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ES30031: Environmental economics

Follow this link for further information on academic years Academic Year: 2013/4
Further information on owning departmentsOwning Department/School: Department of Economics
Further information on credits Credits: 6
Further information on unit levels Level: Honours (FHEQ level 6)
Further information on teaching periods Period: Semester 1
Further information on unit assessment Assessment: EX 100%
Further information on supplementary assessment Supplementary Assessment: Reassessment not allowed
Further information on requisites Requisites: Before taking this unit you must take ES20011
Further information on descriptions Description: Aims:
The aim of the course unit is to present the major themes of Environmental Economics. The unit covers both the theoretical background of externalities and the design of economic policy.

Learning Outcomes:
By the end of this course unit students should be able to suggest possible solutions to the current major environmental issues, such as climate change, air and water pollution, valuation of biodiversity, cost-benefit analysis. In addition, they should be able to offer a critique on the main policy solutions set forth in the literature.


* Critical evaluation of tools of environmental economics used to address problems of pollution and issues relating to valuation.
* Ability to enter into a critical debate on topics covered in the course.

Two main areas of which we will cover are the regulation of polluting activities and the valuation of resources. The key textbook is:
Perman, R., Y. Ma and James McGilvray, Natural Resource & Environmental Economics, Longman and New York, (2003), 3rd Edition.
Further information on programme availabilityProgramme availability:

ES30031 is Optional on the following programmes:

Department of Economics
  • UHES-AFB03 : BSc (hons) Economics (Full-time) - Year 3
  • UHES-AKB03 : BSc (hons) Economics (Full-time with Thick Sandwich Placement) - Year 4
  • UHES-AFB02 : BSc (hons) Economics and International Development (Full-time) - Year 3
  • UHES-AKB02 : BSc (hons) Economics and International Development (Full-time with Thick Sandwich Placement) - Year 4
  • UHES-AFB01 : BSc (hons) Economics and Politics (Full-time) - Year 3
  • UHES-AKB01 : BSc (hons) Economics and Politics (Full-time with Thick Sandwich Placement) - Year 4

* This unit catalogue is applicable for the 2013/4 academic year only. Students continuing their studies into 2014/15 and beyond should not assume that this unit will be available in future years in the format displayed here for 2013/14.
* Programmes and units are subject to change at any time, in accordance with normal University procedures.
* Availability of units will be subject to constraints such as staff availability, minimum and maximum group sizes, and timetabling factors as well as a student's ability to meet any pre-requisite rules.