Introduction to Environmental Economics

Course Description: 

This course provides an introduction to  economics for environmental students including its division into several domains (behavioral economics, neoclassical economics, institutional economics). The course introduces applicability of main economic concepts to environmental issues. In particular it focuses on application of cost-benefit analysis and other related tools for environmental decision-making.

Learning Outcomes: 

At the end of the course a student should 

understand what economics is and why it is important for environmental sciences, policy and management;

understand the basics of the use of economics for decision-making and its limitations;
understand the basics of the use of economics for policy design and evaluation;
understand the basics of the use of economics for measuring national progress;
understand the limitations of economics in dealing with environmental and sustainability issues.
Assessment: 
  • Class participation (including blogging) - 20%
  • Exam - 80%
Prerequisites: 

No prerequisites are required