Special Topic: Disasters and Economic Policy

Victoria University of Wellington

Course Description

  • Course Name

    Special Topic: Disasters and Economic Policy

  • Host University

    Victoria University of Wellington

  • Location

    Wellington, New Zealand

  • Area of Study


  • Language Level

    Taught In English

  • Course Level Recommendations


    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.

    Hours & Credits

  • Credit Points

  • Recommended U.S. Semester Credits
    3 - 4
  • Recommended U.S. Quarter Units
    4 - 6
  • Overview

    The economic aspects of disaster management and policy, including these topics: the economic history of natural disasters; the literature on the economics of natural disasters; a comparison with other types of economic shocks (finance, wars).

    Possible topics to be covered:
    (the final list will also depend on the availability of guest lecturers and their specific expertise)
    - History of disasters and their economic impact
    - Disaster risk management
    - Economic vulnerability to disasters
    - Prevention/mitigation of disaster impact
    - Disaster impact on poverty and inequality
    - Political factors in determining vulnerability
    - Post disaster growth and reconstruction
    - Long-run growth and disaster risk
    - Fiscal policy and disaster risk management
    - Foreign aid and disasters
    - Insurance (implicit and explicit ? fiscal, household)
    - Climate change and disaster risk
    - International aspects of disasters (migration, remittances, and aid)
    - Human behavioural during and after disasters

    Course Learning Objectives
    1. Analyse the history of disasters and their differing economic impacts.
    2. Distinguish between direct, indirect, short, and long-run impacts on different facets of the economy and the micro and aggregate levels.
    3. Evaluate ex-ante mitigation policy and its cost-benefit.
    4. Appraise post-disaster interventions and their efficacy.

    5-minute Presentation 30%
    2 Short Papers 30%
    Participation 10%
    Final Research Paper 30%

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.

Credits earned vary according to the policies of the students' home institutions. According to ISA policy and possible visa requirements, students must maintain full-time enrollment status, as determined by their home institutions, for the duration of the program.

Please reference fall and spring course lists as not all courses are taught during both semesters.

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

Please note that some courses with locals have recommended prerequisite courses. It is the student's responsibility to consult any recommended prerequisites prior to enrolling in their course.