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Course syllabus - Environmental Economics

Scope

2.5 credits

Course code

MTK333

Valid from

Autumn semester 2026

Education level

Second cycle

Progressive Specialisation

A1N (Second cycle, has only first-cycle course/s as entry requirements)

Main area(s)

Environmental Engineering

Organisation

Department of Engineering Sciences

Ratified

2021-01-20

Revised

2025-11-03

Literature lists

Course literature is preliminary up to 8 weeks before course start. Course literature can be valid over several semesters.

    • Ratified date: 2023-05-09
    • Latest update: 2025-05-27

    Books

    Smith, Stephen

    Environmental economics: a very short introduction

    ISBN: 9780199583584

    LIBRIS-ID: 12350136

    Oxford, Oxford University Press, xvi, 136 p.

    Mandatory

Objectives

The objective of the course is to give the student a good understanding of environmental economics in relation to neoclassical economics and sustainable development.

Learning outcomes

After completing the course, the student shall be able to:

  1. explain and discuss differences and similarities between neoclassical economics and environmental economics.
  2. discuss and analyse strategies for sustainable development in the context of environmental economics.

Course content

The course will mainly address the following:

  • Cases with a focus on sustainability and climate change issues
  • Relevant environmental policies on global level to national levels, with focus on EU and Sweden.
  • Economic value of the environment
  • Economic effects of environmental externalitiesFinancial implications of environmental policies Relations between externalities, environmental policies and sustainable development

Specific requirements

120 credits of which 90 credits engineering and/or natural science. In addition, Swedish course 3 or Swedish level 3 and English course 6 or English level 2 are required. For courses given entirely in English exemption is made from the requirement in Swedish course 3 or Swedish level 3.

Examination

Home examination (HEM1), 1 credit, grades Excellent (A), Very good (B), Good (C), Satisfactory (D), Sufficient (E), Insufficient, complementary work possible (Fx), Insufficient (F), (Learning outcomes: 1, 2)
Assignment (INL1) 1.5 credits, grades Excellent (A), Very good (B), Good (C), Satisfactory (D), Sufficient (E), Insufficient, complementary work possible (Fx), Insufficient (F), (Learning outcomes: 1, 2)

A student who has a certificate from MDU regarding disability study support, can request adaptions for the examination. It is the examiner who takes decisions on any adaptions, based on the certificate and other conditions.

Grade

AF-skala