Students will learn how to apply economic analysis to a range of environmental management problems, focusing on developing country examples; understand why certain environmental problems occur and the possible options available for their resolution; and, how to analyse the relationships between economic and ecological systems.

One 2-hour lecture each week for 10 weeks.

Students will participate in discussions with peers on the best policies to improve environmental outcomes in developing countries. In class, we will use Mentimeter and polling activities to facilitate discussion. The course includes comparative and diverse content with case studies from different parts of the world.

None

None

ILO (covered)

The course aims to:

■ enable students to understand basic concepts of environmental microeconomics such as environmental valuation, market and policy failure, the interactions between economic development and the environment, the role of institutions in environmental protection and the economics of climate change.

■ enable students to evaluate the effects of environmental policies in developing countries.

By the end of this course, students will be able to:

1. Analyse the ways in which individual decisions, market forces and government policies affect the natural environment. 

1. Explain the key assumptions and the main insights of theoretical models in environmental economics 

1. Apply theoretical models to interpret empirical findings. 

1. Evaluate challenges around the empirical evaluation of the effects of policy interventions aimed at protecting the environment. 

1. Demonstrate effective writing skills in the context of both theoretical and empirical environmental issues. 

Students must submit at least 75% by weight of the components (including examinations) of the course's summative assessment.