Module Specifications..
Current Academic Year 2023 - 2024
Please note that this information is subject to change.
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Coursework Only CA |
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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. | |||||||||||||||||||||||||||||||||||||||||
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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 | |||||||||||||||||||||||||||||||||||||||||
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 |
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Indicative Content and Learning Activities
Content1. 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 | |||||||||||||||||||||||||||||||||||||||||
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Indicative Reading List
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Other Resources None | |||||||||||||||||||||||||||||||||||||||||
Programme or List of Programmes
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