Postgraduate Programme and Module Handbook 2022-2023 (archived)
Module ECON40615: ENVIRONMENTAL AND CLIMATE ECONOMICS
Department: Economics
ECON40615: ENVIRONMENTAL AND CLIMATE ECONOMICS
| Type | Tied | Level | 4 | Credits | 15 | Availability | Available in 2022/23 | Module Cap |
|---|
| Tied to | L1T109 |
|---|---|
| Tied to | L1T209 |
| Tied to | L1T309 |
| Tied to | L1T409 |
| Tied to | N3K709 |
| Tied to | L2T109 |
Prerequisites
- None
Corequisites
- None
Excluded Combination of Modules
- None
Aims
- To provide students with an advanced knowledge and critical understanding of the economic aspects of environmental problems, with a particular focus on climate change, and of specialist economic tools to analyse and solve those problems.
Content
- Topics will be drawn primarily from the following;
- Pollution and Externalities
- Property rights
- Tools for environmental policy
- Imperfect information and mechanism design
- Competitive output markets and standards
- Non-competitive output markets
- Ambient pollution control
- Liability
- Innovation and adoption of new technologies
- International environmental problems and agreements
- Mitigation and Adaptation solutions to climate change
Learning Outcomes
Subject-specific Knowledge:
- have an advanced knowledge and critical understanding of the contribution of economic analysis to the solution of complex environmental problems;
- have a critical appreciation of the role of free markets and/or government intervention to deal with complex environmental problems;
- have a critical knowledge of, and be able to engage in advanced discussion of, current political strategies for the protection of the environment from an economic standpoint;
- have explored, understood and appreciated the complexity and contradictions of the current academic literature and its implications for professional practice, and be able to identify open questions for their own research.
Subject-specific Skills:
- be able to solve complex optimisation problems algebraically, and make use of graphical analysis at an advanced level.
Key Skills:
- Written Communication;
- Planning, Organising and Time Management;
- Problem Solving and Analysis;
- Using initiative;
- Numeracy;
- Computer Literacy.
Modes of Teaching, Learning and Assessment and how these contribute to the learning outcomes of the module
- A combination of lectures, seminars and guided reading will contribute to achieving the aims and learning outcomes of this module. Summative assessment by written examination will test students' knowledge and understanding of the subject-matter, their critical judgement and problem-solving skills.
Teaching Methods and Learning Hours
| Activity | Number | Frequency | Duration | Total/Hours | |
|---|---|---|---|---|---|
| Lectures | 10 | 1 per week | 2 hours | 20 | |
| Seminars | 4 | Fortnightly | 1 hour | 4 | ■ |
| Revision | 2 | 1 hour | 2 | ||
| Preparation & Reading | 124 | ||||
| Total | 150 |
Summative Assessment
| Component: Examination | Component Weighting: 100% | ||
|---|---|---|---|
| Element | Length / duration | Element Weighting | Resit Opportunity |
| Unseen written examination | 2 hours | 100% | |
Formative Assessment:
Work prepared by students for seminars; answers to questions either discussed during a seminar, or posted on DUO; feedback on discussions with teaching staff during consultation hours, or via e-mail.
■ Attendance at all activities marked with this symbol will be monitored. Students who fail to attend these activities, or to complete the summative or formative assessment specified above, will be subject to the procedures defined in the University's General Regulation V, and may be required to leave the University