ENVIRONMENTAL ECONOMICS
(objectives)
The course covers topical issues such as sustainable development, climate change, and efficiency in the use of environmental resources. To this end, economic theories are used to analyse and understand environmental phenomena in their intersection with human activities. The main economic foundations used by environmental economics are explained and contextualised with respect to concrete dynamics of the functioning of markets and consumer choices. The course then deals with the issues of environmental externalities and the management of public goods, through the analysis of the main instruments of environmental policy such as taxation, the imposition of standards and controls, and the mechanisms for trading permits to pollute. In addition, empirical evaluation techniques of environmental policies are analysed.
|