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| code: | A8002 | studiebelasting: | 3 sp | periode: | sem. 2 | ||
|---|---|---|---|---|---|---|---|
| naam: | Environmental economics | ||||||
| internet: | homepage, rooster | ||||||
| opleiding/fase: | econ/d23/profiel, ectrie/d23/major | ||||||
| voertaal: | English | ||||||
| docent(en): | dr. H.R.J. Vollebergh | ||||||
| contactpersoon: | mw. A.M.C. Kop | ||||||
| secretariaat: | AE/Macro | ||||||
| aanmelding: | bij secretariaat AE/Macro | ||||||
| toelatingseisen: | - | ||||||
| aanbevolen: | - | ||||||
| onderwijsvorm: | hoorcollege, 2 uur per week | ||||||
| tentamenvorm: | schriftelijk | ||||||
| tentamenperiode: | mei/juni, augustus (herkansing) | ||||||
| tentameneisen: | - | ||||||
| tentamenstof: | collegestof; verplichte literatuur | ||||||
In this course both economists and business economists can specialize in issues related to the environment. As environmental issues have become more important, economists are more and more involved in steering the economic process in a direction which is more friendly to the environment. Indeed, both theory and policy have developed rapidly over the last decade to include the environment as a relevant issue.
In this course we focus on the economic approach towards the environment. First, we discuss the very general issues of "sustainability". What are environmental issues any way, and how do they relate to the process of production and consumption? What is the role of nature and the environment in the classic framework of economics? Next, we concentrate on the economic theory of pollution and natural resources. We ask questions like what is optimal pollution, or the optimal extraction profile of a resource (fishery, oil, wetland, rain forest)? The central focus here is evaluation of existing and potential (extraction) profiles through a comparison of cost and benefits of the different options.
Furthermore, we discuss the role of the government or social norms in preventing environmental damage. Is there such a role anyway? And if so, what kind of role is optimal from the economic perspective? We discuss different policy instruments that the government has available, like convenants, subsidizing specific technologies, energy or pollution taxes, tradable permits, command and control.
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