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 Outcomes | 0 | 1 | 2 | 3 |
| 1 | Use and develop skillfully economic concepts and theories, analyse economic behaviour and events by conceptualizing and evaluating via scientific methods (Has skills regarding theory and analysis) | ✔ | |||
| 2 | Evaluate how economic policies affect economic performance and how economic interest, relationship and interaction affect policy decisions (Knowledgeable about economic policies) | ✔ | |||
| 3 | Design and carry out studies regarding data collection, analysis and evaluation, that can be used in decision processes at every level (individual, firm, government, etc.)(Knowledgeable about quantitative and qualitative methods) | ✔ | |||
| 4 | Evaluate systematically and compare economic knowledge, phenomena and methodology; Develop critical, creative/innovative approaches to these (Critical, creative, innovative) | ✔ | |||
| 5 | Understand current economic phenomena and relevant political developments using information and data from various resources and provide multifaceted explanations (Concerned about current events) | ✔ | |||
| 6 | Follow developments in economic theory and methods; Be open to continuous learning (Open to continuous learning) | ✔ | |||
| 7 | Have skills to work independently and in a team (Individual and teamwork) | ✔ | |||
| 8 | Approach critically to economic and societal events and problems while being sensitive to social problems; Produce solutions to these problems by scientific approach; Share own thoughts (Sensitive to social problems) | ✔ | |||
| 9 | Communicate clearly, effectively and fluently (in English and Turkish) verbally and in writing, utilizing new technologies (Has effective communication skills) | ✔ | |||
0: No Contribution 1: Little Contribution 2: Partial Contribution 3: Full Contribution