Natural Resources and Environmental Economics (Field 7)

EE476 Environmental Economics

3 (3-0-6) 

Prerequisites: EE311

The concepts of sustainable development, efficient production, efficient consumption and market failure. The concepts of efficiency and effectiveness of policies, measures, and tools to control and solve environmental problems. Environmental risk assessment. Economic valuation and environmental impact assessment of development projects. Concept of environmental justice. Issues related to international environmental cooperation and agreements, including the effects on trade and investment.