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Course unit
ENVIRONMENTAL ECONOMICS AND RESOURCE VALUATION
INP9087410, A.A. 2019/20
Information concerning the students who enrolled in A.Y. 2019/20
ECTS: details
Type |
Scientific-Disciplinary Sector |
Credits allocated |
Educational activities in elective or integrative disciplines |
ICAR/22 |
Cadastral Surveying |
6.0 |
Course unit organization
Period |
First semester |
Year |
1st Year |
Teaching method |
frontal |
Type of hours |
Credits |
Teaching hours |
Hours of Individual study |
Shifts |
Lecture |
6.0 |
48 |
102.0 |
No turn |
Examination board
Examination board not defined
Prerequisites:
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No specific preliminary knowledge is required. This is the first course introducing the topics on enviromental economics and resource valuation. |
Target skills and knowledge:
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Upon successful completion of the course, the student will have acquired a critical understanding of basics principles of environmental economics and resources valuation, including renewable resources, and will have acquired competence to address the issue of sustainable and efficiet resource use and allocation. This includes the basic skills: (1) to understand and assess the economic value of natural resources and environmental services; (2) to understand the rationale behind direct and indirect regulation; (3) to understand the pros and cons of alternative policy instruments; (4) to explore the relationship between the circular economy, sustainable development and environmental quality. |
Examination methods:
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Final written text (80%) and homeworks (20%). The final written exam will consist of exercises, open-ended questions and multiple choice questions. Homeworks consists of exercises and valuation problems and/or short reports/essays on specific topics. Homeworks may eventually include group activites on specific assignments. |
Assessment criteria:
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1. Competency and knowledge of the specific contents of the course
2. Completeness and originality of homeworks and/or short reports/essays
3. Clarity of explanation and accuracy
4. Ability of analysing on a critical perspective the course contents and of making connections among the different topics/contents of the course |
Course unit contents:
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Economics and the environment
Economic nature of environmental problems
Markets and the environment
Environmental policies
Valuing natural resources and the environment: concepts and methods
Renewable and non renewable resources
The circular economy: the environment-economy interaction
Corporate sustainability and corporate social responsibility
More detailed information on the course content is provided on the course webpage on Moodle |
Planned learning activities and teaching methods:
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Lectures, invited lectures and seminars, presentation and discussion of case studies, active learning, working in group |
Additional notes about suggested reading:
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Course materials and slides, suggested readings and personal notes taken in class.
Materials for the final exam preparation include: course slides, your personal notes and suggested readings. Course materials and slides will be posted on the course Moodle page prior to each lecture. Suggested readings will be announced at the beginning of each lecture. All the course materials, slides and readings are compulsory exam material (slides/notes do not replace readings and readings do not replace slides/notes) |
Textbooks (and optional supplementary readings) |
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Pearce D., Turner W., Economics of natural resources and the environment. New York: Harvester Wheatsheaf, 1990.
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Hanley N., Shogren J. (Autore), White B., Introduction to Environmental Economics. Oxford: OUP Oxford, 2019.
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Pearce D., Atkinson G., Mourato S., Cost-Benefit Analysis and the Environment. Paris: OECD Publishing, 2006.
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Innovative teaching methods: Teaching and learning strategies
- Lecturing
- Case study
- Interactive lecturing
- Working in group
- Problem solving
- Loading of files and pages (web pages, Moodle, ...)
Innovative teaching methods: Software or applications used
- Moodle (files, quizzes, workshops, ...)
- Matlab
Sustainable Development Goals (SDGs)
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