Course Details

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Course Information
SemesterCourse Unit CodeCourse Unit TitleT+P+LCreditNumber of ECTS CreditsLast Updated Date
8ECON424ENVIRONMENTAL ECONOMICS AND POLICY3+0+03514.05.2025

 
Course Details
Language of Instruction English
Level of Course Unit Bachelor's Degree
Department / Program ECONOMICS
Type of Program Formal Education
Type of Course Unit Elective
Course Delivery Method Face To Face
Objectives of the Course Introducing basic problems in environmental economics.
Providing knowledge on existing measurements of sustainability in relation to discussions in the field of environmental economics.
Developing basic knowledge about policy tools for the analysis and solutions of market failures and related problems in the field of environmental economics.
Course Content Necessary information and foundations for gaining an understanding and making analyses of the basic problems in environmental economics is provided throughout the course. Topics are developed in order to encompass the analysis of market failures and policy tools for the solutions of related problems. In addition, subjects such as the theory of public space usage, pollution markets, definition of customer behaviors in the field of environmental economics and their analyses are introduced.
Course Methods and Techniques
Prerequisites and co-requisities None
Course Coordinator Associate Prof.Dr. Umut TÜRK
Name of Lecturers None
Assistants None
Work Placement(s) No

Recommended or Required Reading
Resources -

Course Category
Mathematics and Basic Sciences %0
Engineering %0
Engineering Design %0
Social Sciences %100
Education %0
Science %0
Health %0
Field %0

Planned Learning Activities and Teaching Methods
Activities are given in detail in the section of "Assessment Methods and Criteria" and "Workload Calculation"

Assessment Methods and Criteria
In-Term Studies Quantity Percentage
Yarıyıl İçi Çalışmalarının Başarı Notunun Katkısı 1 % 40
Final examination 1 % 60
Total
2
% 100

 
ECTS Allocated Based on Student Workload
Activities Quantity Duration Total Work Load
Rapor 12 3 36
Araştırma 12 3 36
İnceleme 12 3 36
Yüz Yüze Ders 14 3 42
Final Sınavı 1 3 3
Total Work Load   Number of ECTS Credits 5 153

 
Course Learning Outcomes: Upon the successful completion of this course, students will be able to:
NoLearning Outcomes
1 Define relationships between economics and environmental issues.
2 Discuss environmental valuation and decision-making techniques.
3 Interpret market failures that cause or emerge after environmental crises.
4 Examine environmental policies and existing policy related tools.

 
Weekly Detailed Course Contents
WeekTopicsStudy MaterialsMaterials
1 Introduction to Environmental Economics
2 Theoretical Foundations – Market Failure and Externalities
3 Property Rights and the Tragedy of the Commons
4 Environmental Valuation I – Use and Non-Use Values
5 Environmental Valuation II – Contingent Valuation and Choice Experiments
6 Cost-Benefit Analysis and Environmental Decision-Making - -
7 Midterm Review and Class Discussion - -
8 Midterm Exam
9 Instruments of Environmental Policy I – Command-and-Control Tools - -
10 Instruments of Environmental Policy II – Market-Based Tools
11 Sustainable Development and Environmental Indicators - -
12 Behavioral and Experimental Environmental Economics
13 Climate Change Economics and Global Environmental Agreements
14 Student Presentations + Final Wrap-Up - -

 
Contribution of Learning Outcomes to Programme Outcomes
P1 P2 P3 P4 P5 P6 P7 P8 P9 P10
C1 1 5 3 2 5 2
C2 2 3 1 2 5 1 4 2 4 1
C3 3 1 2 5 2 3 3 5 2
C4 5 1 4 3 4

  Contribution: 1: Very Slight 2:Slight 3:Moderate 4:Significant 5:Very Significant

  
  https://sis.agu.edu.tr/oibs/bologna/progCourseDetails.aspx?curCourse=72345&lang=en
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