Semester overwiew
Prüfung Cost Benefit Analysis in Environmental Evaluation (240901)
Appointment
A/B week
Study paths
- Environmental and Resource Management Master (1. - 3. ) / Examination regulations 2006 / Modul 41405 Wahlpflicht
- Betriebswirtschaftslehre Master (1. - 4. )
- Environmental and Resource Management Master (1. - 3. ) / Examination regulations 2011 / Modul 41405 Wahlpflicht
Course content
Part I: Normative and Positive Theories Overview: The Functioning of Markets and the Cases for State Intervention - Basic Problems of Environmental Politics; Part II: Cost Benefit Analysis in environmental politics. Methods to value changes in environmental quality. Theoretical background and practical application.
Aufwand:
Students will be able to: - describe the different methods to measure the welfare effects of changes in environmental quality - describe the problems of measuring the benefits of changes in environmental quality - understand the different steps and parts of a CBA - understand the political implications of a CBA
Voraussetzung:
Economics (BA), Environmental and resource economics (BA)
Leistungsnachweis:
Exam and Essay
Lehrmethoden und Lernziele:
The students will be able to apply various methods to examine the economic value of environmental goods and the judge the validity of each method. The additional lecture notes contain supplements. At the end of each lecture, there is a short conclusion of the previous lecture before starting with a new chapter. The questions of each chapter are directed at the students in some exercises which take place instead of some lectures. With a written examination at the end of semester (90 minutes) the students should demonstrate their ability to explain the principles and main relations of economics mentioned in the lecture course. The students should proof that they are able to give an economic interpretation of their answers.The students will be enabled to apllicate their knowledge about economic theory and environmental economics in a practical approach. This lecture focusses on special issues of the valuation of the natural environment applying useable economic instruments. - To enable students to understand and use the CBA for environmental measures. - To enable students to understand the implications of the results of a CBA for the process of political decision. - To sensitize students for some limits of the valuation of environmental goods.
Lecturers
- Prof. Dr. rer. pol. Frank Wätzold
- Charlotte Gerling
Module
Cost-Benefit Analysis in Environmental Evaluation (41405)
Prüfung Cost Benefit Analysis in Environmental Evaluation (Wiederholung) (240902)
Appointment
Mi 14:00 - 15:30, Einzel, at 29.03.2023, ZHG / Hörsaal B, ZHG
Study paths
- Environmental and Resource Management Master (1. - 3. ) / Examination regulations 2006 / Modul 41405 Wahlpflicht
- Betriebswirtschaftslehre Master (1. - 4. )
- Environmental and Resource Management Master (1. - 3. ) / Examination regulations 2011 / Modul 41405 Wahlpflicht
Course content
Part I: Normative and Positive Theories Overview: The Functioning of Markets and the Cases for State Intervention - Basic Problems of Environmental Politics; Part II: Cost Benefit Analysis in environmental politics. Methods to value changes in environmental quality. Theoretical background and practical application.
Aufwand:
Students will be able to: - describe the different methods to measure the welfare effects of changes in environmental quality - describe the problems of measuring the benefits of changes in environmental quality - understand the different steps and parts of a CBA - understand the political implications of a CBA
Voraussetzung:
Economics (BA), Environmental and resource economics (BA)
Leistungsnachweis:
Exam and Essay
Lehrmethoden und Lernziele:
The students will be able to apply various methods to examine the economic value of environmental goods and the judge the validity of each method. The additional lecture notes contain supplements. At the end of each lecture, there is a short conclusion of the previous lecture before starting with a new chapter. The questions of each chapter are directed at the students in some exercises which take place instead of some lectures. With a written examination at the end of semester (90 minutes) the students should demonstrate their ability to explain the principles and main relations of economics mentioned in the lecture course. The students should proof that they are able to give an economic interpretation of their answers.The students will be enabled to apllicate their knowledge about economic theory and environmental economics in a practical approach. This lecture focusses on special issues of the valuation of the natural environment applying useable economic instruments. - To enable students to understand and use the CBA for environmental measures. - To enable students to understand the implications of the results of a CBA for the process of political decision. - To sensitize students for some limits of the valuation of environmental goods.
Lecturers
- Charlotte Gerling
- Prof. Dr. rer. pol. Frank Wätzold
Module
Cost-Benefit Analysis in Environmental Evaluation (41405)
Kolloquium Research Colloquium Environmental Economics (240904)
Appointments
- Di 13:45 - 15:15, A/B week, 18.10.2022 to 07.02.2023
- Di 13:45 - 15:15, Einzel, at 24.01.2023, LB 4B / B3.20
Study path
Environmental and Resource Management PhD / Examination regulations 2017
Course content
Beschreibung: The Research Colloquium is designed for the presentation and discussion of ongoing research project related to environmental economics, including those of senior researchers, invited speakers as well as Masters and PhD students. The course programme will be published through public notices and on the internet.
Vorlesung/Seminar Cost Benefit Analysis in Environmental Evaluation (240905)
Appointments
- Mo 13:00 - 18:00, Einzel, at 30.01.2023, ZHG / Seminarraum 4, ZHG
- Mo 13:00 - 18:00, Einzel, at 16.01.2023, ZHG / Seminarraum 4, ZHG
- Mo 13:00 - 18:00, Einzel, at 23.01.2023, ZHG / Seminarraum 4, ZHG
- Mi 09:00 - 17:00, Einzel, at 25.01.2023, LB 4B / B3.18
- Mi 11:30 - 13:00, Einzel, at 19.10.2022, LB 4B / B3.18, ZRV 16.08.22: Ersatzraum 19.10.2022 (statt ZHG SR 2)
- Mi 11:30 - 13:00, A/B week, 19.10.2022 to 14.12.2022, ZHG / Seminarraum 2, ZHG
- Do 11:30 - 13:00, A/B week, 27.10.2022 to 29.12.2022, ZHG / Seminarraum 3, ZHG
- Fr 08:00 - 18:00, Einzel, at 03.02.2023, LB 4B / B3.18
- Fr 08:00 - 18:00, Einzel, at 27.01.2023, LB 4B / B3.18
Study paths
- Environmental and Resource Management Master (1. - 3. ) / Examination regulations 2011 / Modul 41405 Wahlpflicht
- Environmental and Resource Management Master (1. - 3. ) / Examination regulations 2006 / Modul 41405 Wahlpflicht
- Betriebswirtschaftslehre Master (1. - 4. )
Course content
Course aim
This course will introduce you to cost-benefit-analysis (CBA). In this course, you will learn some of the microeconomic foundation of CBA, how valuation of environmental goods is done and how CBA is applied in practice. We hope the course will excite you about the world of economics and encourage you to learn more about it.
Topics
1. Introduction
Introduction to the course – allocation of presentations
2. Economic principles for non-economists
Scarcity – Modeling – positive and normative statements – allocation of goods – markets – rational economic behaviour – marginal analysis – demand and supply – market equilibrium
3. Introduction: The basic steps of a CBA
Project specifications – definition of standing – impacts and measurement – impact prediction – monetization and discounting – net present value – sensitivity analysis
4. Conceptual foundation of CBA
Pareto efficiency – Kaldor-Hicks-criterion – limitations to CBA
5. Microeconomic foundations of CBA
Consumer and producer surplus – welfare effects of taxes – some theoretical caveats
6. Valuing costs and benefits in primary markets
Practical versus conceptually correct measures of cost and benefits – opportunity costs – willingness-to-pay
7. Valuing costs and benefits in secondary markets
Efficient secondary markets – distorted secondary markets – the perspective of local communities
8. Temporal dimension of CBA
Discounting – inflation – relative price changes
9. Social discount rate
What is the appropriate discount rate? – Intergenerational discounting
10. Risk and uncertainty in CBA
Typology of risk and uncertainty – economic approach of dealing with risk – value of information – option value – irreversibility.
11. Valuing impacts from observed behaviour
Demonstrations – direct estimation of demand curves
12. Theory and methods of benefit valuation I
Measures of economic value – travel cost method – hedonic pricing – production cost approach
13. Theory and methods of benefit valuation II
Contingent valuation – market stall approach – choice experiments – benefit transfers
14. Multi-criteria analysis as an alternative to cost-benefit analysis
Philosophy of multi-criteria analysis – methods of multi-criteria analysis – applying multi-criteria analysis in practise
Leistungsnachweis
Written exam: 90 minutes
successful participation in seminar (presentation and handout)
Lehrmethoden und Lernziele
To be able to apply economic thinking to solve environmental and resource management problems with a focus on cost-benefit analysis (CBA) and on cost-effective management and policy solutions.
Lecturers
- Charlotte Gerling
- Prof. Dr. rer. pol. Frank Wätzold
Hours per week
4.0
Module
Cost-Benefit Analysis in Environmental Evaluation (41405)
Vorlesung Environmental and Resource Economics (240906)
Appointment
Di 11:30 - 13:00, A/B week, 18.10.2022 to 07.02.2023, LB 4B / B3.22
Study path
Environmental and Resource Management Bachelor (3. ) / Examination regulations 2015 / Modul 41206 Pflicht
Course content
Course concept
The course is divided into 14 main parts or topics (including one part for revision and exam). Usually, one topic will cover one week, but some topics are a bit longer than 2h. Usually, we will present relevant knowledge about the topic which we will then discuss. Your participation in the discussion is very much appreciated.
Topics
1. Introduction
Introduction to the course – a brief history of (environmental) economic thought
2. Pigouvian taxes and Coase theorem
Market failure through externalities – Pigouvian taxes – remedying market failure through bargaining? Coase theorem
3. Evaluation of environmental policy instruments
Standards, taxes and tradable permits – evaluation criteria for policy instruments
4. EU CO2-emissions trading
Scheme overview - implementation in Germany
5. Stern-Review on Climate Change
Background – costs and benefits of mitigating climate change – criticism of Stern Review
6. International Environmental Negotiations
Kyoto protocoll - game theory as a means for analysis
7. Extension of environmental policy instruments I
Labelling – environmental management systems – voluntary agreements
8. Extension of environmental policy instruments II
Monopoly and environmental policy – asymmetric information
9. Extension of environmental policy instruments III
Is there a double dividend? – Feed-in-tariffs – environmentally harmful subsidies
10. Risk regulation
Different types of liability – liability and/or regulation? – insurance – moral hazard
11. Economics of renewable resources
Bio-economic modelling – optimal harvesting – common pool problems – proposed solutions to common pool problems
12. Economics of non-renewable resources
Hotelling-rule – optimal depletion of resources – private and social discount rates – is depletion of non-renewable resources a problem?
Leistungsnachweis
In order to get your credit points you have to pass a written exam at the end of the course. The reason is that you should learn and remember concepts from environmental economics. We will give you a few exam questions for each course topic. The exam at the end will contain a selection of these questions. You will be able to choose between the questions in the exam to a limited extent. The challenge is that you have to remember a lot of knowledge for the exam. Ideally, you should sit down after each lesson, answer the questions and revise everything a couple of days before the exam.
Lernmethoden und Lernziele
This course will introduce you to the broad field of environmental economics with a particular focus on the economic analysis of environmental policy instrument. At the end of the course, we will also briefly touch upon resource economics. The course will cover theoretical analysis but we will also show how to apply this to selected problems. We hope the course will excite you about environmental economics and encourage you to learn more about it.
Literature
We will provide you with detailed literature for each course topic. The environmental economics part in the library contains a good selection of books on various topics. There is also a ‘Semesterapparat’ for the course which contains a selection of books which are important for the course, e.g.:
Edwards-Jones, G., Davies, B., Hussain, S. (2000): Ecological Economics: An introduction, Blackwell Science Ltd., Oxford.
Hanley, N., Shogren, J., White, B. (2007): Environmental Economics in Theory and Practice.
Kolstad, C. (2000): Environmental Economics, Oxford University Press, Oxford.
Sterner, T. (2002): Policy Instruments for Environmental and Resource Management, RFF-Press, Washington D.C.
For those who are able to read German we also recommend
Endres, A. (2007): Umweltökonomie, 3. Auflage, Kohlhammer, Stuttgart.
Feess, E. (2007): Umweltökonomie und Umweltpolitik, 3. Auflage, Vahlen, München.
Lecturers
- Caterina De Petris
- Prof. Dr. rer. pol. Frank Wätzold
Hours per week
2.0
Module
Economic and Social Instruments of Environmental and Resource Management (41206)
Vorlesung/Seminar Economics of land and biodiversity conservation management incl. excursion (240907)
Appointments
- Di 15:30 - 17:00, A/B week, 18.10.2022 to 27.12.2022, LB 4B / B3.17
- Mi 13:45 - 15:15, A/B week, 19.10.2022 to 28.12.2022, LB 4B / B3.18
- Do 08:00 - 15:00, Einzel, at 26.01.2023, LB 4B / B3.19
- Do 15:30 - 18:30, Einzel, at 26.01.2023, LB 4B / B3.20
- Fr 08:00 - 18:00, Einzel, at 20.01.2023, LB 4B / B3.18
- Fr 10:00 - 11:30, Einzel, at 03.03.2023, LB 4B / B3.18
- Fr 13:00 - 14:30, Einzel, at 03.03.2023, LB 4B / B3.18
- Sa 08:00 - 18:00, Einzel, at 21.01.2023, LG 1A / Raum 304 (Hörsaal), LG1A
Study paths
- Landnutzung und Wasserbewirtschaftung Master (1. ) / Examination regulations 2018 / Wahlpflicht
- Landnutzung und Wasserbewirtschaftung Master (1. - 3. ) / Examination regulations 2008 / Modul 41427 Wahlpflicht
- Landnutzung und Wasserbewirtschaftung Master (1. - 3. ) / Examination regulations 2011 / Modul 41427 Wahlpflicht
- Environmental and Resource Management Master (1. - 3. ) / Examination regulations 2011 / Modul 41427 Wahlpflicht
- Environmental and Resource Management Master (1. - 3. ) / Examination regulations 2006 / Ergänzungsmodul
Course content
Course aim
This course will introduce you to how economists analyse land use decisions and biodiversity conservation. It has a focus on policy instruments to conserve biodiversity and optimize land use in developed and developing countries. Note that this course does not deal with the monetary valuation of projects to conserve (or not to conserve) biodiversity, this is done in the course Cost-benefit-analysis.
Course concept
The course is divided into 15 main parts or topics (including one part for revision). Usually, one topic will cover 2 hours a week, but the topics differ somewhat in length; hence some topics may be a bit longer than 2h and others shorter. In addition to the lessons there will be a one or two day seminar at the end of the course with a presentation from you side (see below).
Topics
1. Introduction to the course – allocation of presentations
2. Costs and the cost-effective allocation of reserves
3. Tradable permits for biodiversity conservation I:
From offsetting to conservation banking (Basic idea – conceptual issues)
4. Tradable permits for biodiversity conservation II:
Case studies (US Species Conservation Banking and the German Impact Mitigation Principle - Eingriffsregel)
5. Payments for Ecosystem Services I
(Basic principles, evaluation criteria)
6. Payments for Ecosystem Services II
(reducing the producer surplus from land owners: agglomeration payments and auctions)
7. Payments for Ecosystem Services III
(payments for environmental goods, other aspects)
8. The concept of ecosystem goods and services
9. Common pool resources and institutions
10. REDD – reducing emissions from deforestation and degradation
11. The optimal temporal allocation of land use measures
12. Economics of proactive biodiversity conservation
13. Open topic
14. TEEB – The Economics of Ecosystems and Biodiversity
15. Revision and preparation for exam
Voraussetzung
Basic economic knowledge recommended!
Leistungsnachweis
Written exam at the end of the term
successful participation in seminar (presentation and handout)
Lehrmethoden und Lernziele
Student shall
- acquire knowledge about the economic analysis of sustainable land use and biodiversity conservation
- get acquainted with an economic analysis of related policy instruments
- be able to discuss related issues on a scientific level
- be able to read scientific papers and discuss them critically
Literature
To be announced in class
Lecturers
- Caterina De Petris
- Prof. Dr. rer. pol. Frank Wätzold
Hours per week
4.0
Module
Economics of Land Use and Biodiversity Conservation (41427)
Vorlesung/Übung Einführung in die Ökonomik der Landnutzung und Wasserbewirtschaftung (240908)
Appointments
- Mo 13:45 - 15:15, A/B week, 17.10.2022 to 06.02.2023, LB 4B / B3.20
- Do 13:45 - 15:15, A/B week, 20.10.2022 to 08.02.2023, LB 4B / B3.20
Study paths
- Landnutzung und Wasserbewirtschaftung Bachelor (3. ) / Examination regulations 2017 / Pflicht
- Landnutzung und Wasserbewirtschaftung Bachelor (3. ) / Examination regulations 2011 / Pflicht
Course content
• Einführung in die Ökonomik
• Märkte und Effizienz
• Gründe für Marktversagen
• Wohlstandmessung und Umweltqualität
• Coase-Theorem und Verfügungsrechte im Gewässerschutz
• Umweltpolitische Instrumente einer nachhaltigen Landnutzung
• Ökonomische Aspekte des Gewässermanagements
• Einführung in die monetäre Bewertung von Umweltschäden und die Kosten-Nutzen-Analyse
Aufwand:
- Vorlesung / 4 SWS
- Selbststudium / 120 Stunden
Leistungsnachweis:
Schriftliche Prüfung (90 min.)
Lehrmethoden und Lernziele
Die Studierenden sollen
• die Grundlagen des (mikro)ökonomischen Denkens erlernen,
• umweltpolitische Instrumente aus ökonomischer Perspektive analysieren können und
• ausgewählte Landnutzungskonflikte aus ökonomischer Sicht bewerten können.
Literature
Wird am Anfang des Kurses bekannt gegeben.
Lecturers
- Nonka Markova-Nenova
- Prof. Dr. rer. pol. Frank Wätzold
Hours per week
4.0
Module
Einführung in die Ökonomik der Landnutzung und Wasserbewirtschaftung (11143)
Prüfung Environmental and Resource Economics (240909)
Appointment
Di 11:00 - 12:30, Einzel, at 28.02.2023, ZHG / Hörsaal B, ZHG
Study path
Environmental and Resource Management Bachelor (3. ) / Examination regulations 2015 / Modul 41206 Pflicht
Course content
Course concept
The course is divided into 14 main parts or topics (including one part for revision and exam). Usually, one topic will cover one week, but some topics are a bit longer than 2h. Usually, we will present relevant knowledge about the topic which we will then discuss. Your participation in the discussion is very much appreciated.
Topics
1. Introduction
Introduction to the course – a brief history of (environmental) economic thought
2. Pigouvian taxes and Coase theorem
Market failure through externalities – Pigouvian taxes – remedying market failure through bargaining? Coase theorem
3. Evaluation of environmental policy instruments
Standards, taxes and tradable permits – evaluation criteria for policy instruments
4. EU CO2-emissions trading
Scheme overview - implementation in Germany
5. Stern-Review on Climate Change
Background – costs and benefits of mitigating climate change – criticism of Stern Review
6. International Environmental Negotiations
Kyoto protocoll - game theory as a means for analysis
7. Extension of environmental policy instruments I
Labelling – environmental management systems – voluntary agreements
8. Extension of environmental policy instruments II
Monopoly and environmental policy – asymmetric information
9. Extension of environmental policy instruments III
Is there a double dividend? – Feed-in-tariffs – environmentally harmful subsidies
10. Risk regulation
Different types of liability – liability and/or regulation? – insurance – moral hazard
11. Economics of renewable resources
Bio-economic modelling – optimal harvesting – common pool problems – proposed solutions to common pool problems
12. Economics of non-renewable resources
Hotelling-rule – optimal depletion of resources – private and social discount rates – is depletion of non-renewable resources a problem?
13. Revision and preparation for exam
14. Exam
Contact
Most importantly, if you have any questions do not hesitate to ask them! We will be available for you during our consultation times on Tuseday from 14.00-15.00 (Prof. Wätzold) in my office at Lg10/532g, on Thursday from 14.00-15.00 (O. Schöttker) in office LG10/533k or after the lesson.
Leistungsnachweis:
In order to get your credit points you have to pass a written exam at the end of the course. The reason is that you should learn and remember concepts from environmental economics. We will give you a few exam questions for each course topic. The exam at the end will contain a selection of these questions. You will be able to choose between the questions in the exam to a limited extent. The challenge is that you have to remember a lot of knowledge for the exam. Ideally, you should sit down after each lesson, answer the questions and revise everything a couple of days before the exam.
Lehrmethoden und Lernziele:
This course will introduce you to the broad field of environmental economics with a particular focus on the economic analysis of environmental policy instrument. At the end of the course, we will also briefly touch upon resource economics. The course will cover theoretical analysis but we will also show how to apply this to selected problems. We hope the course will excite you about environmental economics and encourage you to learn more about it.
Literature
We will provide you with detailed literature for each course topic. The environmental economics part in the library contains a good selection of books on various topics. There is also a ‘Semesterapparat’ for the course which contains a selection of books which are important for the course, e.g.:
Edwards-Jones, G., Davies, B., Hussain, S. (2000): Ecological Economics: An introduction, Blackwell Science Ltd., Oxford.
Hanley, N., Shogren, J., White, B. (2007): Environmental Economics in Theory and Practice.
Kolstad, C. (2000): Environmental Economics, Oxford University Press, Oxford.
Sterner, T. (2002): Policy Instruments for Environmental and Resource Management, RFF-Press, Washington D.C.
For those who are able to read German we also recommend
Endres, A. (2007): Umweltökonomie, 3. Auflage, Kohlhammer, Stuttgart.
Feess, E. (2007): Umweltökonomie und Umweltpolitik, 3. Auflage, Vahlen, München.
Lecturers
- Prof. Dr. rer. pol. Frank Wätzold
- Caterina De Petris
Hours per week
2.0
Module
Economic and Social Instruments of Environmental and Resource Management (41206)
Prüfung Economics of land and biodiversity conservation management (240912)
Appointment
Mi 13:45 - 15:15, Einzel, at 14.12.2022, ZHG / Audimax 2, ZHG
Study paths
- Landnutzung und Wasserbewirtschaftung Master (1. ) / Examination regulations 2018 / Wahlpflicht
- Landnutzung und Wasserbewirtschaftung Master (1. - 3. ) / Examination regulations 2011 / Modul 41427 Wahlpflicht
- Environmental and Resource Management Master (1. - 3. ) / Examination regulations 2011 / Modul 41427 Wahlpflicht
Course content
- optimal spatial allocation of land use
- policy instruments for sustainable land use (PES, conservation banking)
- institutions and governance structures, common pool resources
- REDD (reducing emissions from deforestation and degradation)
Voraussetzung:
Basic economic knowledge recommended!
Leistungsnachweis:
A written exam in the middle of the term and a short written summary and an oral presentation of a scientific paper in class.
Lehrmethoden und Lernziele:
Student shall
- acquire knowledge about the economic analysis of sustainable land use and biodiversity conservation
- get acquainted with an economic analysis of related policy instruments
- be able to discuss related issues on a scientific level
- be able to read scientific papers and discuss them critically
Literature
To be announced in class
Lecturers
- Prof. Dr. rer. pol. Frank Wätzold
- Caterina De Petris
Module
Economics of Land Use and Biodiversity Conservation (41427)
Vorlesung Statistics for Economic Analysis of Ecosystem Service Provision and Biodiversity Conservation (240918)
Appointments
- Fr 09:30 - 16:00, Einzel, at 21.10.2022, LB 4B / B3.21
- Fr 09:30 - 16:00, Einzel, at 18.11.2022, LB 4B / B3.21
- Fr 09:30 - 16:00, Einzel, at 14.10.2022, LB 4B / B3.21
- Fr 09:30 - 16:00, Einzel, at 11.11.2022, LB 4B / B3.21
- Fr 09:30 - 16:00, Einzel, at 28.10.2022, LB 4B / B3.21
- Fr 09:30 - 16:00, Einzel, at 04.11.2022, LB 4B / B3.21
Course content
Please refer to the module description for course content.
Lecturer
Dr. rer. pol. Martin Drechsler
Module
Statistics for Economic Analysis of Ecosystem Service Provision and Biodiversity Conservation (12032)
Prüfung Environmental and Resource Economics (240944)
Appointment
Di 14:00 - 15:30, Einzel, at 28.03.2023, LG 1A / Hörsaal 2, LG 1A
Study path
Environmental and Resource Management Bachelor (3. ) / Examination regulations 2015 / Modul 41206 Pflicht
Course content
Course concept
The course is divided into 14 main parts or topics (including one part for revision and exam). Usually, one topic will cover one week, but some topics are a bit longer than 2h. Usually, we will present relevant knowledge about the topic which we will then discuss. Your participation in the discussion is very much appreciated.
Topics
1. Introduction
Introduction to the course – a brief history of (environmental) economic thought
2. Pigouvian taxes and Coase theorem
Market failure through externalities – Pigouvian taxes – remedying market failure through bargaining? Coase theorem
3. Evaluation of environmental policy instruments
Standards, taxes and tradable permits – evaluation criteria for policy instruments
4. EU CO2-emissions trading
Scheme overview - implementation in Germany
5. Stern-Review on Climate Change
Background – costs and benefits of mitigating climate change – criticism of Stern Review
6. International Environmental Negotiations
Kyoto protocoll - game theory as a means for analysis
7. Extension of environmental policy instruments I
Labelling – environmental management systems – voluntary agreements
8. Extension of environmental policy instruments II
Monopoly and environmental policy – asymmetric information
9. Extension of environmental policy instruments III
Is there a double dividend? – Feed-in-tariffs – environmentally harmful subsidies
10. Risk regulation
Different types of liability – liability and/or regulation? – insurance – moral hazard
11. Economics of renewable resources
Bio-economic modelling – optimal harvesting – common pool problems – proposed solutions to common pool problems
12. Economics of non-renewable resources
Hotelling-rule – optimal depletion of resources – private and social discount rates – is depletion of non-renewable resources a problem?
13. Revision and preparation for exam
14. Exam
Contact
Most importantly, if you have any questions do not hesitate to ask them! We will be available for you during our consultation times on Tuseday from 14.00-15.00 (Prof. Wätzold) in my office at Lg10/532g, on Thursday from 14.00-15.00 (O. Schöttker) in office LG10/533k or after the lesson.
Leistungsnachweis:
In order to get your credit points you have to pass a written exam at the end of the course. The reason is that you should learn and remember concepts from environmental economics. We will give you a few exam questions for each course topic. The exam at the end will contain a selection of these questions. You will be able to choose between the questions in the exam to a limited extent. The challenge is that you have to remember a lot of knowledge for the exam. Ideally, you should sit down after each lesson, answer the questions and revise everything a couple of days before the exam.
Lehrmethoden und Lernziele
This course will introduce you to the broad field of environmental economics with a particular focus on the economic analysis of environmental policy instrument. At the end of the course, we will also briefly touch upon resource economics. The course will cover theoretical analysis but we will also show how to apply this to selected problems. We hope the course will excite you about environmental economics and encourage you to learn more about it.
Literature
We will provide you with detailed literature for each course topic. The environmental economics part in the library contains a good selection of books on various topics. There is also a ‘Semesterapparat’ for the course which contains a selection of books which are important for the course, e.g.:
Edwards-Jones, G., Davies, B., Hussain, S. (2000): Ecological Economics: An introduction, Blackwell Science Ltd., Oxford.
Hanley, N., Shogren, J., White, B. (2007): Environmental Economics in Theory and Practice.
Kolstad, C. (2000): Environmental Economics, Oxford University Press, Oxford.
Sterner, T. (2002): Policy Instruments for Environmental and Resource Management, RFF-Press, Washington D.C.
For those who are able to read German we also recommend
Endres, A. (2007): Umweltökonomie, 3. Auflage, Kohlhammer, Stuttgart.
Feess, E. (2007): Umweltökonomie und Umweltpolitik, 3. Auflage, Vahlen, München.
Lecturers
- Charlotte Gerling
- Prof. Dr. rer. pol. Frank Wätzold
Hours per week
2.0
Module
Economic and Social Instruments of Environmental and Resource Management (41206)
Prüfung Economics of land and biodiversity conservation management (240958)
Appointment
Mi 11:00 - 12:30, Einzel, at 29.03.2023, ZHG / Hörsaal B, ZHG
Study paths
- Landnutzung und Wasserbewirtschaftung Master (1. - 3. ) / Examination regulations 2011 / Modul 41427 Wahlpflicht
- Environmental and Resource Management Master (1. - 3. ) / Examination regulations 2011 / Modul 41427 Wahlpflicht
- Landnutzung und Wasserbewirtschaftung Master (1. ) / Examination regulations 2018 / Wahlpflicht
Course content
- optimal spatial allocation of land use
- policy instruments for sustainable land use (PES, conservation banking)
- institutions and governance structures, common pool resources
- REDD (reducing emissions from deforestation and degradation)
Voraussetzung:
Basic economic knowledge recommended!
Leistungsnachweis:
A written exam in the middle of the term and a short written summary and an oral presentation of a scientific paper in class.
Lehrmethoden und Lernziele:
Student shall
- acquire knowledge about the economic analysis of sustainable land use and biodiversity conservation
- get acquainted with an economic analysis of related policy instruments
- be able to discuss related issues on a scientific level
- be able to read scientific papers and discuss them critically
Literature
To be announced in class
Lecturers
- Charlotte Gerling
- Prof. Dr. rer. pol. Frank Wätzold
Module
Economics of Land Use and Biodiversity Conservation (41427)
Prüfung Einführung in die Ökonomik der Landnutzung und Wasserbewirtschaftung (240959)
Appointment
Di 14:00 - 15:30, Einzel, at 28.02.2023, ZHG / Hörsaal B, ZHG
Study paths
- Landnutzung und Wasserbewirtschaftung Bachelor (3. ) / Examination regulations 2017 / Pflicht
- Landnutzung und Wasserbewirtschaftung Bachelor (3. ) / Examination regulations 2011 / Pflicht
Course content
• Einführung in die Ökonomik
• Märkte und Effizienz
• Gründe für Marktversagen
• Wohlstandmessung und Umweltqualität
• Coase-Theorem und Verfügungsrechte im Gewässerschutz
• Umweltpolitische Instrumente einer nachhaltigen Landnutzung
• Ökonomische Aspekte des Gewässermanagements
• Einführung in die monetäre Bewertung von Umweltschäden und die Kosten-Nutzen-Analyse
Aufwand
- Vorlesung / 4 SWS
- Selbststudium / 120 Stunden
Leistungsnachweis:
Schriftliche Prüfung (90 min.)
Lehrmethoden und Lernziele:
Die Studierenden sollen
• die Grundlagen des (mikro)ökonomischen Denkens erlernen,
• umweltpolitische Instrumente aus ökonomischer Perspektive analysieren können und
• ausgewählte Landnutzungskonflikte aus ökonomischer Sicht bewerten können.
Lecturers
- Nonka Markova-Nenova
- Prof. Dr. rer. pol. Frank Wätzold
Module
Einführung in die Ökonomik der Landnutzung und Wasserbewirtschaftung (11143)
Prüfung Einführung in die Ökonomik der Landnutzung und Wasserbewirtschaftung (240962)
Appointment
Di 11:00 - 12:30, Einzel, at 28.03.2023, ZHG / Hörsaal B, ZHG
Study paths
- Landnutzung und Wasserbewirtschaftung Bachelor (3. ) / Examination regulations 2011 / Pflicht
- Landnutzung und Wasserbewirtschaftung Bachelor (3. ) / Examination regulations 2017 / Pflicht
Course content
• Einführung in die Ökonomik
• Märkte und Effizienz
• Gründe für Marktversagen
• Wohlstandmessung und Umweltqualität
• Coase-Theorem und Verfügungsrechte im Gewässerschutz
• Umweltpolitische Instrumente einer nachhaltigen Landnutzung
• Ökonomische Aspekte des Gewässermanagements
• Einführung in die monetäre Bewertung von Umweltschäden und die Kosten-Nutzen-Analyse
Aufwand:
- Vorlesung / 4 SWS
- Selbststudium / 120 Stunden
Leistungsnachweis:
Schriftliche Prüfung (90 min.)
Lehrmethoden und Lernziele:
Die Studierenden sollen
• die Grundlagen des (mikro)ökonomischen Denkens erlernen,
• umweltpolitische Instrumente aus ökonomischer Perspektive analysieren können und
• ausgewählte Landnutzungskonflikte aus ökonomischer Sicht bewerten können.
Lecturers
- Nonka Markova-Nenova
- Prof. Dr. rer. pol. Frank Wätzold
Module
Einführung in die Ökonomik der Landnutzung und Wasserbewirtschaftung (11143)