The course studies the output side of the economy by addressing environmental and related issues caused by economic activities that are currently face by developing countries. Environmental issues are ow becoming a global concern, hence the need to warn countries to take precautionary measures wilst using resources.
The pressure is now on all countries to use natural resources in an environmentally safe manner or sustainable development. By the end of the course, students should have a clear understanding of environmental problems faced by developing countries.
Topics include:
- economic-environmental systems
- relationship and the role of environment in the economy
- property rights
- externalities and the role of government in environmental planning
- sustainable development and the environment
- environmental valuation and methodologies
- environmental accounting
- environmental standards
- taxes and subsidies
- pollution and environmental
- cost-benefit analysis (CBA) impact
Text:
- Field, B.C., 2001, Environmental Economics: An Introduction, 3rd Ed., McGraw Hill, Boston.