At the end of this course, the students; 1) Learn the various environmental problems and the principal reaons for their existence. 2) Learn the relationship between the population and the use level of natural resources, and environmental problems. 3) Learn the various concepts of sustainability. 4) Learn optimal pricing of exhaustable resources. 5) Learn the relationship between the various property rights and the ways natural resources are exploited. 6) Learn optimal exploitation - management - of forests and such commercially valuable resources as fisheries. 7) Learn the use of quotas and transferable permits in the exploitation of commercially valuable environmental resources. 8) Learn water rights and costs and benefits of various water management systems. 9) Learn methods that can be followed in the prevention or control of water, air and soil pollution. 10) Learn the methods followed or that can be followed in the fight against air pollution and climate changes, at the national and international levels. 11) Learn the control of toxic and hazardous wastes. 12) Learn the management of solid waste and recycling.
MODE OF DELIVERY
Face to face
PRE-REQUISITES OF THE COURSE
No
RECOMMENDED OPTIONAL PROGRAMME COMPONENT
None
COURSE DEFINITION
This course teaches how to analyze the issues and problems related to environment and natural resources based on economic principles. Topics covered in the course include property rights, externalities, environmental appraisal, static and dynamic efficiency, natural resource use models over time, energy, recyclable resources, water resources, global warming and climate change, air pollution, water pollution and sustainable development. takes. The aim of the course is to increase the interest of the economics students in the very close relationship between natural resources and environment and economy.
COURSE CONTENTS
WEEK
TOPICS
1st Week
Valuing the Environment: Concepts
2nd Week
Valuing the Environment: Methods
3rd Week
Property Rights, Externalities and Environmental Problems
4th Week
Dynamic Efficiency and Sustainable Development
5th Week
The Population Problem
6th Week
The Allocation of Depletable and Renewable Resources
7th Week
Energy: The Transition from Depletable to Renewable Resources
8th Week
Midterm
9th Week
Economics of Pollution Control
10th Week
Water Pollution
11th Week
Environmental Justice
12th Week
Development, Poverty, and the Environment
13th Week
The Quest for Sustainable Development
14th Week
Visions of the Future
RECOMENDED OR REQUIRED READING
Tom Tietenberg and Lynne Lewis, Environmental & Natural Resource Economics, Pearson, 2009.
PLANNED LEARNING ACTIVITIES AND TEACHING METHODS
Lecture,Discussion
ASSESSMENT METHODS AND CRITERIA
Quantity
Percentage(%)
Mid-term
1
35
Assignment
1
15
Total(%)
50
Contribution of In-term Studies to Overall Grade(%)
50
Contribution of Final Examination to Overall Grade(%)
50
Total(%)
100
ECTS WORKLOAD
Activities
Number
Hours
Workload
Midterm exam
1
1
1
Preparation for Quiz
0
0
0
Individual or group work
14
3
42
Preparation for Final exam
1
30
30
Course hours
14
3
42
Preparation for Midterm exam
1
25
25
Laboratory (including preparation)
0
0
0
Final exam
1
1
1
Homework
1
4
4
Total Workload
145
Total Workload / 30
4,83
ECTS Credits of the Course
5
LANGUAGE OF INSTRUCTION
English
WORK PLACEMENT(S)
No
KEY LEARNING OUTCOMES (KLO) / MATRIX OF LEARNING OUTCOMES (LO)
