Environmental Economics

The aim of this course is to provide you with an introduction to and an overview of environmental economics. Keep in mind, however, the interdisciplinary nature of environmental issues. On completion of this module students should be able to explain the economic reasons for environmental degradation and the over exploitation of resources; to explain how policy makers can apply economic incentives (market instruments) to control, for example, pollution and to manage fishing; to recommend methods for determining the economic value of the environment; to outline the process of doing a cost-benefit analysis and have a clear understanding of the problems in using; cost-benefit analysis for environmental management; to explain the environmental impacts of transport and discuss policy options to reduce the externalities of transportation; and to discuss the interaction between trade and the environment.

Course instructor: Martin de Wit

Work programme

Please note that this module is not presented every year, but in alternate years (the module is presented in 2018 and will be presented again in 2020).

BER Weekly

29 July 2019
Domestic financial markets were dominated by the reaction of credit rating agencies to Finance Minister Tito Mboweni's announcement that Eskom will receive an additional R59 billion (bn) bailout. This will be spread over the 2019/20 (R26bn) and 2020/21 (R33bn) fiscal years. Combined with the R23bn per annum committed to Eskom in the February budget,...

Read the full issue