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 examinations
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




Admission requirements:
None

Recommended previous knowledge:
None

Language:
English

Person responsible for module:
Geoffrey Kerr

Course frequency:
Academic Term each winter semester

Duration:
One semester

Number of repeat examinations permitted:
Twice

Recommended Semester:
First to third semester

Maximum number of students:
10