Environmental Economy

Recommended Prerequisites

Numerical Methods.

Teaching Methods

Lectures detail exposition about principles, theories and real examples providing: a general introduction to a section of the syllabus; a broad overview of a new topic or subject area to prepare the students for detailed study of specific aspects thereof; in depth view with an important principle, law, method, etc. and its main applications. The teaching methodology relays in oral exposition with audiovisual material.

In practical classes students are devoted to solve peculiar problems. This process of problem solving is teacher aided and based on an initial given data and solution topics.

Learning Outcomes

Knowledge about the main concepts, principles and theories required to explain and understand the relationships between the economy and the environment.

Address environmentally friendly solutions to problems and investment programs.

Identify policies with a view to promote sustainable development strategies.

Outlining the advantages and limitations of the theory of natural resources, pollution economics and economic valuation of environmental resources.

Work Placement(s)

No

Syllabus

Introduction to the course, economics and environment.

Principles of microeconomics.

Private companies.

Markets and government.

Supply and demand.

Project evaluation.

Natural resource economics.

Economics of pollution control.

Economic valuation of environmental resources.

Head Lecturer(s)

Fernando José Telmo Dias Pereira

Assessment Methods

Assessment
Resolution Problems: 30.0%
Exam: 70.0%

Bibliography

Paul A. Samuelson, William D. Nordhaus, Economia, MacGraw - Hill, 2004;

Roger Perman, Yue Ma, Michael Common, David Maddison, James McGilvray, Natural resource and environmental economics, 4th ed., Prentice Hall/Pearson Education, 2011;

Tom Tietenberg, Lynne Lewis, Environmental & natural resource economics, 9th ed., Prentice Hall/Pearson Education, 2012.