HU Credits:
3
Degree/Cycle:
2nd degree (Master)
Responsible Department:
Environmental Economics & Management
Semester:
1st Semester
Teaching Languages:
English
Campus:
E. Safra Mt. Scopus Rehovot
Course/Module Coordinator:
Dr. Yanay Farja
Coordinator Office Hours:
Wednesday, 15:00-16:00
Teaching Staff:
Dr. Yanay Farja
Course/Module description:
The course presents the economic approach and principles of environmental and natural resource management
Course/Module aims:
Learning the economic principles and methods for optimal management of environmental and natural resources from a social point of view
Learning outcomes - On successful completion of this module, students should be able to:
To analyze problems of environmental and natural resource management from an economic point of view, using common analytical tools in this discipline.
Attendance requirements(%):
None
Teaching arrangement and method of instruction:
Lectures
Online exercises
Student presentations
Course/Module Content:
Concepts of environmental and natural resource economics and welfare economics.
Environmental policies, environment and macro economics, environment and politics.
Externalities in production and consumption.
Free access and the tragedy of the commons.
Financing public goods and the free-riding problem.
Governmental intervention tools - taxes, quotas, tradable pollution permits.
Methods for evaluation of externalities: averting behavior, travel costs, hedonic prices, contingent valuation.
Dynamic optimal management of non-renewable natural resources.
Optimal utilization of renewable resources under a steady state.
Sustainability
Required Reading:
Presentations
Field, C. Barry and Field, K. Matha. 2016. “Environmental Economics: An Introduction, 7th Edition”. McGraw Hill Education.
Additional Reading Material:
Additional reading materials will be uploaded to the course's website.
Grading Scheme :
Essay / Project / Final Assignment / Referat 50 %
Presentation / Poster Presentation / Lecture/ Seminar / Pro-seminar / Research proposal 20 %
Submission assignments during the semester: Exercises / Essays / Audits / Reports / Forum / Simulation / others 30 %
Additional information:
None
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