ÐÓ°ÉÂÛ̳

 

GY426     
Environmental and Resource Economics

This information is for the 2024/25 session.

Teacher responsible

Dr Sefi Roth

Prof. Hendrik Wolff

Dr Eugenie Dugoua

Dr Frank Venmans

Availability

This course is compulsory on the MSc in Environmental Economics and Climate Change and MSc in Environmental Policy, Technology and Health (Environmental Economics and Climate Change) (ÐÓ°ÉÂÛ̳ and Peking University). This course is available on the MPhil/PhD in Environmental Economics, MSc in Econometrics and Mathematical Economics, MSc in Economics, MSc in Economics (2 Year Programme) and MSc in Geographic Data Science. This course is available with permission as an outside option to students on other programmes where regulations permit.

The number of students that can be accommodated is limited. If the course is over-subscribed, places will be allocated at the Department’s discretion and a waiting list may be created. For further details, please contact your relevant Programme Coordinator.

Pre-requisites

A background in economics and calculus is highly desirable.

Course content

Environmental and resource economics is at the forefront of the response to local, national and global environmental problems. As such, it has become an essential part of the thinking and actions of national and regional governments, as well as international agencies and organizations. This course seeks to develop a rigorous treatment of the theory of environmental and natural resource economics, and to show how formal economic thinking can assist real world policymaking in areas such as climate change, ecosystem & biodiversity conservation and water resource management.

The course consists of four components which cluster together the principal areas of interest and research in environmental and natural resource economics:  

PART I: Environmental Economics and Pollution Control

PART II: Behavioural Economics, Evaluation and the Environment

PART III: The Economics of Natural Resources: Efficiency, Optimality and Sustainability

PART IV: Economics of Climate Change and Low-Carbon Transitions

Teaching

In the Department of Geography and Environment, teaching will be delivered through a combination of classes/seminars, pre-recorded lectures, live online lectures, in-person lectures and other supplementary interactive live activities.

 

This course is delivered through a combination of seminars and lectures Autumn Te