Course Description
-
Course Name
Environmental Economics
-
Host University
The American University of Rome
-
Location
Rome, Italy
-
Area of Study
Economics
-
Language Level
Taught In English
-
Prerequisites
Principles of Macroeconomics or Principles of Microeconomics
-
Course Level Recommendations
Upper
ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.
-
Credits
3 -
Recommended U.S. Semester Credits3
-
Recommended U.S. Quarter Units4
Hours & Credits
-
Overview
The course concentrates on the main challenges posed by economic development and growth to our environment. Students will learn both market‐based and institutional‐based responses to environmental problems. Case studies will be extensively used to evaluate alternative policies to sustainability.
In the first part of the course, students will learn market‐based approaches to environmental problems through a number of case studies showing why markets fail to produce environmentally sustainable economies. Students will learn to evaluate different approaches to manage global commons, with an introduction to cost‐benefit analysis and its limitations.
The second part of the course concentrates, instead, on macroeconomic approaches to environmental problems. Students will learn about the green GDP; transition models to green economies; problems and solutions posed by population growth, agriculture, fisheries and forests, water management and international trade.
Course Disclaimer
Courses and course hours of instruction are subject to change.
Eligibility for courses may be subject to a placement exam and/or pre-requisites.
Some courses may require additional fees.
Availability of courses is based on enrollment numbers. All students should seek pre-approval for alternate courses in the event of last minute class cancellations