After completing the course, students will be able to:
• explain the theoretical basis of economic instruments for environmental policy problems of their practical applications and their advantages in comparison with quantitative tools of regulation,
• summarize the criteria and methods for deciding on the optimal use of the basic features of the environment,
• clarify the nature of the concept of sustainable development and interrelationship of environmental, social and economic development,
• define the limits of environmental economics and alternative approaches to the use of natural resources and sustainable development,
• justify institutional development as a prerequisite to sustainable development,
• identify positive and negative impacts of globalization on the environment and sustainable development.
• explain the theoretical basis of economic instruments for environmental policy problems of their practical applications and their advantages in comparison with quantitative tools of regulation,
• summarize the criteria and methods for deciding on the optimal use of the basic features of the environment,
• clarify the nature of the concept of sustainable development and interrelationship of environmental, social and economic development,
• define the limits of environmental economics and alternative approaches to the use of natural resources and sustainable development,
• justify institutional development as a prerequisite to sustainable development,
• identify positive and negative impacts of globalization on the environment and sustainable development.