Environmental Economics

Numbering Code G-GES32 53294 LE43 Year/Term 2022 ・ The first half of first semester
Number of Credits 1 Course Type Lecture
Target Year Master's students 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 1. The Environment and Economics [1]
Normative and Positive Economic Analysis [2]
2. Social Choice [3]
Efficiency and Markets [4]
Market Failure [5]
3. Making Decisions about Environmental Programs [6]
Demand for Environmental Goods [7]
4. Hedonic Price Theory [8]
5. Household Productions [9]
6. Constructed Markets [10]
7. Regulating Pollution [11]
8. Feedback

* Numbers in square brackets are chapters in the textbook.

オンラインで実施することがあるため、KULASIS、PandA等で確認すること.
Check the information on KULASIS and PandA as lessons might be held online.
Evaluation Methods and Policy Contribution to discussion session 50%
Final Exam 50%

Achievement level is assessed by GSGES's criteria.
Course Requirements You are recommended to take "Global Environmental Policy and Economics".
Study outside of Class (preparation and review) Students are required to read the assigned papers and prepare for the discussion in the class.
Textbooks Textbooks/References Environmental Economics, Second Edition, Charles D. Kolstad, (Oxford University Press, 2011)
References, etc. A reading list will be available by the start of the course.
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