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Environmental Economics

* Exchange students do not have to consider this information when selecting suitable courses for an exchange stay.

Course Unit Code118-0359/01
Number of ECTS Credits Allocated4 ECTS credits
Type of Course Unit *Choice-compulsory type B
Level of Course Unit *Second Cycle
Year of Study *
Semester when the Course Unit is deliveredWinter Semester
Mode of DeliveryFace-to-face
Language of InstructionCzech
Prerequisites and Co-Requisites Course succeeds to compulsory courses of previous semester
Name of Lecturer(s)Personal IDName
DRA099doc. Ing. Magdaléna Drastichová, Ph.D.
Summary
Learning Outcomes of the Course Unit
The aims of the course – a student should be able to understand the relationships between human and natural systems, to identify threats that result from human activities for natural systems and threaten people’s wellbeing and ultimately the survival of people as such; to understand the basis and meaning of the concept of sustainable development, the possibilities of its measurement and the ways of its application in practice; to apply the principles of sustainability and sustainable development for relevant activities (projects, policies etc.) at every analytical level (organization, state, international community etc.); to compute Ecological Footprint and other Footprint Indicators and (more generally) to be able to quantify impacts of human systems on the environment.
Course Contents
1. Economics and the environment: basic definitions; relationships between human and natural systems; relationships between economic growth, population growth and the environment; impacts of environmental degradation.
2. Introduction to Environmental Economics: subject of interest, origin, two sub-disciplines, development.
3. Economics of Pollution: theory of externalities – definition of positive and negative externalities in relation to the environment.
4. Natural Resource Economics: classification of natural resources, optimization of the management of renewable and non-renewable resources.
5. Theoretical basis of instruments of environmental policy: command and control, economic instruments: environmental charges / taxes, subsidies, emissions / resource trading schemes, voluntary schemes and more.
6. Decision-making and the environment: aspects of discounting; valuation of externalities (valuation techniques), cost-benefit analysis (CBA) methodology and additional methods.
7. Concepts of sustainability: very weak, weak, strong, very strong sustainability; other concepts of sustainability (human sustainability); aspects of measurement.
8. The concept of sustainable development: theoretical aspects, development of the concept of sustainable development including its development in policies; aspects of the measurement of sustainable development; practical aspects: decoupling – as a concept putting sustainable development into operation, the green economy, the circular economy and more.
9. Alternative theories and approaches: Ecological Economics, Institutional Economics and more.
Recommended or Required Reading
Required Reading:
ANDERSON, D. A. (2013). Environmental Economics and Natural Resource Management, Fourth ed. New York: Taylor & Francis.
ŠIMÍČKOVÁ, M., DRASTICHOVÁ, M. (2013). Ekonomie udržitelnosti – alternativní přístupy a perspektivy. Ostrava: VŠB-TU Ostrava, Ekonomická fakulta. ISBN 978-80-248-3286-9.
ŠIMÍČKOVÁ, M. et al. (2012). Environmentální ekonomie. Studijní texty zpracované v rámci projektu ESF Inkubátor regionálních specialistů aneb inovace univerzitních regionálních studií CZ.1.07/2.2.00/15.0116. Ostrava, 2012. Dostupné z: http://lms.vsb.cz.
Recommended Reading:
DALY, H. E. (1996). Beyond Growth. Boston Beacon Press.TURNER, R. K. et al. (1993). Sustainable Environmental Economics and Management: Principles and Practice. John Wiley & Sons Incorporated.
MĚŘICKÝ, V (2005). Environmentální politika a udržitelný rozvoj. Praha: Portál, 2005. 208 s. ISBN 80-7367-003-8.
Planned learning activities and teaching methods
Lectures, Tutorials, Other activities
Assesment methods and criteria
Task TitleTask TypeMaximum Number of Points
(Act. for Subtasks)
Minimum Number of Points for Task Passing
Graded creditGraded credit100 51