The course considers the concept of sustainable development, climate change and efficiency in the use of natural resources. To this aim, the main economic theoretical foundations are presented jointly with the fundamental practical issues of climate change, pollution, and sustainable development. The main market failures climate change and environmental pollution generate, externalities and public goods, are presented. The main theoretical and actual policy instruments used to face such phenomena, such as emission tax, emission abatement subsidy, marketable permit instruments, are deeply analyzed from both a normative and a positive point of view. Finally, environmental project appraisal and empirical methods for valuing the environment are introduced.
teacher profile teaching materials
• Sustainable development
• Environmental degradation and market failures
• The Coase's Theorem
• Environmental taxes and environmental standards
• Tradable permits
• Other policy instruments: environmental subsidies and liability
• Cost-benefit analysis
• Economics of climate change
• Economics of natural resources
• Economics of natural disasters
• Circular economy and the just and sustainable transition
Additional teaching material prepared by the lecturer (e.g. slides, lecture notes, publications on scientific journals) will be available on the Moodle platform.
Mutuazione: 21201502 ECONOMIA DELL'AMBIENTE in Economia L-33 R PAGLIALUNGA ELENA
Programme
• Integrated approach between economics and environment• Sustainable development
• Environmental degradation and market failures
• The Coase's Theorem
• Environmental taxes and environmental standards
• Tradable permits
• Other policy instruments: environmental subsidies and liability
• Cost-benefit analysis
• Economics of climate change
• Economics of natural resources
• Economics of natural disasters
• Circular economy and the just and sustainable transition
Core Documentation
Turner KR, Pearce DW, Bateman I (2003) Economia Ambientale, Il Mulino.Additional teaching material prepared by the lecturer (e.g. slides, lecture notes, publications on scientific journals) will be available on the Moodle platform.
Attendance
Attendance is not compulsory but strongly recommended.Type of evaluation
The expected learning outcomes will be assessed by means of a final written test involving the argumentation of questions covered during the course. The test will consist of three or more open-ended questions and will last 75 minutes. The assessment criteria are: the level of mastery of knowledge, the degree of articulation of the answer, the degree of adequacy and accuracy of the explanation, and the ability to synthesise.