The course is divided into two parts.
The first part is designed to provide the conceptual and theoretical foundations necessary for understanding the main topics of environmental economics, with a focus on analyzing the interactions between human activities and the environment and their consequences. Topics covered include methods for environmental valuation, environmental externalities, and the management of public goods. Students will develop an understanding of the economic theory tools used to address these issues, including both command-and-control and market-based environmental policies. The course will also examine issues related to both static and dynamic environmental sustainability.
The second part focuses on specific thematic areas of environmental economics that are particularly relevant for the application of the tools introduced in the first part of the course. These topics will be explored in greater depth and discussed with students during lectures, drawing on the concepts and analytical frameworks previously introduced to ensure a more accurate understanding of the issues under consideration. Practical exercises related to each thematic area will also be provided.
The first part is designed to provide the conceptual and theoretical foundations necessary for understanding the main topics of environmental economics, with a focus on analyzing the interactions between human activities and the environment and their consequences. Topics covered include methods for environmental valuation, environmental externalities, and the management of public goods. Students will develop an understanding of the economic theory tools used to address these issues, including both command-and-control and market-based environmental policies. The course will also examine issues related to both static and dynamic environmental sustainability.
The second part focuses on specific thematic areas of environmental economics that are particularly relevant for the application of the tools introduced in the first part of the course. These topics will be explored in greater depth and discussed with students during lectures, drawing on the concepts and analytical frameworks previously introduced to ensure a more accurate understanding of the issues under consideration. Practical exercises related to each thematic area will also be provided.
teacher profile teaching materials
1. Introduction to Environmental Economics
1.1 The origins of the environmental sustainability problem
1.2 Economy–environment interdependence
1.3 GDP growth and measures of well-being
1.4 Environmental sustainability and income and wealth inequality
1.5 Types of pollution: local, national, transboundary, and global
1.6 Natural resources: renewable and exhaustible resources
2. Environmental Policies: Objectives*
2.1 Public goods
2.2 Environmental externalities
2.3 Models of environmental pollution
2.4 Polluting emissions as stock and flow variables
2.5 Efficiency of polluting emissions in static models
2.6 Efficiency of polluting emissions in dynamic models
3. Environmental Policies under Certainty*
3.1 Taxes and subsidies
3.2 Command-and-control instruments
3.3 Emission permits
4. Environmental Policies under Risk*
4.1 Taxes and subsidies
4.2 Command-and-control instruments
4.3 Emission permits
5. Monetary Valuation of Negative Externalities*
5.1 Contingent valuation method
5.2 Hedonic pricing method and travel cost method
5.3 Cost-benefit analysis
Authorsi: Daniel J. Phaneuf , Till Requate (Autore)
Cambridge University Press, 2016.
Further lectures are provided by the teacher on Moodle website
Mutuazione: 21210455 Economia e politiche dell'ambiente in Economia dell'ambiente, lavoro e sviluppo sostenibile LM-56 R SPINESI LUCA
Programme
Detailed syllabus1. Introduction to Environmental Economics
1.1 The origins of the environmental sustainability problem
1.2 Economy–environment interdependence
1.3 GDP growth and measures of well-being
1.4 Environmental sustainability and income and wealth inequality
1.5 Types of pollution: local, national, transboundary, and global
1.6 Natural resources: renewable and exhaustible resources
2. Environmental Policies: Objectives*
2.1 Public goods
2.2 Environmental externalities
2.3 Models of environmental pollution
2.4 Polluting emissions as stock and flow variables
2.5 Efficiency of polluting emissions in static models
2.6 Efficiency of polluting emissions in dynamic models
3. Environmental Policies under Certainty*
3.1 Taxes and subsidies
3.2 Command-and-control instruments
3.3 Emission permits
4. Environmental Policies under Risk*
4.1 Taxes and subsidies
4.2 Command-and-control instruments
4.3 Emission permits
5. Monetary Valuation of Negative Externalities*
5.1 Contingent valuation method
5.2 Hedonic pricing method and travel cost method
5.3 Cost-benefit analysis
Core Documentation
Title: A Course in Environmental Economics: Theory, Policy, and PracticeAuthorsi: Daniel J. Phaneuf , Till Requate (Autore)
Cambridge University Press, 2016.
Further lectures are provided by the teacher on Moodle website
Attendance
In classType of evaluation
Written exam with exercises and open-ended questions