Environmental Economics
Objectives
Development of skills and abilities in the following areas:
Functioning of the economic system
Main interactions between the economic system and the environmental system
Theoretical foundations of Environmental Economics
Understanding the economic causes of today''''''''''''''''s major environmental problems
Integration of the economic approach in the formulation, analysis and resolution of environmental problems
Application of methodologies and economic analysis tools in addressing environmental aspects
Design, application and evaluation of environmental policy instruments and measures
Understanding the fundamentals, potential and limitations of Environmental Economics
Development of work in multidisciplinary teams in the analysis of real cases
Carrying out research and analysis of information independently
General characterization
Code
10369
Credits
6.0
Responsible teacher
Rui Jorge Fernandes Ferreira Santos
Hours
Weekly - 4
Total - 80
Teaching language
Português
Prerequisites
na
Bibliography
European Commission, 2014. Guide to Cost-Benefit Analysis of Investment Projects -Economic appraisal tool for Cohesion Policy 2014-2020, December 2014.
Field, B.C., Field, M.K., 2020 (or 2024 release). Environmental Economics: an Introduction, 8th edition, McGraw-Hill International Edition, McGraw-Hill, New York.
Tietenberg, T., Lewis, L., 2020. Natural Resource Economics: The Essentials. International Student Edition, Routledge.(paperback: ISBN 978-0-367-28034-5)
Tietenberg, T., Lewis, L., 2023. Environmental and Natural Resource Economics. International Student Edition, 12th edition, Routledge.
Varian, H., 2019. Intermediate Microeconomics – A Modern Approach, 9th edition, W. W. Norton & Company, New York. ISBN 9780393689891.
Teaching method
Available soon
Evaluation method
Available soon
Subject matter
1. The economy and the environment
2. Economic and financial analysis of projects
3. Introduction to microeconomics: fundamentals and concepts
4. Market failures: economic causes of environmental problems and the need for an environmental policy
5. The economic approach in environmental policy/pollution control
6. Environmental policy instruments
- Criteria for the selection and evaluation of the performance of instruments
- Instrument typologies
- Form of action, advantages and disadvantages of the instruments
- Case studies