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CE50229: Environmental economics and politics

[Page last updated: 15 October 2020]

Follow this link for further information on academic years Academic Year: 2020/1
Further information on owning departmentsOwning Department/School: Department of Chemical Engineering
Further information on credits Credits: 6      [equivalent to 12 CATS credits]
Further information on notional study hours Notional Study Hours: 120
Further information on unit levels Level: Masters UG & PG (FHEQ level 7)
Further information on teaching periods Period:
Semester 2
Further information on unit assessment Assessment Summary: EX 100%
Further information on unit assessment Assessment Detail:
  • Examination (EX 100%)
Further information on supplementary assessment Supplementary Assessment:
Like-for-like reassessment (where allowed by programme regulations)
Further information on requisites Requisites:
Description: Aims:
To:
* Understand and apply traditional and advanced concepts and models of environmental economics and politics
* Acknowledge economic, legislative and political steering tools for the protection of the environment and natural resources and to describe and differentiate their effects
* Appreciate the importance of policy and multi-stakeholder negotiations to solve complex environmental, social and economic issues at local, national and global level.

Learning Outcomes:
On successful completion of this unit the student will be able to:
* Understand, describe and use tools for steering environmental economics and environmental politics.
* Distinguish different types of resources
* Develop, explain and use economic models for economy - resource - pollution relationships
* Put oneself in the position of representatives of environmental, economical and public various interest groups
* Know major national and international policy approaches and steering mechanisms, including legislative implementation to control environmental pollution and resource use
* Appreciate major past and future environmental and resource challenges for civilization and how humanity tackles with them both individually and cooperatively.

Skills:

* Appreciate and develop solutions for complex problems (T,F,A)
* Apply economics and economic models to environmental and resource issues and within (political) processes of decision making (T,F,A)
* Evaluate arguments within negotiations, discuss based on facts and find compromise solutions (T,F).

Content:

* Economy and environment / Economy-environment integration
* Macroeconomics/microeconomics
* Markets and the environment, market failure, incomplete markets, property rights, externalities, prisoners dilemma, co-ordination game
* Economic incentives for environmental protection, allocation of renewable and non-renewable resources,
* Economics of pollution control, air pollution, regional, mobile source and global air pollution, water pollution, pollution taxes, tradeable pollution permits, transboundary pollution problems
* Environmental justice
* International development, poverty and environment
* Depletable non-recyclable energy resources, recyclable resources, replenishable but depletable resources, reproducible private-property resources, storable and renewable resources, renewable common-property resources
* Theory of non-market valuation
* Environmental policy, international, national, local (including current examples and challenges), policy negotiations
* Environmentalism, environmental sociology, environmental stakeholders, lobbying.
Further information on programme availabilityProgramme availability:

CE50229 is Compulsory on the following programmes:

Department of Chemical Engineering

Notes: