Università Roma Tre

Introduction
Nature and purposes of environmental economics. Environmental economics and ecological economics
Economic systems and exosphere
Socio-economic systems and ecosystems. Circular economic system and balance of materials. The environmental impact of economic activities. The dynamics of the demographic system: exponential growth and logistic growth. The dynamics of capital accumulation. Economic growth and environmental constraints.
Management of natural resources
The scarcity of natural resources. Renewable and non-renewable resources. The rational management of renewable resources. The Hotelling rule. Price path and rational management of non-renewable resources. Conservation, preservation and sustainability. The paradigms of sustainable development.
The instruments of environmental regulation
The determination of the optimal level of pollution. Taxes, standards and environmental subsidies. Comparative effectiveness of taxes and standards. Redistributive effects of environmental taxes. The failures of public intervention. The regulation of property rights and access to natural resources. The Coase theorem. Incentives and tradable permits. International agreements for sustainable development.
Assessment methods for environmental assets
The total economic value of environmental goods. The willingness to pay. The willingness to be compensated. Consumer surplus. The procedures for indirect estimation of the monetary value of environmental goods: hedonic price, contingent valuation and method of moving costs.

TESTI BASE
ENDRES A., ENVIRONMENTAL ECONOMICS. THEORY AND POLICY, CAMBRIDGE UNIVERSITY PRESS, 2011.
SCARANO G., “OTTIMIZZAZIONE VINCOLATA E PREZZI OMBRA” (DISPENSA DIDATTICA)
CALCIANO F., “TEORIA DEI GIOCHI E ACCORDI AMBIENTALI INTERNAZIONALI” (DISPENSA DIDATTICA)

TESTI INTEGRATIVI
PEARCE D. W., TURNER R. K., ECONOMIA DELLE RISORSE NATURALI E DELL'AMBIENTE, IL MULINO,
FRANZINI M., MERCATO E POLITICHE PER L’AMBIENTE, CAROCCI, 2007.
PANELLA G., ECONOMIA E POLITICHE DELL’AMBIENTE, CAROCCI, 2003.
SCARANO G., “ATTIVITÀ ECONOMICHE E AMBIENTE: UN’INTERAZIONE COMPLESSA TRA SISTEMI DINAMICI”, LA QUESTIONE AGRARIA, 70, 1998.
DE SANTIS G., DEMOGRAFIA ECONOMICA, IL MULINO, BOLOGNA, 1997, CAP. 1.