EPN-V2

ØASØK4200 Environmental Economics Course description

Course name in Norwegian
Environmental Economics
Weight
10.0 ECTS
Year of study
2020/2021
Course history
Curriculum
FALL 2020
Schedule
  • Introduction

    Economic activities impact the environment. Plastics end up in the ocean, producing one T-shirt consumes thousands of liters of water, and salmon farmers pour toxic chemicals into the seas to fight lice infestations. Economists see the natural world around them as providing environmental goods and services that we all enjoy, such as a lake to swim in, drinking water, or a forest that filters the air. Pollution to an economist is an unintended byproduct of activities that are otherwise desirable, like flying to New York, assembling computers, or eating dinner.

    This course teaches students to think like economists about a wide range of environmental problems, from small, local ones to the biggest one of them all, climate change. Students learn about the economics of environmental regulation. We can try to reduce pollution in many ways: by providing information, `nudging´ people to `do the right thing´, subsidizing clean technologies, taxing emissions, creating cap-and-trade markets, banning substances, or signing up to international environmental agreements. The students learn how pollution crossing borders complicates the picture, and how trading goods affects where - and how much - pollution takes place. They will consider what taxing pollution means for other parts of the economy, and they will think about how green technologies are developed.

  • Recommended preliminary courses

    Knowledge

    The student

    • advanced knowledge of HR management across national borders and different framework conditions
    • in-depth knowledge of competence development management, insight into the relationship between reward systems, organisation types, labour markets and forms of affiliation
    • research-based knowledge of the connections between enterprises¿ strategies and their development and management of human resources and developments in this management area

    Skills

    The student is capable of

    • engaging in strategic and comprehensive HR work
    • analysing competence and competence requirements
    • considering financial and strategic consequences of HR policy decisions and considering the HR policy consequences of decisions in other areas
    • understanding and analysing the connection between strategy, human resources and value creation
    • reflecting on the societal aspects of the enterprise¿s HR policy
  • Required preliminary courses

    None

  • Learning outcomes

    Knowledge

    Students will gain insight into:

    • The fundamental ideas of the environment as provider of economic goods and services, and of pollution as being the unintended byproduct of economic actions.
    • About a range of important environmental problems caused by economic activity, and their economic characteristics.
    • Different economic types of regulation addressing pollution.
    • The importance of context in economic analysis of the environment.
    • Different methods to investigate the impact of pollution and regulations.

    Skills

    The students will learn:

    • How to use economic analysis and modeling to assess pollution.
    • How to use economic analysis to assess environmental regulation.
    • How to understand empirical evidence regarding environmental problems and potential solutions.
    • How to critically assess economic analyses directed at environmental problems.
  • Content

    Varied forms of teaching will be used, with a combination of lectures, guest lectures, class discussions and student presentations.

  • Teaching and learning methods

    Lectures with active student participation.

  • Course requirements

    None.

  • Assessment

    Written exam (4 hours) at the end of the semester.

  • Permitted exam materials and equipment

    One dictionary (Native language-English/English-native language or English-English)

    Calculator (as specified in regulations for use of calculator)

  • Grading scale

    Grading scale A - F.

  • Examiners

    The management of human resources is an important management task in most enterprises. In the practical management work, this area is closely related to financial management, organisation and strategic management. The course builds in particular on Organisation Theory, Leadership, and Business Strategy from the bachelor's degree programme, and on Research Methods for Social Sciences, Microeconomics and Introduction to Managerial Accounting. Recent research and current articles will play a key role in the course.

  • Course contact person

    None.