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Module Title
LI Environmental Economics
School
Birmingham Business School
Department
Economics
Module Code
08 29179
Module Lead
David Maddison and Matt Cole
Level
Intermediate Level
Credits
20
Semester
Semester 2
Pre-requisites
Co-requisites
Restrictions
Students on degree programmes outside economics for which this module is an option on their degree programme must also have passed Principles of Economics
Exclusions
Description
This module analyses the interactions between the economy and the environment with the main focus on the economic causes and effects of environmental degradation. The module provides an advanced analysis of environmental economics. In the first part, particular attention is paid to the inefficiency associated with environmental externalities and the various policies to deal with them. In the second part, 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 covers various topics, such as fishery and forestry economics, waste management, road pricing, the economics of climate change.
Learning Outcomes
By the end of the module students should be able to:
demonstrate knowledge and critical understanding of environmental economics both in theory and in practice;
identify and critically evaluate the role of environmental valuation methods;
demonstrate knowledge and critical understanding of the economic linkages between trade and the environment and environmental regulations and competitiveness.