Environmental Economic Analysis
| Numbering Code | G-ECON31 6A661 LE43 | Year/Term | 2022 ・ First semester | |
|---|---|---|---|---|
| Number of Credits | 2 | Course Type | Lecture | |
| Target Year | Target Student | |||
| Language | English | Day/Period | Mon.1 | |
| Instructor name | TAKEUCHI Kenji (Graduate School of Global Environmental Studies Professor) | |||
| Outline and Purpose of the Course | This course will provide a basic understanding on the economics of environmental policy at the introductory level. The course covers normative and positive analysis of environmental issues from the economic point of view. | |||
| Course Goals | Students learn how to frame and discuss environmental issues and policy in terms of economic theory and empirical evidence. | |||
| Schedule and Contents |
Session 1. The Environment and Economics [1], Normative and Positive Economic Analysis [2] Session 2. Social Choice [3], Efficiency and Markets [4], Market Failure [5] Session 3. Making Decisions about Environmental Programs [6], Demand for Environmental Goods [7] Session 4. Hedonic Price Theory [8] Session 5. Household Productions [9] Session 6. Constructed Markets [10] Session 7. Regulating Pollution [11] Session 8. Feedback Session 9. Emission Prices and Fees [12] Session 10. Property Rights [13] Session 11. Regulation with Unknown Control Costs [15], Audits, Enforcement, and Moral Hazard [16] Session 12. International and Interregional Competition [19] Session 13. Environment, Growth, and Development [20] Session 14. Discussion Session 15. Feedback * Numbers in square brackets are chapters in the textbook. |
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| Evaluation Methods and Policy |
Contribution to discussion session 50% Final Exam 50% |
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| Course Requirements | None | |||
| Study outside of Class (preparation and review) | Students are expected to read the assigned papers and prepare for the discussion in the class. | |||
| Textbooks | Textbooks/References | Environmental Economics, Charles D. Kolstad, (Oxford University Press, 2011) | ||
| References, etc. | A reading list will be available by the start of the course. | |||
