ENVIRONMENTAL ECONOMICS AND POLICY
Learning outcomes of the course unit
a) Knowledge and Understanding
The course aims to provide knowledge of the compatibility and
interaction between economy and environment, in particular as regards
the use of common resources and sustainable development. The
approach starts by widening the notion of "economic system" to
understand those parts traditionally excluded in economics textbooks,
due to the non-applicability of market mechanism.
b) Ability to apply knowledge and understanding
The aim of the course is to equip the student to solid theoretical tools in
order to analyze the complex relationships of the economic system with
its environment, including the social relations and collective preferences
in relation to environmental values. This will allow the student to manage
in their working and professional life the increasingly strict environmental
c) Making judgments
The object of the course is to provide tools for independent judgment
regarding the interpretation and management of economic facts that go
beyond the mainstream micro and macro textbooks.
d) Communication skills
This course is designed to provide suggestions and ideas for many issues
widely discussed in various institutional and organizational levels.
e) Learning skills
The course aims to provide the analytical tools to engage critically with
the complex picture of environmental issues in the global economy.
Basic elements of micro- and macroeconomics
Course contents summary
1. Economy and environment: two parts of a whole
2. Natural resources and market failure
3. Willingness to pay and Cost Struccture
4. Efficiency and Sustainability.
5. Public Policy for Natural Resources.
6. Analysis and Evaluation of Natural Resources.
7. The policy of sustainable resources management
8. Economic models of natural resources
9. Non-renewable resources: measuring the economic value and
10.Renewable resources models: fresh water management and
Barry C. Field, NATURAL RESOURCE ECONOMICS, An Introduction.
Waveland Press Inc., 2015
Lectures, examples and case studies. Should anything happens and if allowed, lectures given in attendance will also be taken in remote by Teams and Elly platforms. More in details, at the beginning of each week of the Course a Teams live streaming lecture will be given, during which the topics of the week will be introduced with the opportunity of interactions with linked students. Moreover, every week short video-lectures (mp4 – short videos, about 10 minutes) will be loaded on Elly, to study in depth more complex topics of the syllabus.
Teams live streaming lectures, if allowed, will be recorded in order to be reloaded only in the current week of the lecture. Conversely, short video-lectures will be avilable till the end of the Academic Year. Enrollment online on Elly is needed to play these files.
Assessment methods and criteria
dell'apprendimento Exam will be different according to the future evolution of the pandemic at the beginning of the winter session of examination (December 2020 to February 2021). Therefore exams could be different in the subsequent sessions (Summer 2021). The following table displays the main differences between a face-to-face exam and a remote exam:
WRITTEN final exam. There are three open questions, with similar weight, with a time limit of one hour.
- Making judgements and Communication and Learning skills
- One question deals with theoretical or empirical topics in broad terms, the other concerns an in-depth study labelled in the syllabus as box.
- Answers must be rigorous, pertinent and complete, because the aim is toshow that a good understanding has been achieved.
Workgroup for attending students will be weighted as 10/30, and 20/30 will be marked for written exam.
All other candidates will be weighetd on 30/30 marks.
No additional material is needed to take the exam, but a pen. Exam results will be available no later than one week on Esse3 platform, and will be automatically sent via e-mail at the institutional e-mail address of the student.
On-line registration is compulsory.
REMOTE EXAMINATION. The oral examination will take place with Teams platform.The oral exam will last not more than 15 minutes.
Knowledge and understanding, the ability to study
and to think strict and clearly about a subject, will be assessed through
two detailed questions dealing with theoretical or empirical topics, for up to 20 marks.
The application of knowledge and understanding through a logical problem solving, will be assessed through one detailed question concerning an in-depth case study for up to 10 marks.
The final vote (on the scale of thirty) corresponds to the sum of the three previuos scores. The “lode” will be awarded on the basis of a clear mastery of the subject.
Exam results will be available no later than one week and
will be automatically (ESSE3) sent via e-mail at the institutional e-mail address of
On-line registration is needed. Further informations may be found on the Elly page of the Development Economics course (subscription is needed).
Once the registration list is closed, you will receive information about the necessary further steps to take from the Professor via email to your University account.
From now, please read carefully the “online exam guide” (https://en.unipr.it/node/3539), and IBD webpage (https://cdlm-ibd.unipr.it/)
Please use the institutional e-mail address only (email@example.com).
To make use of any kind of electronic device (except for the computer - with webcam and microphone - needed for running Teams) or notes during the exam is strictly forbidden.
All students will only have to rely on this syllabus to prepare for the exam.
Please check teacher's webpage for updates on dates of exams, office hours and so on.