Natural Resource and Environmental Economics

Instructors

TAKASAKI Yoshito

Term / Language / Credits

A1 / English / 2

Objectives

The objective of this course is to understand the essential concepts and methods of environmental and natural resource economics. It covers markets and market failure; benefit-cost analysis; pollution; climate change; non-renewable resources; and renewable resources.

Keywords

Environmental economics, Natural resource economics, Market failure, Benefit-cost analysis, Pollution, Climate change, Non-renewable resources, Renewable resources

Schedule

1. Economics and the environment
2. Markets and market failure
3. Pollution
4. International environmental problems – climate change
5. Benefit-cost analysis
6. Environmental valuation
7. Non-renewable resources
8. Renewable resources

Teaching Methods

Lecture

Grading

Homework; Final exam

Required Textbook

Perman, R., Y. Ma, M. Common, D. Maddison and J. McGilvray (2011). Natural Resource and Environmental Economics. 4th ed. Harlow: Pearson Education Limited. (ISBN: 0321417534)

Notes on Taking the Course

Microeconomics for Public Policy or equivalent is prerequisite.

Related Resources