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Module Specifications.

Current Academic Year 2024 - 2025

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Date posted: September 2024

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Module Title
Module Code (ITS)
Faculty School
Module Co-ordinatorSemester 1: Edgar Morgenroth
Semester 2: Edgar Morgenroth
Autumn: Edgar Morgenroth
Module TeachersEdgar Morgenroth
NFQ level 8 Credit Rating
Pre-requisite Not Available
Co-requisite Not Available
Compatibles Not Available
Incompatibles Not Available
Coursework Only
CA
Description

The module provides an introduction to environmental economics for non-economics students. It first covers basic principles of markets and then analyses common resource problems and externalities, showing how these lead to sub-optimal outcomes and what policies can be used to get to better outcomes. The implications of policies on distributional issues and resistance to policies will be explored and how insights from behavioural economics can help. The module will consider methods to value the environment and how environmental issues can be evaluated or incorporated in cost benefit analysis.

Learning Outcomes

1. Students will learn the key principles of environmental economics
2. Students will understand key analytical tools used in environmental economics
3. Students will develop an understanding of policy formation and evaluation



Workload Full-time hours per semester
Type Hours Description
Total Workload: 0

All module information is indicative and subject to change. For further information,students are advised to refer to the University's Marks and Standards and Programme Specific Regulations at: http://www.dcu.ie/registry/examinations/index.shtml

Indicative Content and Learning Activities

Content
1. Introduction 2. Basic concepts – markets, demand/supply, prices 3. Common resource problem – externalities – Coase theorem 4. Valuation – revealed preference, stated preference 5. Cost Benefit Analysis – examples, alternative discount rates 6. Abatement costs 7. Behaviour – nudge 8. Policy – median voter, link to distributional issues – individual vs collective good

Assessment Breakdown
Continuous Assessment% Examination Weight%
Course Work Breakdown
TypeDescription% of totalAssessment Date
Group assignmentn/a40%n/a
Essayn/a40%n/a
Loop Examn/a20%n/a
Indicative Reading List

  • Nick Hanley,Jason Shogren,Ben White: 2019, Introduction to Environmental Economics, 3rd, 9780198737230
Other Resources

None

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