ESS508 ENVIRONMENTAL ECONOMICS

Course Code:8740508
METU Credit (Theoretical-Laboratory hours/week):3 (3.00 - 0.00)
ECTS Credit:8.0
Department:Earth System Science
Language of Instruction:English
Level of Study:Graduate
Course Coordinator:Lecturer Dr. BORA KAT
Offered Semester:Fall or Spring Semesters.

Course Objectives


Course Content

Consumption, production and cost. Competitive markets and welfare. Equilibrium and efficiency under different market structures. Market failure and the Coase theorem. Cost benefits analysis in imperfect markets. Natural and renewable resource economics. Policy alternatives to address environmental issues.


Course Learning Outcomes