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Course Info

About this Course

This is a one semester introductory course in environmental economics. The course syllabus include environmental issues, problems and policies . Example of local, foreign and international environmental issues are touched, problems and policies are discussed and differentiated.

Course Syllabus

Introduction and Overview
- Definition, scope and subject matter of environmental economics
- Natural resources, renewal and non-renewable
- Materials Balance Model
- Basics concepts of pollution

GDP growth and quality of life
- GDP and economic efficiency
- GDP and social welfare
- Concepts of green GDP

Competitive model and social welfare
- The case of private and public goods
- Competitive & efficient equilibrium

Environmental externalities
- The concept of externality
- Public good issues
- Absence of property rights

Response to environmental externalities I
- Moral approach
- Command & control method

Response to environmental externalities II
- The market approach
- Pollution charge, deposit refund system, pollution permits

Benefit –cost analysis
- Incremental benefits & costs
- Matching benefits and costs

Economic development , poverty and population growth and the environment
- The environmental Kuznets curve
- Pollution- haven hypothesis
- Poverty and environmental relationship
- Roles of developed nations

Air pollution
- Defining air quality
- Sources of air pollutants and effects
- Improving air quality
- Acidic deposition

Water pollution
- Defining water quality
- Causes and effects of water pollution
- Improving water quality

Solid waste
- Toxic and non-toxic wastes
- Sources and effects of solid wastes
- Control of solid wastes

Deforestation and Specie decimation
- Importance of forest and biodiversity
- Causes and effects of deforestation
- Sustainable forest management

Global issues
- Ozone depletion: sources, effects & control measures
- Global warming: sources, effects & control measures

Environmental conservation
- Role of public sector
- Role of private sector & NGOs

Frequently Asked Questions

Q1 : Who should join this course
A1 : Students taking environmental economics subjects or anyone interested in learning more about the environment.