EV5003 - Environmental Economics

The natural environment in the development of economic theory; basic economic concepts relevant to environmental matters including cost-benefit analysis; environmental evaluation techniques and pricing of resources; economic implications of changing environmental practice; the development of global economic interdependence and it's implication for natural environments.

Learning Outcomes

• to develop background knowledge to understand the environmental and ecological economics literature;
• to provide sufficient knowledge of environmental economics to better understand the economic and political debate on the environment;
• to enable graduate to meaningfully engage in discussions in disciplines relevant to environmental problems but which are outside the graduates' core discipline.

Graduate Qualities

• The ability to think critically, to analyse and evaluate claims, evidence and arguments;
• The ability to define and to solve problems in at least one discipline area;
• The ability to lead, manage and contribute effectively to teams;
• The ability to speak and write logically, clearly and creatively;
• The ability to calculate, produce, interpret and communicate numerical information;
• A coherent and disciplined body of skills, knowledge, values and professional ethics in at least one discipline area;
• The ability to use a variety of media and methods to retrieve, analyse, evaluate, organise and present information;
• The ability to reflect on and evaluate learning processes and products.

Note: Minor variations might occur due to the continuous Subject quality improvement process, and in case of minor variation(s) in assessment details, the Subject Outline represents the latest official information.