MLI26C707 - Environmental Economics, Lecture, 30.6.2025-18.7.2025

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Please note! Course description is confirmed for two academic years, which means that in general, e.g. Learning outcomes, assessment methods and key content stays unchanged. However, via course syllabus, it is possible to specify or change the course execution in each realization of the course, such as how the contact sessions are organized, assessment methods weighted or materials used.

LEARNING OUTCOMES

Learning outcomes for this course, upon successful completion, include the ability to: 1) understand essential concepts in environmental economics, 2) develop a critical appreciation of environmental economics as applied to exhaustible and renewable resources, 3) embed sustainability in economic decision-making to enhance environmental quality, and 4) relate environmental economics to real world issues and circumstances by solving practical problems and implementing policies.

Credits: 6

Schedule: 30.06.2025 - 18.07.2025

Teacher in charge (valid for whole curriculum period):

Teacher in charge (applies in this implementation): Subhadra Ganguli

Contact information for the course (applies in this implementation):

CEFR level (valid for whole curriculum period):

Language of instruction and studies (applies in this implementation):

Teaching language: English. Languages of study attainment: English

CONTENT, ASSESSMENT AND WORKLOAD

Content

  • valid for whole curriculum period:

    The primary focus of the course is to understand the nature, scope and key concepts of environmental economics. The course also addresses the existing relationship between the economy and the environment, including global challenges such as climate change and responses to them such as the United Nations Sustainable Development Goals (SDGs). In addition, students learn about property rights, market failures and externalities and are introduced to key techniques of environmental analysis. The theory of Optimal Allocation of renewable and non-renewable resources is also discussed. The key analytical tools and principles covered in the course are applied to current environmental challenges and practices in Europe and the rest of the world.

DETAILS

Substitutes for Courses
Prerequisites
SDG: Sustainable Development Goals

    6 Clean Water and Sanitation

    7 Affordable and Clean Energy

    11 Sustainable Cities and Communities

    12 Responsible Production and Consumption

    13 Climate Action

    14 Life Below Water

FURTHER INFORMATION

Further Information

  • valid for whole curriculum period:

    Teaching Language: English

    Teaching Period: 2024-2025 Module 14
    2025-2026 Module 14

    Registration:

    The course is targeted only for the Mikkeli Campus students.

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