ES22023: Environmental and natural resource economics
[Page last updated: 03 June 2024]
| Academic Year: | 2024/25 |
| Owning Department/School: | Department of Economics |
| Credits: | 10 [equivalent to 20 CATS credits] |
| Notional Study Hours: | 200 |
| Level: | Intermediate (FHEQ level 5) |
| Period: |
- Semester 2
|
| Assessment Summary: | EXCB 100% |
| Assessment Detail: | |
| Supplementary Assessment: |
- Like-for-like reassessment (where allowed by programme regulations)
|
| Requisites: |
Before taking this module you must take ES12001
While taking this module you must take ES22014
|
| Learning Outcomes: |
- Apply economic insights to explain why environmental problems arise.
- Ability to characterise the state of the environment using simple models.
- Apply understanding of incentives to design policy instruments optimally, as well as, in cases where optimality cannot be achieved to control for behaviour.
- Ability to provide a comprehensive assessment of environmental policies.
- Develop knowledge of the literature and be able to evaluate and present journal articles or working papers.
- Discuss key current environmental issues and identify solutions.
|
| Synopsis: | "Explore why environmental problems arise and how to regulate for them.
You will explore issues such as:
- environmental depletion
- valuation of environmental resources
- measuring optimality and cost-effectiveness
During this unit, You will learn about the economists toolbox of policy measures, and how they can be implemented in practice.
"
|
| Content: | This unit covers issues related to environmental resources and regulation of behaviour impacting the environment. As its starting point it takes the neoclassical economic framework and embeds the environment within it. In this way, loss of welfare due to environmental degradation is apparent and from there we study the various ways in which government can introduce interventions to raise welfare.
|
| Course availability: |
ES22023 is Optional on the following courses:
Department of Economics
- UHES-AFB10 : BSc(Hons) Economics (Year 2)
- UHES-AFB11 : BSc(Hons) Economics with Politics (Year 2)
- UHES-AKB11 : BSc(Hons) Economics with Politics with professional placement (Year 2)
- UHES-AKB11 : BSc(Hons) Economics with Politics with professional placement and study abroad (Year 2)
- UHES-AKB11 : BSc(Hons) Economics with Politics with study abroad (Year 2)
- UHES-AKB10 : BSc(Hons) Economics with professional placement (Year 2)
- UHES-AKB10 : BSc(Hons) Economics with professional placement and study abroad (Year 2)
- UHES-AKB10 : BSc(Hons) Economics with study abroad (Year 2)
|
Notes: - This unit catalogue is applicable for the 2024/25 academic year only. Students continuing their studies into 2025/26 and beyond should not assume that this unit will be available in future years in the format displayed here for 2024/25.
- Courses and units are subject to change in accordance with normal University procedures.
- Availability of units will be subject to constraints such as staff availability, minimum and maximum group sizes, and timetabling factors as well as a student's ability to meet any pre-requisite rules.
- Find out more about these and other important University terms and conditions here.
|
