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 instructors: Ada Jansen and Albert van der Merwe

Work programme

Please note that this module is not presented every year, but in alternate years (the module was presented in 2016 and will be presented again in 2018).