Course Information

Course Code:
Course Number:
Code Course Name Language Type
ECN 412E Environmental Economics English Elective
Local Credits ECTS Theoretical Tutorial Laboratory
3 5.5 3 0 0
Course Prerequisites and Class Restriction
Prerequisites ECN 201E MIN DD
Class Restriction None
Course Description
The course starts with introducing the problem of social cost in relation to property rights and externalities. Thus, it relates the concept to fundamental welfare theorems of economics and market failures. The course continues with analysis and quantification of preferences towards environmental goods. Then, the course introduces various environmental policies and theoretical and empirical assessment methods, including the cost-benefit analysis.

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