Course: Resource Economics and Environmental Policy (lecture) (5206-521)

Persons:

• Prof.Dr. Michael Ahlheim (verantwortlich)

Type of Course:

lecture

In-Class Hours Per Week:

2

Contents:

The lecture course will start with an overview of the different concepts of sustainability that are discussed in the economics literature as well as in practical environmental policy. Then the economic reasons for the failure of a market economy to ensure sustainability without government intervention will be scrutinized. Afterwards various instruments of environmental policy will be analyzed under the aspect of their suitability to cope with market failure in a national and an international context. Further, the problem of a sustainable use of natural resources over time will be discussed on the basis of different intertemporal resource models. The theoretical discussion will be illustrated using empirical examples of practical environmental policy.

Literature:

Introductory literature on theory and practical application will be provided on ILIAS. In addition to this, suitable literature to individual topics will also be announced in the lecture course appositely.

Location:

Hohenheim

Remarks:

Further information can be found on the homepage of the chair (https://umweltoekonomie.uni-hohenheim.de/).

Module:

• 5206-520 Environmental Economics 1 (compulsory)