Lecture: Environmental Economics - Details
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Lehrveranstaltung wird online/digital abgehalten.

General information

Semester WS 2021/22
Current number of participants 56
Home institute Wirtschaftsinformatik, insb. Finanz- & Informationsmanagement
Courses type Lecture in category Teaching
Performance record Klausur (Written Exam)
Online/Digitale Veranstaltung Veranstaltung wird online/digital abgehalten.
Hauptunterrichtssprache englisch
Literaturhinweise Tietenberg/Lewis (2014): Environmental & Natural Resource Economics, 10th edition, Pearson.

Course location / Course dates



At the end of the lecture the students are able to understand and apply the economic methods used by environmental economists. In detail, the lecture deals with fundamental economic topics like property rights, externalities, the benefit-cost analysis and other decision-making metrics as well as methods for valuing the environment.

Table of Contents

Chapter 1: The Economic Approach: Property Rights, Externalities, and Environmental Problems
Chapter 2: Evaluating Trade-Offs: Benefit–Cost Analysis and Other Decision-Making Metrics
Chapter 3: Valuing the Environment: Methods
Chapter 4: Dynamic Efficiency and Sustainable Development
Chapter 5: Depletable Resource Allocation: The Role of Longer Time Horizons, Substitutes, and Extraction Cost