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Environmental Economics

  • Teacher(s):   S.Di Falco  
  • Course given in: English
  • ECTS Credits: 3 credits
  • Schedule: Spring Semester 2021-2022, 2.0h. course (weekly average)
  •  sessions
  • site web du cours course website
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Environmental economics is at the forefront of the response to local, national and global environmental problems and as such it has become an essential part of the thinking and actions of national and regional governments and international agencies. This course offers an introduction to the theory of the economics of the environment and natural resource management.


This course will show how economic thinking can assist real world policymaking in areas such as sustainability and resource conservation. After a brief introduction to sustainability the course will cover two different themes. First theme presents the covers the economics of non- renewable resources. The second theme will focus on renewable resources. Implications of climate change will be also discussed


Course material is based on the combination of book material and academic journals. These are summarized in the class hand out. They will be uploaded every week. I will follow mostly the following book: Perman, R., Y. Ma, M. Common, D. Maddison and J. McGilvray (2011) Natural Resource and Environmental Economics, 4th Edition, Pearson, Harlow. In alternative consider Kolstad, C., Environmental Economics, New York: Oxford University Press, 2000. Students that prefer a less mathematical treatment may consult Tietenberg and Lewis Environmental & Natural Resources Economics (9th Edition), Pearson.


Introduction to microeconomics


First attempt

Without exam (cf. terms)  

30% presentation, 70% take-home essay


Without exam (cf. terms)  

30% presentation, 70% take-home essay

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