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Course List

Environmental Economics

  • Course Code :
    ECO 206
  • Level :
    Undergraduate
  • Course Hours :
    3.00 Hours
  • Department :
    Department of Economics

Instructor information :

Area of Study :

This course focuses on the relationship between the environment and the economic behavior of individuals and groups using microeconomic analytical tools. It includes a clear definition on environmental economics; it also introduces different methods of project impact on the environment with a special focus on cost-benefit analysis technique. It highlights the concepts of: externalities, standards, as well as different environmental policy techniques by governments with a special regard on the Egyptian case. Course Goals: • Define Environmental Economics and its related topics. • Teach the students the relationship between economics and the environment. • Teach students how to use the tools of economic analysis to study environmental issues. • Familiarize students with cost-Benefit analysis. • Introduce students to major global environmental issues, and agreements. • Acquaint students with the Egyptian stance on different Environmental concerns and Policies.

For further information :

Environmental Economics

This branch of science tries to shed light on the relationship between the environment and the economic behavior of individuals and groups using microeconomic analytical tools. It includes a clear definition on environmental economics; it also introduces different methods of project impact on the environment with a special focus on cost-benefit analysis technique. It highlights the concepts of: externalities, standards, as well as different environmental policy techniques by governments with a special regard on the Egyptian case.

For further information :

Environmental Economics

Course outcomes:

a. Knowledge and Understanding:

1- List the most pressing International and Global Environmental Issues.
2- Recognize the basic tools used in Environmental Analysis.
3- Define the concepts related to the environmental field.
4- Relate different environmental policies.

b. Intellectual Skills:

1- Point out the importance of sustainability.
2- Distinguish between the different market structures and their impact on the environment.
3- Outline the tradeoff between the present and the future in taking environmental decisions.

c. Professional and Practical Skills:

1- Apply Cost-Benefit analysis in assessing environmental projects
2- Interpret the importance of developing sound environmental policies addressing current issues with a special reference to Egypt.
3- Compare and contrast different environmental programs.

d. General and Transferable Skills:

1- Develop problem solving skills.
2- Enhance innovative and know-how skills working towards results.
3- Gain confidence to work towards solutions.
4- Develop a sense of responsibility towards society.
5- Experience with conceptual frameworks effective for problem solving and decision making.
6- Acquire analytical reasoning skills, numeric and clear effective communication skills.
7- Test the ability of students to work under pressure and as part of a team.

For further information :

Environmental Economics

Course topics and contents:

Topic No. of hours Lecture Tutorial/Practical
Introductory Lecture and Course Outline (Chapter 1: The Big Picture) 3 1
Chapter 9: Population, Poverty, and Economic Growth 3 1
Environmental Agencies and Major Problems in Egypt 3 1
Final Discussion and Papers Presentation 3 1
Final Exam 1
Chapter 6: Environmental Quality 3 1
Chapter 2 and Appendix: Efficiency and Choice and Readings 6 2
Chapter 3: Market Failure 3 1
Chapter 10: Biodiversity and Valuation 3 1
Mid-term Exam 1
Chapter 5: Trade-offs and the Economy 3 1
External Readings: a. Designing Policy to Influence Consumers b. Standards (External Readings) 6 2
Chapter 8: Sustainability 3 1

For further information :

Environmental Economics

Teaching And Learning Methodologies:

Teaching and learning methods
Demonstration videos
Presentations
Group discussion
Research Paper

For further information :

Environmental Economics

Course Assessment :

Methods of assessment Relative weight % Week No. Assess What

For further information :

Environmental Economics

Books:

Book Author Publisher
environmental economics an introduction barry c.field mcgraw hill
Environmental Economics And Natural Resource Management David A. Anderson Routledge

Periodicals :

1. Designing Policy to Influence Consumers, Available at: http://ec.europa.eu/environment/enveco/pdf/RealWorld_Briefing1Overall.pdf 2. Frank Wijen and Rob van Tulder, Integrating Environmental and International Strategies in a World of Regulatory Turbulence, California Management Review, Vol. 53, No. 4, Summer 2011. 3. P. Elefsiniotis and D. G. Wareham, “ISO 14000 Environmental Management Standards: Their Relation to Sustainability”, Journal of Professional Issues in Engineering Education and Practice, July 2005.

Web Sites :

1. Gerald Shively and Marta Galopin, An Overview of Benefit-Cost Analysis, Available at: http://www.agecon.purdue.edu/staff/shively/COURSES/AGEC406/reviews/bca.htm

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