ØASØK4200 Environmental Economics Course description

The following coursework requirements must have been approved for the student to take the exam:

• Coursework 1: One written assignment of approximately 1000 words (+/- 10%), to be carried out in groups of up to three students.

This coursework requirement aims to help the student achieve the intended learning outcomes and promote the student's progression and development.

All required coursework must be completed and approved by the given deadline for the student to take the exam. If the coursework requirements have not been approved, the student will be given one opportunity to submit an improved version by a given deadline

ØASØK4100 Microeconomics

The exam in the course consists of a written group assignment and an individual oral exam:

• A written group assignment of up to 3600 words, completed in groups of up to 3 students. Font and size: Arial / Calibri 12 pt. Line spacing: 1.5.
• An individual adjusting oral exam based on the written group assignment. Each student is allocated 15 minutes. Students may prepare a short presentation and bring their notes.

The individual oral exam will only be carried out if the group assignment receives a passing grade. If the group assignment is not passed, the students may submit a revised group assignment for a new exam. The individual oral exam will carried out if the revised group assignment receives a passing grade.

During the oral exam, students will receive feedback on the written group assignment and be informed of the grade the assignment has received. The oral exam is carried out individually, and each student's grade may be adjusted up or down by one grade.

All parts of the exam must be passed in order to pass the course. Students’ transcripts will show the final grade in this subject.

The group assignment grade can be appealed. In the case of an appeal, the appeals committee will assess the group assignment. If the appeals committee changes the grade, a new individual oral exam will be carried out.

A student who receive a fail grade are given one opportunity to submit an improved version of the written group assignment for assessment.

After completing the course, the student should have the following overall learning outcomes defined in terms of knowledge, skills and general competence:

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

General competence

The student is more able to

• use English as the professional language in Economics
• use environmental economics insights in a professional setting, for example for cost-benefit analysis or concerning sustainability issues

One internal and one external examiner will assess both the group assignments and the oral exams.

The following coursework requirements must have been approved in order for the student to take the exam:

• Coursework 1: Written assignment. Group work. Maximum 5 pages.
• Coursework 2: Written assignment. Group or individual work. Maximum 5 pages.
• Coursework 3: Written assignment. Individual work. Maximum 5 pages.

The group work will be carried out in groups consisting of 2-5 students, depending on the number of participating students in the course.

The coursework is part of the active learning experience for the students and helps prepare students for the final exam. It also serves as useful feedback about the effectiveness of the lecturer's teaching.

All required coursework must be completed and approved by the given deadline in order for the student to take the exam. If one or more coursework requirements have not been approved, the student will be given one opportunity to submit a new or improved version by the given deadline.

The exam in the course is a supervised exam of 4 hours.

The following aids are permitted:

• One dictionary (Native language-English/English-native language or English-English)
• Calculator (see regulations for the use of calculators in the programme description)

Grade scale A-F

The exam papers are assessed by one internal and one external examiner.

At least 25% of the exam papers will be assessed by two examiners. The grades awarded for the papers assessed by two examiners form the basis for determining the level for all the exam papers.

Svenn Jensen