COURSE UNIT TITLE

: ECONOMICS OF ENVIRONMENT AND NATURAL RESOURCES

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
ECO 4216 ECONOMICS OF ENVIRONMENT AND NATURAL RESOURCES ELECTIVE 3 0 0 4

Offered By

Economics

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

PROFESSOR EMINE SEDEF AKGÜNGÖR

Offered to

Economics

Course Objective

The course aims to introcude learners the economic principles underlying environmental problems and policy remedies.

Learning Outcomes of the Course Unit

1   Apply economic principles to environment and natural resource issues.
2   Recognize the role of cost and benefit assessment in environmental and natural resource issues.
3   Identify tools of economic benefit valuation.
4   Identify tools of cost valuation.
5   Use results of benefit and cost valuation for assessing policy measures.
6   Recognize policy tools for environmental and natural resource management.
7   Demonstrate competence in communicating knowledge in environmental issues and policies through professional writing and oral presentation.

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 introduction
2 Visions of the Future
3 Property rights, externalities, environmental problems
4 Benefit cost analysis and Decision Making
5 Valuing the Environment: Concepts
6 Valuing the Environment: Methods
7 Dynamic Efficiency; Intertemporal Allocation of Resources
8 Pollution Trading
9 Economics of Pollution
10 Climate Change
11 Sustainable Development
12 presentations

Recomended or Required Reading

Tom Tietemberg and Lynne Lewis (2012). Environmental and Natural Resource Economics. 9th Edition. Pearson.
Additional reading materials will be availebne during class.

Planned Learning Activities and Teaching Methods

1. Lectures
2. Class discussions
3. Presentations
4. Term paper
5. Case studies

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MT Midterm
2 TP TermProject
3 PRS Presentation
4 FN Final
5 FCG FINAL COURSE GRADE MT * 0.30 + TP * 0.20 + PRS * 0.10 +FN * 0.40
6 RST RESIT
7 FCGR FINAL COURSE GRADE (RESIT) MT * 0.30 + TP * 0.20 + PRS * 0.10 + RST * 0.40

Further Notes About Assessment Methods

None

Assessment Criteria

1. The learner will demostrate understanding of the role of economics in environmental and natural resources management.
2. The learner will be able to demonstrate knowledge cost and benefit valuation of environmental and natural resource issues.
3. The learner will demonstrate understanding of different policy tools of environmental management.

Language of Instruction

English

Course Policies and Rules

1. Attending at least 70 percent of lectures is mandatory.
2. Plagiarism of any type will result in disciplinary action.

Contact Details for the Lecturer(s)

To be announced.

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 12 3 36
Preparations before/after weekly lectures 12 1 12
Preparing assignments 1 25 25
Preparing presentations 1 8 8
Preparation for midterm exam 1 10 10
Preparation for final exam 1 10 10
Midterm 1 2 2
Final 1 2 2
TOTAL WORKLOAD (hours) 105

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9PO.10PO.11PO.12PO.13PO.14
LO.14555
LO.2454
LO.3455455
LO.4455455
LO.555
LO.655
LO.755