Economics

Environmental and Resource Economics

Module code: 844L1
Level 7 (Masters)
15 credits in spring teaching
Teaching method: Lecture, Seminar
Assessment modes: Coursework, Unseen examination

This module includes:

1. Monetary valuation of environmental goods and services

2. Elicitation of welfare parameters

3. Cost-benefit analysis of public investment in environmental protection

4. Decision making under uncertainty and learning

5. International environmental agreements 

6. Multiple coalitions; far-sighted behaviour

7. Instrument choice for environmental policy

8. Behaviour and regulation

9. Non-renewable resources

10. Renewable resources

Module learning outcomes

  • Demonstrate a detailed understanding of the issues, analysis and debates in environmental and resource economics
  • Demonstrate competence and independence in critical reasoning and the evaluation of scholarship in environmental and resource economics
  • Demonstrate ability to assess environmental policies and engage with environmental policy making
  • Creativity, self-direction and autonomy in planning and implementing economic analysis to answer research and policy questions