Introduction to Environmental Economics
Course Learning Objectives
This course aims to provide an introduction to the theories, toolkits, research, and policy options needed to analyse and respond to natural resource and environment issues and problems. Human activity is now the dominant factor impacting the environment globally and economics can play a key role analysing and interpreting how we use and misuse natural resources. During the last sixty years a large amount of new economic theory and toolkit development has occurred enabling research and analysis of a very wide range of environmental and resource use issues.
The course will:
- Increase students’ awareness and appreciation of the importance of economic theory in resource use, allocation and management to public and private decision-makers.
- Develop participants’ understanding of basic theoretical concepts and analytical tools necessary to evaluate natural resource use, allocation and management issues.
- Develop students’ knowledge of analytical environmental economic models and valuation techniques such as benefit-cost analysis and non-market valuation.
On completion of the course participants will have the following:
- Ability to apply appropriate economic theory and analysis to real world environmental and natural resource issues.
- Greater understanding of a range of natural resource and environmental issues in both New Zealand and internationally.
- Increased ability to develop and appraise policy options to address natural resource and environmental issues in both New Zealand and internationally.
- Awareness of the key principles and practices underpinning sustainable activities and development.