ECONOMICS OF SUSTAINABLE DEVELOPMENT in Spring 2024 (EC3043)

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This course familiarizes students with concepts and methods that are used in the analysis of the interaction between the economy, the environment and society, and studies the range of policies that can be applied to environmental and social problems. The key issue is how markets can be made to work for sustainable development.

Course Master: 
ECONOMICS OF SUSTAINABLE DEVELOPMENT (EC3043)
Term: 
Spring 2024
Discipline: 
EC (Economics)
Credits: 
4 credits
Type: 
Regular
Level: 
Undergraduate
Can be taken twice for credit?: 
No
Exam Date: 
Tuesday, May 14, 2024 - 16:00
Pre-requisites: 
(EC2010 OR EC2010GE110) AND (EC2020 OR EC2020GE110)
Co-requisites: 
None

Professor(s)

Learning Outcomes

  1. Appreciate the role of market mechanisms in sustaining natural resources.
  2. Be able to evaluate the outcomes of various approaches to externality control, including administratively set standards, decentralized policies, and incentive-based strategies;
  3. Be aware of different approaches to the economic valuation of environmental assets, including stated and revealed preference methods;
  4. Understand the economic principles of supply and demand, welfare analysis, and market failure, when applied to environmental and natural resource issues;

Syllabus

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Book List

TitleAuthorPublisherISBN Number
ENVIRONMENTAL & NATURAL RESOURCE ECONOMICS 12TH ED
TIETENBERG, TOM & LYNNE LEWIS
Taylor & Francis
9781032101194

Schedule

Start Date: 
Monday, January 15, 2024
End Date: 
Tuesday, May 14, 2024
DayStart TimeEnd TimeRoom
Tuesday
16:55
18:15
G-102
Friday
16:55
18:15
G-102