Last modified: 13 Jul 2022 16:50
One important issue in environmental economics is the control of externalities, where one firm’s or one individual’s actions affect other people. The course addresses this topic focusing on pollution and climate change as key examples. A second topic involves the study of exhaustible resource markets, including issues such as the determinants of the long run price of oil and the sustainable use of natural resources. Other issues related to energy and the management of common property resources such as fisheries may also be discussed.
The course is intended primarily for honours undergraduates in Economics.
|Session||Second Sub Session||Credit Points||30 credits (15 ECTS credits)|
This course covers both environmental economics and the economics of natural resources.
Information on contact teaching time is available from the course guide.
2,000-word essay (40% each)
2-hour exam (60%)
2-hour exam (100%)
There are no assessments for this course.
|Knowledge Level||Thinking Skill||Outcome|
|Factual||Remember||ILO’s for this course are available in the course guide.|
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