- Department: Environment and Geography
- Credit value: 20 credits
- Credit level: M
- Academic year of delivery: 2024-25
- See module specification for other years: 2023-24
The module offers students the opportunity to use a range of micro- and macroeconomic analytical tools to study key aspects of environmental sustainability challenges, such as climate change and nature conservation.
Occurrence | Teaching period |
---|---|
A | Semester 2 2024-25 |
The module has the overarching aim of equipping students with the knowledge and skills to use widely-used micro- and macroeconomic analytical methods to examine major environmental problems, such as climate change and nature conservation. Students will recognise the principles of economic thinking underpinning the application of such techniques, as well as their characteristics and various uses. The module will place an emphasis on the economic valuation of non-marketed ecosystem services and the evaluation of environmental projects and policies. Following a solutions-based approach, students will have the opportunity to use specialised statistical and econometric software to apply a range of economic methods.
After completing the module, successful students will be able to:
Demonstrate an advanced understanding of the characteristics and use of a range of econometric and quantitative techniques.
Use quantitative analysis to examine relationships between variables of interest.
Apply economic concepts to the analysis, appraisal, and valuation of a range of environmental problems and policies.
Critically assess the strengths and limitations of different economic analytical tools.
Task | % of module mark |
---|---|
Essay/coursework | 100 |
None
Task | % of module mark |
---|---|
Essay/coursework | 100 |
Formative feedback will be delivered orally or in written form throughout the module. Written feedback on summative assessments will follow department guidelines.
Perman R. et al (2011) Natural Resource and Environmental Economics. 4th edition. Pearson.
Kolstad C.D. (2011) Environmental Economics. 2nd edition. Oxford University Press.
Freeman A.M. et al. (2014) The Measurement of Environmental and Resource Values: Theory and Methods. 3rd edition. Routledge.
Champ P.A. et al. (2017) A Primer on Nonmarket Valuation. 2nd edition, Springer.
Khandker S.R. et al. (2009) Handbook on Impact Evaluation: Quantitative Methods and Practices. World Bank Publications.