Environmental Economics (B-KUL-D0M36A)
Aims
This is a course on economic approaches to environmental and resource problems. The course is designed to provide in-depth knowledge of the main approaches, theories, models, and techniques in environmental and resource economics and some of its applications in pollution and in transportation economics.
Results
By the end of the course, all students are expected to be able to:
- demonstrate an understanding of key approaches and methods in environmental and resource economics
- demonstrate an ability to analyse and apply taught models and techniques in environmental economics, pollution and transportation problems
Previous knowledge
At the beginning of this course students should have a basic knowledge of micro-economics (demand, supply, market equilibrium, imperfect competition) and quantitative techniques (algebraic treatment of micro-economics). This knowledge is essential.
No prior knowledge of transportation science is required.
Is included in these courses of study
- Master handelsingenieur (Leuven) 120 ects.
- Master in de ingenieurswetenschappen: energie (Leuven) (Algemene techno-economische energiekennis) 120 ects.
- Master in de ingenieurswetenschappen: energie (Leuven) (Elektrische energie) 120 ects.
- Master in de ingenieurswetenschappen: energie (Leuven) (Thermo-mechanische energie) 120 ects.
- Master in de ingenieurswetenschappen: werktuigkunde (programma voor studenten gestart vóór 2024-2025) (Leuven) 120 ects.
- Master in de ingenieurswetenschappen: werktuigkunde (programma voor industrieel ingenieurs of master industriële wetenschappen - aanverwante richting) (programma voor studenten gestart vóór 2023-2024) (Leuven) 120 ects.
- Master of Engineering: Energy (Leuven) (Option: Electrical Energy) 120 ects.
- Master of Engineering: Energy (Leuven) (Option: General Techno-Economic Energy Knowledge) 120 ects.
- Master of Engineering: Energy (Leuven) (Option: Thermo-Mechanical Energy) 120 ects.
- Master of Mechanical Engineering (Leuven) 120 ects.
- Master in de ingenieurswetenschappen: mobiliteit en supply chain (Leuven) 120 ects.
- EIT-KIC Master in Energy (Leuven et al) (Option: Energy for Smart Cities) 120 ects.
- EIT-KIC Master in Energy (Leuven et al) (Option: Smart Electrical Networks and Systems (SENSE)) 120 ects.
- Master in de economie, het recht en de bedrijfskunde (Leuven) 120 ects.
- Master of Business Engineering (Leuven) 120 ects.
- Master of Mobility and Supply Chain Engineering (Leuven) 120 ects.
- Master of Mechanical Engineering (Programme for Engineering Technology Students) (Leuven) 120 ects.
Activities
3 ects. Environmental Economics (B-KUL-D0M36a)
Content
- Foundational environmental and resource economics
- Environmental valuations
- Cost and benefit analysis and discounting
- Integrated Assessment Models for Climate Change
- Government Responses to Pollution problems
- International Environmental Agreements
Course material
Used Course Material: for DOM36A:
- Pre-lecture material: set book chapters, set papers and set videos
- Lecture notes
- Essential textbook reading:
- R. Perman, Y. Ma, M. Common, D. Maddison, and J. Mcgilvray. Natural Resource and Environmental Economics. Pearson Education Limited, 2013.
- C. Kolstad. Intermediate Environmental Economics. Oxford University Press, international 2nd edition, 2011.
Format: more information
D0M36A: Lectures
D0M36B: Lectures and small exercises and class activities
Is also included in other courses
Evaluation
Evaluation: Environmental Economics (B-KUL-D2M36a)
Explanation
Features of the evaluation
Students have to answer essay questions (closed-book written exam).
Determination of final grades
The grades are determined by the course holder(s) (titularis), as announced via Toledo and the examination schedule. The result is computed and expressed as a whole number on a scale of 20.
Information about retaking exams
Second examination opportunity
The features of the evaluation and the determination of final grades of the second examination opportunity are similar to those of the first examination opportunity.