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Environmental Economics

Indian : Rs.7080
International : $118
INTRODUCTION

This course aims at equipping students with economic methods and tools to analyze basic environmental issues while strengthening group work skills. This course combines theoretical analysis with discussions on specific environmental policies as applied to water, air pollution, energy, climate change and human health issues. Within these examples, particular topics that will be covered are the concepts of sustainability, microeconomic analysis of environmental regulation, the problem of social cost, policy instrument choice, and estimating costs and benefits of environmental improvements via revealed preferences (hedonic analysis, travel cost method, household production) or stated preferences.

OBJECTIVE

Upon completion of the course students should be able to:

  • Understand how economic methods can be applied to a whole selection of environmental economics problems.
  • Understand a number of the challenges and difficulties that arise in using economic analysis in environmental policy design.
  • Be able to solve and manipulate a variety of diagrammatic and algebraic models in environmental economics, and critically evaluate these models.

Be familiar with a number of real world environmental policy problems and understand how economic analysis has been applied in their solution.

POTENTIAL CAREER
  • Public or private sector
  • Research/Analysis
  • Public Policy
  • Business
CONTENT
  • Introduction to Environmental Economics
  • Economy-Environment Relationships
  • Pollution Characteristics and Trends
  • The Competitive Market Model
  • Social Efficiency and Competitive Market Failure
  • Economics of Pollution
  • Benefit-Cost Analysis (BCA)
  • Measuring Benefits
  • Measuring Costs
  • Evaluation Criteria
  • Liability Laws and Establishing Property Rights
  • Moral Suasion and Pollution Standards
  • Pollution Taxes and Subsidies
  • Marketable Pollution Permits
  • Environmental Policy-making
  • Water Policies
  • Air Pollution Policies
  • The Kyoto Protocol and Carbon Markets
  • Toxic Substances and Solid Waste Policies
CONTENT MODE

PDF, moodle books

WHAT AM I ABLE TO GET OUT OF THIS COURSE

Understand how economic methods can be applied to a whole selection of environmental economics problems.

ADDITIONAL SUPPORT

Additional reading will be given to students.

Frequently Asked Questions
What is the level of this course?
This is an undergraduate course.

Will I get any credit from this course?
In order to gain credits, you must take and successfully pass an assessment.

What is the duration of this  course?
1 month for full time students and 2 months for part time students.

What is the study mode of this course?

Full time or Part time.

What is the delivery mode of this course?

Fully online.

When can I start this course?

Anytime.

Can I finish this program earlier?

No.

Can I contact the professor in this course?

Yes, through the platform.

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