21201502 - ENVIRONMENTAL ECONOMICS

INTRODUCTION TO MODELS AND THEORIES DESCRIBING THE RELATIONSHIPS BETWEEN ECONOMIC ACTIVITIES AND THE NATURAL ENVIRONMENT, THE RATIONAL USE OF NATURAL RESOURCES, AND PUBLIC INTERVENTIONS TO CORRECT MARKET FAILURES THAT OCCUR IN SUCH CONTEXTS.
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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


Core Documentation

Required textbook:
Turner KR, Pearce DW, Bateman I (2003) Economia Ambientale, Il Mulino.

Optional readings:
Musu I (2003) Introduzione all'economia dell'ambiente, Il Mulino.
Hallegatte S (2014) Natural Disasters and Climate Change. An Economic Perspective. Springer.

Additional teaching material prepared by the lecturer (e.g. slides, lecture notes, publications on scientific journals) will be available on the Moodle/Teams platforms.


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 60 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.