COURSE INFORMATION Course Title: ENVIRONMENTAL ECONOMICS

Code	Course Type	Regular Semester	Theory	Practice	Lab	Credits	ECTS
ECO 441	B	1	3	0	0	3	7.5

Academic staff member responsible for the design of the course syllabus (name, surname, academic title/scientific degree, email address and signature)	NA
Lecturer (name, surname, academic title/scientific degree, email address and signature) and Office Hours:	Eglantina Hysa
Second Lecturer(s) (name, surname, academic title/scientific degree, email address and signature) and Office Hours:	NA
Teaching Assistant(s) and Office Hours:	NA
Language:	English
Compulsory/Elective:	Elective
Classroom and Meeting Time:
Course Description:	-The aim of this course is to introduce students to an economic perspective of environmental issues. Students will learn economic theories from the viewpoint of environmental economics and will learn that markets can be used to improve environmental quality. The course will also explore the costs of climate change, will answer question such as “are we running out of natural resources and how can countries have a sustainable development. In addition the course will explore the role of government in the regulations of environment.
Course Objectives:	The objective of this course is to develop basic knowledge in environmental economic and provide them with an understanding of environmental issues from an economic perspective.

COURSE OUTLINE

Week	Topics
1	Overview of environmental government issues
2	Economic perspectives on the environment
3	Environmental externalities
4	Environmental valuation
5	Resource allocation over time
6	Common property and public goods
7	Managing renewable resources
8	Midterm/Energy and the environment
9	Global climate change
10	Pollution analysis and policy
11	Environmental regulation
12	International Environmental Issues and Treaties
13	Domestic and International Environmental Institutions
14	Sustainable development

Prerequisite(s):
Textbook:	Environmental and Natural Resource Economics: A Contemporary Approach, Second Edition by Jonathan M. Harris, Houghton Mifflin (2006)
Other References:
Laboratory Work:
Computer Usage:
Others:	No

COURSE LEARNING OUTCOMES

1	Have a detailed understanding on the field of environmental economics.
2	Students will be able develop written and verbal skills in communicating an environmental economic perspective.
3	They will be able to use economic theory to analyze environmental issues form the economic perspective.
4	Students will learn how markets allocate resources and why they sometimes fail to allocates them optimally.

COURSE CONTRIBUTION TO... PROGRAM COMPETENCIES (Blank : no contribution, 1: least contribution ... 5: highest contribution)

No	Program Competencies	Cont.
Master of Science in Economics Program
1	Students apply advanced knowledge in economics	5
2	Students explain the interaction between related disciplines and economics	5
3	Students apply scientific methods to address economic problems	5
4	Students define existing theory in a specialized branch of economics	4
5	Students critically evaluate knowledge in economics and carry out advanced research independently	3
6	Students develop economic models and formulate policy options	3
7	Students make an original contribution to the discipline	2
8	Students effectively communicate in a variety of professional and academic contexts
9	Students will develop new strategic approaches for unexpected, complicated situations in economics and take responsibility in solving them	4
10	Students uphold and defend ethical values data collection, interpretation and dissemination	3
11	Students use advanced empirical analyses to address social problems	4
12	Students interact with professional networks in their field of specialization	2

COURSE EVALUATION METHOD

Method	Quantity	Percentage
Midterm Exam(s)	1	40
Presentation	1	10
Final Exam	1	40
Attendance		10
	Total Percent:	100%

ECTS (ALLOCATED BASED ON STUDENT WORKLOAD)

Activities	Quantity	Duration(Hours)	Total Workload(Hours)
Course Duration (Including the exam week: 16x Total course hours)	16	3	48
Hours for off-the-classroom study (Pre-study, practice)	16	3	48
Mid-terms	1	12	12
Assignments			0
Final examination	1	20	20
Other	2	11	22
Total Work Load:			150
Total Work Load/25(h):			6
ECTS Credit of the Course:			7.5