Università Roma Tre

1. Introduction to Environmental Economics
1.1 Introduction and general information about the course (programme in detail, final exam, textbooks, other material, dropbox folder)
1.2 Definition of externality
1.3 Public goods
1.4 Property rights (public, private, collective) and the Coase theorem
1.5 Pollution (local, national, transboundary, global)
1.6 Natural resources (renewable, exhaustible)

2. Monetary value of externalities
2.1 Contingent valuation method: Willingness to Pay versus Willingness to Accept
2.2 Hedonic price and transport cost methods
2.3 Cost-benefit analysis
2.4 Discounting

3. Monetary value of resource exploitation
3.1 Hotelling rule
3.2 Net Present Value method

4. Environmental Accounts
4.1 Input Output approaches and databases (NAMEA, WIOD, EXIOMOD)
4.2 Satellite Accounts (EPEA), alternative measures of GDP (Genuine saving, Green GNP)

5 Sustainable Development
5.1 Definition and measure
5.2 Recent debate: from the Fitoussi Commission to the SDGs agenda
5.3 Alternative measures of well-being including environment

6 Specific topics
6.1 Payment for environmental services
6.2 Renewable resources (forestry, fishery, water)
6.3 Waste management
6.4 Energy
6.5 Climate change

7 Environmental policies
7.1 Geographical scales for policies (local, national, global)
7.2 Environmental policies (demand-pull vs. supply-push, price-based vs. quantity-based, tax, permits, standards)
7.3 International environmental policies (SDGs, Roadmap2050, 450PPM, low-carbon strategy)

8 Environmental innovation
8.1 Eco-innovation: complexity, dynamics, evolution and trajectories
8.2 Eco-innovation policies
8.3 Case study 1: biofuels
8.4 Case study 2: energy efficiency

9 Multi-dimensional issues
9.1 Environment and food security
9.2 Environment and trade
9.3 Environment and innovation: green growth and win-win strategies
9.4 Environmental Kuznets Curve
9.5 Resource Curse Hypothesis

Tietenberg T., Lewis L. (2012), Environmental & Natural Resource Economics, 9th Edition, US: Pearson Education.