Unit name | Environmental Economics |
---|---|
Unit code | EFIM30004 |
Credit points | 20 |
Level of study | H/6 |
Teaching block(s) |
Teaching Block 2 (weeks 13 - 24) |
Unit director | Dr. Stephan Heblich |
Open unit status | Not open |
Pre-requisites |
Intermediate Economics 1 (EFIM20008) and either Econometrics (EFIM20011) or Applied Quantitative Research Methods (EFIM20010) |
Co-requisites |
None |
School/department | School of Economics |
Faculty | Faculty of Social Sciences and Law |
Environmental concern has become increasingly prominent as a matter for public debate and policy. Sustainable development, pollution, climate change and the exploitation of renewable and non-renewable resources are fundamentally resource allocation problems on which economics has much to say. This unit will address these real world environmental problems by building on microeconomic theory and quantitative methods from the first and second year.
The unit aims are:
At the end of the course students should have a good understanding of modern environmental economics and should be able to:
18 one hour lectures and 8 one hour classes in which students read journal articles and make presentations.
This pattern of teaching may be changed slightly to accommodate the Easter Vacation.
Unseen 3 hour exam (100%) in May/June which assesses all learning outcomes through a series of essays. Students answer 3 essays in total.
Formative Assessment (one essay of 1500 words or the equivalent) and one problem-solving exercise which are also designed to test the learning outcomes set above and to provide practice for the summative examination.