Szeptember - 2017
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Subject data sheet

Environmental Economics

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Code: 2KG23NAK05B
Name: Environmental Economics
Number of hours per semester: 22.5 hours (1+1)
Credits: 3
Fall/Spring: Autumn
Language: English
Prerequisites: There are no prerequisites for this course.
Course type: Elective
Department: Gazdaságföldrajz, Geoökonómia és Fenntartható Fejlődés Intézet
A Course leader: Dr. Kocsis Tamás

Course description: As the first encounter of business students with environmental issues, this course serves both as an introduction to environmental issues in general, and to their economic analysis. The first main topic is the concept of sustainable development, which can be considered as a general framework for understanding the connections of human economic activity and the natural environment. This is followed by a detailed discussion of the most important environmental problems the world faces today (such as climate change, water stress, etc.). The second half of the course deals with the economics of pollution control. The concept of environmental pollution as a negative externality is introduced and the various possibilities of internalisation are explored in a micro-economic framework, providing the theoretical background of environmental policy tools (such as taxes and tradeable permits). Firm level environmental management issues are not part of this course.

Assessment, grading: Grades will be given according to the following pattern:
Mid-term exam: 40%
Final exam: 40%
Homeworks: 10%
Class presence: 10%
Total: 100%

Aims and objectives and description of the course: This is an introductory course aiming to provide a general understanding of environmental issues and environment-economy linkages, as well as an insight into the economic analysis of environmental problems and their possible solutions.

Time of class: see neptun

Learning outcomes: • Ability to critically assess the role of the economy and economic growth from an environmental perspective
• Understanding the nature and causes of the global environmental crisis we face today and the concept of sustainable development
• Identifying the most important environmental problems affecting the air, water and soil (including causes and possible solutions)
• Learning to analyse the issue of environmental pollution in an economic framework
• Understanding the mechanism and characteristics of various environmental policy tools

Assignments: During the second half of the course, there will be short homeworks (mathematical exercises) to be prepared for each class.

Bibliography:
Compulsory readings:

  • There are no compulsory readings for this course. The slides shown during the classes will be made available to all students, however, it should be noted that the information on the slides alone will not be sufficient to answer all exam questions correctly. It is therefore strongly recommended that students attend and take notes during the classes.

Recommended readings:

Compulsory readings:
Recommended readings:
There are no compulsory readings for this course. The slides shown during the classes will be made available to all students, however, it should be noted that the information on the slides alone will not be sufficient to answer all exam questions correctly. It is therefore strongly recommended that students attend and take notes during the classes.

 
Instructors:

Dr. Harangozó Gábor

Last modification:

Courses

Course codeTypeSemesterInstructors
IB_KV_EElmélet2017/18/1Dr. Harangozó Gábor
IB_KV_GGyakorlat2017/18/1Dr. Harangozó Gábor


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