Programme

Part I: Introduction to Environmental and Natural Resource Economics

Resources, environment, and economic development

The theory of environmental externalities

Common resources and public goods

Circular economy

Part II: Economics and Policies for Pollution Control

Pigouvian taxes and subsidies

The trade of environmental permits

Compensation for environmental damage

Setting environmental standards and experimentalist governance

Market-based approaches to environmental protection

Part III: Climate Change

Global climate change: science and economics

Energy transition and adaptation strategies

Policy responses to climate change

Carbon credits and greenwashing

Climate justice and intergenerational equity

Part IV: Sustainability and Natural Resources

Agriculture, food, and the environment

Non-renewable resources: scarcity and abundance

Use and management of renewable resources

Part V: Space Economics

The economics of space: extraterrestrial resources and the challenge of space sustainability

Space externalities: managing space debris and environmental impacts

Other market failures in the exploitation of extraterrestrial resources

Core Documentation

• Turner, R.K, Pearce, D. W., e Bateman, I. “Economia Ambientale”, Il Mulino, 2003

Additional teaching materiale on Moodle.

Attendance

Class attendance is required in accordance with university regulations.

Type of evaluation

he assessment methods are designed to verify the achievement of the learning objectives and, in particular, the understanding of the fundamental concepts of environmental and natural resource economics, as well as the related analytical and applied tools. In assigning the final grade, several key factors will be taken into account. Among these, the level and depth of knowledge of the topics covered are of primary importance, together with the ability to critically analyze environmental and economic issues, demonstrating an informed understanding of their theoretical and practical implications. The use of specific and appropriate terminology, reflecting mastery of the economic and legal concepts addressed, will also be evaluated. These elements will jointly determine the final grade, reflecting a thorough assessment of the knowledge and skills acquired. Assessment in ordinary and extraordinary sessions The assessment consists of an oral examination covering the entire program. Registration: students are required to register for the exam through GOMP. Registration closes three days before the exam date, and late registrations will not be accepted. Ongoing assessment Presentations and active participation in practical activities (case study discussions, debates, and simulations) are foreseen. The evaluation will be completed with a short oral examination to be taken in one of the exam sessions immediately following the course delivery period. Registration: students are required to register for the exam through GOMP. Registration closes three days before the exam date, and late registrations will not be accepted.

Programme

Part I: Introduction to Environmental and Natural Resource Economics

Resources, environment, and economic development

The theory of environmental externalities

Common resources and public goods

Circular economy

Part II: Economics and Policies for Pollution Control

Pigouvian taxes and subsidies

The trade of environmental permits

Compensation for environmental damage

Setting environmental standards and experimentalist governance

Market-based approaches to environmental protection

Part III: Climate Change

Global climate change: science and economics

Energy transition and adaptation strategies

Policy responses to climate change

Carbon credits and greenwashing

Climate justice and intergenerational equity

Part IV: Sustainability and Natural Resources

Agriculture, food, and the environment

Non-renewable resources: scarcity and abundance

Use and management of renewable resources

Part V: Space Economics

The economics of space: extraterrestrial resources and the challenge of space sustainability

Space externalities: managing space debris and environmental impacts

Other market failures in the exploitation of extraterrestrial resources

Core Documentation

• Turner, R.K, Pearce, D. W., e Bateman, I. “Economia Ambientale”, Il Mulino, 2003

Additional teaching materiale on Moodle.

Attendance

Class attendance is required in accordance with university regulations.

Type of evaluation

he assessment methods are designed to verify the achievement of the learning objectives and, in particular, the understanding of the fundamental concepts of environmental and natural resource economics, as well as the related analytical and applied tools. In assigning the final grade, several key factors will be taken into account. Among these, the level and depth of knowledge of the topics covered are of primary importance, together with the ability to critically analyze environmental and economic issues, demonstrating an informed understanding of their theoretical and practical implications. The use of specific and appropriate terminology, reflecting mastery of the economic and legal concepts addressed, will also be evaluated. These elements will jointly determine the final grade, reflecting a thorough assessment of the knowledge and skills acquired. Assessment in ordinary and extraordinary sessions The assessment consists of an oral examination covering the entire program. Registration: students are required to register for the exam through GOMP. Registration closes three days before the exam date, and late registrations will not be accepted. Ongoing assessment Presentations and active participation in practical activities (case study discussions, debates, and simulations) are foreseen. The evaluation will be completed with a short oral examination to be taken in one of the exam sessions immediately following the course delivery period. Registration: students are required to register for the exam through GOMP. Registration closes three days before the exam date, and late registrations will not be accepted.