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351-0537-00L 3 Credits MSC , NDS D-ITET , D-MAVT , D-MTEC , D-MATH

Resource and Environmental Economics

Lecturers & Examiners: Prof. em. Dr. Lucas Bretschger
VVZ CR n/a

Last Updated: 2026-02-05 15:25:06

Abstract

Relationship between economy and environment, market failure, external effects and public goods, contingent valuation, internalisation of externalities; economics of non-renewable resources, economics of renewable resources, cost-benefit analysis, sustainability, and international aspects of resource and environmental economics.

Objective

Understanding of the basic issues and methods in resource and environmental economics; ability to solve typical problems in the field using the appropriate tools, which are concise verbal explanations, diagrams or mathematical expressions.

Content

Economy and natural environment, welfare concepts and market failure, external effects and public goods, measuring externalities and contingent valuation, internalising external effects and environmental policy, economics of non-renewable resources, renewable resources, cost-benefit-analysis, sustainability issues, international aspects of resource and environmental problems, selected examples and case studies.

Resources

Literature

Perman, R., Ma, Y., McGilvray, J, Common, M.: "Natural Resource & Environmental Economics", 3d edition, Longman, Essex 2003.

General Information

Language
English
Levels
MSC , NDS
Frequency
Yearly recurring

Examination

Type
end-of-semester examination

Course Components

Type Title Time & Place Hours
lecture with exercise Resource and Environmental Economics
  • Wed 15:15-17:00 (HG D 1.1)
2 h weekly

Offered In