Environmental and Resource Economics 2400-ZEWW743
The aim of the course is to outline main issues of environmental economics and policy. Particular emphasis is placed on discussing the role of markets, as well as questions of economic efficiency in using the natural environment and its resources. The lecture is recommended for both Polish and international (Erasmus) students interested in environmental issues. Basic text: H. Folmer and H. L. Gabel (eds.), Principles of Environmental and Resource Economics. A Guide for Students and Decision-Makers. Second Edition, Edward Elgar Publishing 2000; pages indicated refer to this text. As an additional reference students may use any environmental economics textbook, e.g. W. Buchholz, C. Reif, D. Rübbelke, Foundations of Environmental Economics: An Introduction to the Economic Analysis of National and International Environmental Challenges, Springer 2024
Topics:
01 Review of contemporary environmental problems and their economic contexts. Basic concepts of a market economy. Efficiency of competitive markets pp.xxi-xxxii, 3-33.
02 Market failures accompanying external effects and public goods; pp.3-33.
03 Correcting for externalities. Coase theorem, Pigouvian taxes, marketable permits; pp.3-33.
04 Public policies. Democracy and environmental protection; pp.363-395.
05 Decision making under uncertainty; pp.396-419.
06 Intertemporal choice. Discounting; pp.104-129.
07 Economics of exhaustible resources. Hotelling rule; pp.665-699.
08 Economics of renewable resources. Maximum Sustainable Yield concept. Immobile resources; pp.665-699.
09 Economics of renewable resources. Mobile resources; pp.665-699.
10 Welfare indices and the environmental resource base. Environmental damages and national product; pp.564-601.
11 Economic role of environmental resources. Valuing the environment and valuation methods; pp.34-103
12 Environmental policy: goals, principles and constraints. Typical policy failures; pp.130-156.
13 Environmental policy instruments I; pp.157-201.
14 Environmental policy instruments II (applied marketable permits); pp.157-201.
15 "Eco-taxation" issues; pp.529-563.
Oral exam (there will be 2-3 simple questions asked in order to check if students understand basic concepts introduced in the class)
Szacunkowy nakład pracy studenta:
Typ aktywności K (kontaktowe) S (samodzielne)
wykład (zajęcia) 30 0
ćwiczenia (zajęcia) 0 0
egzamin 1 0
konsultacje 15 0
przygotowanie do ćwiczeń 0 0
przygotowanie do wykładów 0 10
przygotowanie do kolokwium 0 0
przygotowanie do egzaminu 0 19
… 0 0
Razem 46 29 = 75
|
Term 2025Z:
None |
Course coordinators
Type of course
Learning outcomes
Students have a deepened knowledge of selected methods and analytical instruments, including socio-economic modeling.
Students have a deepened knowledge of selected institutions and – thanks to emphasizing their continuity – their historical evolution
Students are able to understand and analyze economic phenomena, as well as to evaluate tchem theoretically
Students acquire language skills thanks to taking the course offered in English
SU05, SU06, SK01, SK03, SU04, SU03, SU02, SU01, SW03, SW02, SW01, SW04, SW05, SK02, SK04
Assessment criteria
Oral exam (there will be 2-3 simple questions asked in order to check if students understand basic concepts introduced in the class). Grading will take into account oral exam (78%), class attendance (12%), and class performance (10%).
Bibliography
H. Folmer & H. L. Gabel (eds.), Principles of Environmental and Resource Economics, Edward Elgar, Chelthenham 2000