S_01 Environmental Economics and Management (Policy)
| Lecturer | Richard Tol |
| Credits | 2 |
| Mode | Block course |
| Location | ZMAW library, room 'Ocean' |
| Day(s) | 5 |
| Time | 10:15 - 11:45 and 13:15 - 14:45 |
| Content | The course aims to introduce non-economists to the economic theory and practice of environmental problems and environmental management. The course deals fully with the orthodox theory of the economics of pollution and optimal depletion rates for natural resources. It also provides intro-ductions to environmental ethics, to pollution control policy in free, mixed and plan economies, and to sustainable development. Mathematical expositions are kept to a minimum. Environmental economics is set in the wider context of environmental and ethical values. It is shown how the economic perspective illuminates many of the issues of current concern: fairness to future generations, care of the planet, destruction of the ozone layer, and the enhanced greenhouse effect, the role of natural environments in economic progress, the nature of economic values of the environment, the array of policy instruments to combat pollution and resource degradation, and the special problems of developing countries. Topics: Economy and Environment (the historical development of environmental economics; the circular economy; the sustainable economy), The Economics of Pollution (the optimal level of pollution; the market achievement of optimal pollution; taxation and optimal pollution; environmental standards, taxes and subsidies; marketable pollution permits; measuring environmental damage; pollution control policy in mixed and centrally planned economies; global pollution policy), Ethics and Future Generations (discounting the future; environmental ethics), The Economics of Natural Resources (renewable resources; the extinction of species; exhaustible resources; measuring and mitigating natural resource scarcity), Development and Environment (development, presser-vation and conservation; environment and the developing countries). |
| Comments |
