Universidad Pública de Navarra - Nafarroako Univertsitate Publikoa
Public University of Navarre
| Course code: 171812 | Subject title: ENVIRONMENTAL ECONOMICS | ||||
| Credits: 6 | Type of subject: Optative | Year: 4 | Period: 1º S | ||
| Department: Economía | |||||
| Lecturers: | |||||
| OSES ERASO, NURIA (Resp) [Mentoring ] | CAPPELLINI , SERGIO [Mentoring ] | ||||
Contents
Environmental economics analyses the effect of economic activity on the environment, as well as the importance of the natural environment for the economy. It also examines how to regulate economic activity to strike a balance between environmental, economic, and other social objectives.
This Economics and the Environment course covers the concepts, theories and methods employed in the economic analysis of environmental issues. Topics covered include sustainable development and pollution control. Economic theory is employed to study pollution problems, including climate change. Various public policies designed to address pollution issues are analysed.
The relationship between economics and natural resources (both renewable and non-renewable) is covered in the Natural Resource Economics course in the spring semester.
Learning outcomes
RA04: Identify the main instruments of public intervention and relate policy recommendations to economic, environmental and social sustainability.
RA07: Knowing the relationship between verbal, graphic, mathematical and econometric analysis in the study of economics.
RA09: Identify and recognise the sources of relevant economic information and their content.
RA11: Use professional criteria for economic analysis, preferably those based on the use of technical instruments.
RA13: Apply rationality to the analysis and description of any aspect of economic reality.
RA17: Prepare reports and transmit ideas on any economic subject, with clarity and coherence, to both specialised and non-specialised audiences.
RA23: Understand and express reasoned value judgements based on sound economic principles and data on current socio-economic problems in a multidisciplinary way
Methodology
| Methodology - Activity | Attendance | Self-study |
| A-1 Exposition/Participative Classes | 44 | |
| A-2 Practical classes | 14 | |
| A-3 Cooperative learning activities | 10 | |
| A-4 Group projects | 20 | |
| A-5 Individual practice and study time | 58 | |
| A-6 Tutorials | 02 | |
| A-7 Exams and evaluation activities | 02 | |
| Total | 60 | 90 |
Evaluation
| Learning outcome |
Assessment activity |
Weight (%) | It allows test resit |
Minimum required grade |
|---|---|---|---|---|
| All | Tests | 30 | Yes | - |
| All | Assignments and projects | 30 | No | - |
| All | Final exam | 40 | Yes | - |
Agenda
Unit 1 - The economy and the environment.
1.1. Economy-environment interdependence.
1.2. Markets, externalities and efficiency.
Unit 2 - Pollution control. Targets.
2.1. Pollution problems.
2.2. Pollution damage.
2.3. Abatement costs.
2.4. Socially efficient level of emissions.
Unit 3 - Pollution control. Policies (I).
3.1. Criteria for evaluating environmental policy.
3.2. Decentralized policies.
3.3. Command and control policies: standards.
Unit 4 - Pollution control. Policies (II).
4.1. Incentive-based policies: taxes and subsidies.
4.2. Incentive-based policies: marketable emissions permits.
Unit 5 - The economics of climate change.
5.1. Climate change drivers.
5.2. Policies: mitigation and adaptation.
Bibliography
Access the bibliography that your professor has requested from the Library.
Basic bibliography
Field, B.C. y Field M.K. (2020): Environmental Economics: An Introduction, (8th edition), McGraw-Hill.
(There are previous editions that are also valid to follow the course.)
Complementary bibliography
Perman, R.; Ma, Y. McGilvray, J.; Common, M. (2012): Natural Resource and Environmental Economics (4th edition), Pearson.