ECON425 ENVIRONMENTAL ECONOMICS

Course Code:3110425
METU Credit (Theoretical-Laboratory hours/week):3 (3.00 - 0.00)
ECTS Credit:6.0
Department:Economics
Language of Instruction:English
Level of Study:Undergraduate
Course Coordinator:Assoc.Prof.Dr. SERAP AŞIK
Offered Semester:Fall Semesters.

Course Objectives

At the end of this course, the student will learn:

  • basic concepts used in environmental economics, natural resource economics, ecological economics and Marxian economics
  • basic models of natural resource use over time
  • global environmental problems and specifically climate change

Course Content

The effects of economic activity on the natural environment with special reference to urban development forms the central subject matter of the course. Consideration is given to economic analysis of the causes of pollution and its control through taxes, the use of property rights and standards.


Course Learning Outcomes

Student, who passed the course satisfactorily will be able to:

  • identify the differences  between neoclassical, ecological and Marxian economic theories in terms of their perception about the relationship between environment and economy
  • solve nonrenewable and renewable resource allocation problems
  • identify the policies to be developed as a response to basic natural resource depletion and environmental pollution problems

Program Outcomes Matrix

Level of Contribution
#Program Outcomes0123
1The aim of our program is to equip our students with the necessary skills and tools to have a firm understanding of economic theory and policymaking. Our graduates will be able to conceptualize economic problems, assess, analyze, and propose scientific solutions to them.
2Our students are expected to have interdisciplinary perspective to be able to follow and understand daily economic and political developments.
3Our program also trains students to be open to new ideas, be sensitive about social problems surrounding them and work towards providing solutions for these to share with their community.

0: No Contribution 1: Little Contribution 2: Partial Contribution 3: Full Contribution