This linked module analyses the interactions between the economy and the environment with the main focus on the economic causes and effects of environmental degradation. The modules provide an advanced analysis of environmental economics. In the first part (semester 1), particular attention is paid to the inefficiency associated with environmental externalities and the various policies to deal with them. In the second part (semester 2), the focus is on the various methods for valuing environmental assets together with an examination of the linkages between trade and the environment and environmental regulations and competitiveness. The modules cover various topics, such as fishery and forestry economics, waste management, road pricing, the economics of climate change.
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