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.