principles (e.g. negative externalities, market failure) is an asset.
Ausgangskompetenzen
Learning Outcome and Competences
PROFESSIONAL COMPETENCE

The students are able to
  • identify the most important contemporary issues in environmental economics,
  • discuss the principles and rationale for environmental valuation and cost benefit analysis,
  • use economic arguments to inform and discuss environmental policy proposals.
METHODICAL COMPETENCE

The students are able to
  • apply concepts from environmental economics to real life scenarios,
  • identify and compare different economic instruments such as taxes and trading in environmental management,
  • identify, apply and compare different methodologies to value the environment,
  • comprehend basic principles of environmental and resource economics.
SELF- AND SOCIAL COMPETENCE

The students have the following competences
  • self-assessment and self-reflection,
  • information presentation and interpretation,
  • written communication (assessed in report assignment and examinations),
  • oral communications (developed in verbal presentations and discussion with the class).
Inhalte
Module Content
  • introduction and overview of environmental economics, sustainability, economic growth, principle of (micro-)economics
  • ​environmental economics, sustainability, economic growth 
  • climate change economics + introduction to group work assignment
  • market failures and the need for environmental policy
  • pollution as a market failure
  • conomics of pollution control: Instruments (an overview)
  • economic growth and the environment
  • valuing the environment via stated and revealed preferences
  • exploiting and managing natural resources – non-renewables
  • renewable resources - fisheries
  • written exam
  • presentation and discussion of group work
Lehr-/Lernmethoden
Teaching / Learning Methods

Lectures, discussions, group/individual work and oral presentations, home work, literature study

Leistungsnachweis
Assessment of Learning
Outcome
The assessment of learning outcome is composed as follows
  • written exam
  • individual assignment and presentation
Bibliographie
Bibliography
Compulsory reading and further contributions for in-depth study of the topics covered will be announced at the beginning of the semester.
Unterrichtssprache
Language
English
Bemerkungen
Comments
The module coordinator decides on the possibility of supplementary examinations (SO §11) and resubmissions of work (SO §12).

Note