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
Lecturer and Office Hours: Eglantina Hysa
Second Lecturer(s): 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.
MSc BAF Program
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