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

18 February 2019
There was a slew of data releases last week, both on the domestic and international front. Domestic releases focused on real economic data for December 2018, all but completing the picture for 2018Q4 GDP. In financial markets, the rand lost further ground last week on the back of a strong US dollar and the return of load shedding. On the international...

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