M.INC.ERST.632: Economics in Environmental Policy
Learning outcome
Prescription: Economic models of environmental decisions. Applied cost-benefit analysis. Economic analysis of policy instruments. Co-dependency of economics, ecology, and human behaviour.
Aim: This subject aims to develop the ability to apply economic analysis to:
- Identify efficient resource use
- Model dynamic interactions between economic, natural and social aspects of the environment
- Aid in the development of environmental policy instruments
- Critically evaluate environmental policies
Courses and examination
- Lecture. Exam: Assignments & Projects, Final Exam
Prerequisite for examination: After successful completion of this subject participants will be able to:
- Design, analyse and evaluate cost-benefit analyses
- Develop theoretical bio-economic models
- Develop simple computer based applications of bio-economic models
- Use models to identify the implications of alternative environmental policies
Further details
- Admission requirements: None
- Recommended previous knowledge: None
- Language: English
- Person responsible for module: Geoffrey Kerr
- Course frequency: Each winter semester
- Duration: One semester
- Number of repeat examinations permitted: Twice
- Recommended Semester: First to third semester
- Maximum number of students: 10