Learning Outcomes:
On completion of this course, the successful student should, inter alia, be able to:
- Have an appreciation of economic thinking and how this can inform environmental policy decisions.
- Understand the economic approach to analysing why environmental problems occur.
- Understand the logic behind economic environmental policies such as the carbon tax.
- Be aware of behavioural economic policy instruments to solve environmental problems.
- Be aware of the tools available to assess the costs and benefits of policies.
Indicative Module Content:
- Key economic concepts
- Introduction to Environmental Economics
- Market Failures; Why Environmental Problems Occur
- Overcoming Market Failures; Environmental Economic Policy Design
- Evaluating Projects and Policies
- Behavioural Environmental Economics and Nudging