316-324 Environmental Economics

Credit Points

Coordinator

Prerequisites

316-201 Intermediate Macroeconomics and 316-202 Intermediate Microeconomics.

Semester

Contact

Subject Description

Environmental issues will be addressed with the aid of economic theory. Topics include: sustainability of economies; pollution as an externality; approaches to dealing with pollution in different countries; methods of valuing the environment and environmental damage; effect on future generations; the use and depletion of renewable and non-renewable natural resources; the environment and economic development.

Assessment

A 2-hour end-of-semester examination (60%), an essay of approximately 3000 words (30%) and in-class assessment (in the form of seminar presentation and class participation) (10%).

Prescribed Texts

• Kahn, J., The Economic Approach to Environmental and Natural Resources. Harcourt Brace Publisher 1998 2nd Ed.