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GG5031: LAND AND ENVIRONMENTAL ECONOMICS (2014-2015)

Last modified: 28 Jun 2018 10:27


Course Overview

To understand and apply economic principles to contemporary issues concerned with land management, land development, nature conservation and the environment. Part of the course looks at Land Economics, and this examines the real estate development process and development economics. This is a core part of what RICS surveyors do. A substantive part of the course also looks at Environmental Economics including the costs and benefits of alternative environmental policies to deal with land management, nature conservation, water quality and global warming issues. Sustainability issues are introduced in the course.

Course Details

Study Type Postgraduate Level 5
Session First Sub Session Credit Points 15 credits (7.5 ECTS credits)
Campus None. Sustained Study No
Co-ordinators
  • Mr John Carnie

What courses & programmes must have been taken before this course?

None.

What other courses must be taken with this course?

None.

What courses cannot be taken with this course?

None.

Are there a limited number of places available?

No

Course Description

The course covers environmental economics and also land economics and will examine the following topics: 

  • Introduction to application of economic principles – macro and micro

  • Managing externalities and options for valuing the environment and landscapes

  • Economic Development Overview – incl. rural economic development 
  • Development Economics - Main actors in real estate development process - Appraisals – Valuations
  • Development Economics - Shaping markets – making plans and reforming institutions - Shaping markets by strategic transformation - Regulating real estate markets - Market Stimulus

  • Econ Value of upland Landscapes - Choice Experiment and Contingent Valuation

  • Land use in the Scottish hills and uplands: how can economics help create complementarity and avoid conflicts?

  • Ecosystem services - Incl. payments -Bring in more CNPA examples - Wild Ennerdale water example Ospreys – Lakes

  • Economic impacts of projects

  • Site Visit – Glen Tanar & River Dee Trust

Further Information & Notes

none

Contact Teaching Time

Information on contact teaching time is available from the course guide.

Teaching Breakdown

More Information about Week Numbers


Details, including assessments, may be subject to change until 31 August 2023 for 1st half-session courses and 22 December 2023 for 2nd half-session courses.

Summative Assessments

One three hour exam (60%) and one essay (40%)

Formative Assessment

There are no assessments for this course.

Feedback

None.

Course Learning Outcomes

None.

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