Programplaner og emneplaner - Student
ØASØK4200 Environmental Economics Course description
- Course name in Norwegian
- Environmental Economics
- Study programme
-
Master Programme in Business Administration
- Weight
- 10.0 ECTS
- Year of study
- 2022/2023
- Curriculum
-
FALL 2022
- Schedule
- Programme description
- Course history
-
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
ØASØK4100 Microeconomics
Required preliminary courses
None
Learning outcomes
Individuell skriftlig eksamen under tilsyn på 4 timer avholdes i slutten av semesteret.
Content
- Basics: Externalities, public goods, Pareto efficiency, market failure, optimal pollution.
- Static pollution (local air pollution)
- Environmental regulation with economic instruments (taxes, subsidies, cap-and-trade)
- Dynamic pollution (climate change)
- International environmental agreements
- Trade in goods and pollution
- Green innovation
- Green taxes and the double dividend
- Behavioral environmental economics
Teaching and learning methods
Se egen hjelpemiddelliste som publiseres i god tid før eksamen.
Course requirements
Gradert skala A-F.
Assessment
Det benyttes en intern og en ekstern sensor til sensurering av besvarelsene.
Et uttrekk på minst 25 % av besvarelsene sensureres av to sensorer. Karakterene på de besvarelsene som er vurdert skal danne grunnlag for å fastsette nivå på resten av besvarelsene.
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
An internal and an external examiner will grade the exam.;A selection of at least 25% of the exam papers will be assessed by two examiners. The grades awarded to exam papers assessed by the external and internal examiner will be used to determine the level of all exam papers.
Course contact person
Svenn Jensen