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2010/1 Module Catalogue
 Module Code: ENGM059 Module Title: ENVIRONMENTAL ECONOMICS
Module Provider: Civil, Chemical & Enviromental Eng Short Name: SE2M11
Level: M Module Co-ordinator: CHENOWETH JL Dr (C, C & E Eng)
Number of credits: 15 Number of ECTS credits: 7.5
 
Module Availability
Spring Semester
Assessment Pattern

Methods of Assessment and Weighting

Components of Assessment

Method(s)

Weighting

Coursework

Written assignment

100%

Module Overview
Prerequisites/Co-requisites
None
Module Aims

To provide insight into the interactions between economics and the environment; to explain the language and tools for analysing the costs and benefits of environmental investments and the implications of government policies such as green taxes.

Learning Outcomes

Upon successful completion of the module, students will be able to:

•           Understand the basic environmental economic principles and concepts in relation to sustainable development.

•           Understand the derivation and use of valuation tools to measure environmental costs and benefits.

•           Make sense of the claims made by those who invoke economics in debates over environmental issues.

•           Engage in environmental economically-oriented discussions through case studies of environmental problems at the 'macro' society level and the 'micro' corporate level.
Module Content

Introduction to economic principles and assumptions

Welfare economics and public goods

Internalising externalities

Polluter pays principle in practice

Interaction of society and environment

CBA and contingent valuation

Index of sustainable development
Methods of Teaching/Learning

ULearn-based pre-reading, lectures and discussion groups.

 
Total student learning time 150 hours
Selected Texts/Journals

Made available on ULearn as pre-reading prior to the module week.

Last Updated

17 August 2009