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n.MA.ENR.EnEc.18FS (Environmental Economics) 
Module: Environmental Economics
This information was generated on: 27 April 2025
No.
n.MA.ENR.EnEc.18FS
Title
Environmental Economics
Credits
3

Description

Version: 6.0 start 01 February 2025
Studiengang
Degree Program		 MSc in Environment and Natural Resources
Arbeitsaufwand
Workload		 90 hours (32 h contact lessons, 58 h self-study)
Modulleitung
Module Coordinator		 Raushan Bokusheva
 
Dozierende
Lecturers		 Raushan Bokusheva and various internal lecturers
 
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.  
  • Principles of (Micro)economics. Market Failures and the need for environmental policy.
  • Valuing Environmental Goods & Services.
  • Valuing the environment via stated preferences.
  • Valuing the environment via revealed preferences.
  • Cost-benefit analysis.
  • Climate Change Economics.
  • Pollution as a market failure. Economics of pollution control: Instruments (an overview).
  • Written Exam / Feedback and evaluation of the course (by students).
  • Group Presentations on specific topics: Presentation based on an academic paper
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
  • final written exam (60%)
  • individual assignment and presentation (40%)
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		 -

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