3 1 false IDEC8053 <p>The course will examine key topics in environmental economics with a focus<br />upon the following questions:<br /><br />(1) What is efficient and sustainable use of the environment?<br /><br />(2) What prevents us from sustainably managing the environment?<br /><br />(3) What approaches can we use to improve environmental management?<br /><br />The course includes material on environmental valuation, economics of<br />pollution control and regulation, property rights and incentives, dynamic<br />environmental management, and global environmental problems.</p> 1 false 11960 <p>Midterm exam 25%, term paper 35%, final examination<br />40%</p> 1 1 Upon successful completion of this course&nbsp;students will have:<br /><br />* demonstrated a working knowledge of the principles and methods of<br />environmental valuation<br />* analysed the relative merits of several types of environmental regulation in<br />various contexts<br />* conducted a policy evaluation of a major environmental issue<br />* understood the role of property rights, institutions, and incentives in<br />environmental problems<br />* modelled dynamic environmental management both mathematically and<br />computationally 0 Environmental Economics 6 6 6 Environmental Economics Band 2 International and Developmental Economics 2 hours lecture and 1 hour tutorial per week 2010