Environmental Economics

22B1883

Bachelor

English

5.0

only summerterm

1 semester

The economic system is embedded in planetary boundaries for the extraction of resources and the absorption of pollutants. Environmental economics provides a toolbox for analysing these increasingly important aspects.

1. Recapitulation of basic microeconomic findings (tax vs. negotiated solution, public goods, common goods)

2. Resource economic analyses (finiteness, static and dynamic range of resources, underground prices, maximum production)

3. Scientific limits (2nd law of thermodynamics, entropy)

4. Policy measures (government regulations vs. market-based solutions, incentive systems, conflicting goals, dimensions of sustainability)

5. Current applications and discussions (climate change, energy transition, resource availability, international policy goals)

The total workload for the module is 150 hours (see also "ECTS credit points and grading").

are specified in the relevant class.

• Written examination or
• Portfolio exam

The portfolio exam covers 100 points and consists of one written paper (HA) and a one-hour written examination (K1). The written paper and the examination are weighted by 50 points each. 

Written examination:  in accordance with the valid study regulations

Written paper: approx. 10-15 pages

The requirements are specified in the relevant class.

Microeconomics, Game Theory and Behavioural Economics, and others

Students are familiar with the relevant global challenges with regard to the environment and the economy and can categorise the different positions with regard to economic activity under environmental restrictions. They understand the complexity and conflict potential of sustainable management and coherent global development).

The students develop a differentiated problem awareness with regard to issues of environmental economics.

Students are able to analyse debates on the global economic perspectives of sustainability and take a differentiated position.

Students can reconstruct sustainability discourses with regard to the coherence of global economic development that is at stake.

Students are able to creatively utilise a selected set of economic instruments and develop possible solutions.

Students will be able to analyse the spatial and temporal conflict dimensions of sustainability and argue their own position.

Students have developed an ability to abstract, which allows them to apply economic concepts to current environmental policy issues and to make a multidimensional assessment.

This module uses content from "Mikroökonomik" and "Game Theory and Behavioural Economics" in particular and is complemented by "Wachstum / Geld und Währung" and "Wachstum, Umwelt und Entwicklung"/"Growth and Development". Furthermore, content covered in the "Wirtschaftspolitisches Seminar" is taken up again.

• International Economics and Sustainability B.A. (01.09.2024)

• Skala, Martin

• Skala, Martin