Print Course syllabus
Course syllabus - Environmental Economics
Scope
7.5 credits
Course code
NAA109
Valid from
Autumn semester 2013
Education level
First cycle
Progressive Specialisation
G1N (First cycle, has only upper-secondary level entry requirements).
Main area(s)
Economics
School
School of Business, Society and Engineering
Ratified
2013-02-01
Status
This syllabus is not current and will not be given any more
Literature lists
Course literature is preliminary up to 8 weeks before course start. Course literature can be valid over several semesters.
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Books
Intermediate environmental economics
International 2nd ed. : New York : Oxford University Press, c2011 - ix, 470 p.
ISBN: 978-0-19-973265-4 (pbk.) LIBRIS-ID: 12545050
Microeconomics Plus MyEconLab Student Access Card.
7. : Harlow : Pearson Education Ltd., 2011.
ISBN: 1-4082-8444-8 LIBRIS-ID: 12478367
Objectives
The aim of this course is to give students a solid background in environmental economics, with an emphasis on environmental policy. Environmental Economics is concerned with the impact of the economy on the environment, the significance of the environment to the economy, and the appropriate way of regulating economic activity so that balance is achieved among environmental, economic, and other social goals.
Learning outcomes
After completed course the student shall be able to
- describe how microeconomic methods can be used to balance environmental objectives against other welfare objectives.
- describe the possibilities and limitations of a market economy when it comes to the solution of environmental problems and the management of natural resources
- explain how a cost-efficient environmental policy can be designed
- explain the advantages and disadvantages of different environmental policy instruments
- explain different methods for valuation of the environment
Course content
Efficiency and markets. Market failures: Public Goods and Externalities. Description of various environmental problems and economic explanations for why they arise. Description of various environmental policy instruments. Analysis of the strengths and weaknesses of various policy instruments in different situations. Valuation of goods that are not priced on any market.
Tuition
The course is organised in a series of lectures, including problem solving.
Requirements
Studies in Mathematics of 3 years from Upper Secondary School with a Science profile and a TOEFL test result, minimum score 575 with a TWE score of at least 4,5 (PBT) or 90 with a TWE score of at least 20 (iBT)/IELTS test result with an overall band score of minimum 6,5 and no band score below 5,5.
Examination
Examination (TEN1), 7.5 credits, marks Pass (G) or Pass with distinction (VG)
In addition, grades may also be given according to the ECTS grading scale.
A student who has a certificate from MDU regarding a disability has the opportunity to submit a request for supportive measures during written examinations or other forms of examination, in accordance with the Rules and Regulations for Examinations at First-cycle and Second-cycle Level at Mälardalen University (2020/1655). It is the examiner who takes decisions on any supportive measures, based on what kind of certificate is issued, and in that case which measures are to be applied.
Suspicions of attempting to deceive in examinations (cheating) are reported to the Vice-Chancellor, in accordance with the Higher Education Ordinance, and are examined by the University’s Disciplinary Board. If the Disciplinary Board considers the student to be guilty of a disciplinary offence, the Board will take a decision on disciplinary action, which will be a warning or suspension.
Grade
Pass with distinction, Pass, Fail