Planeamento

Aulas do tipo Teórico-Prático

Introduction

Course presentation.

Links between the Economy and Nature.
Main environmental problems.


Introduction and basic concepts

Economic efficiency and markets.

Play or keep game: provision of an environmental good in a simulated market.
Market inefficiency in the presence of environmental goods.


Economics of Pollution

The optimum level of environmental quality.


Economics of Pollution

Workout 1 (Market failures and Economics of pollution).


Environmental decision support techniques

Environmental decision support techniques.

Cost-benefit analysis (CBA).


Environmental decision support techniques

Cost analysis:

- Cost concepts;
- Value concepts.


Environmental decision support techniques

Benefit analysis:

- Revealed preference methods;
- Stated preference methods.


Environmental decision support techniques

Workout 2 (Environmental valuation methods).


Instruments of Environmental Policy

Instruments of environmental policy: Introduction.

Institutional instruments of environmental policy.


Instruments of Environmental Policy

Command and control instruments of environmental policy.


Instruments of Environmental Policy

Market-based instruments of environmental policy:

- Charges;
- Subsidies.


Instruments of Environmental Policy

Market-based instruments of environmental policy:

- Tradable permits.


Instruments of Environmental Policy

Market-based instruments of environmental policy: the example of the EU ETS.


Feedback on groupwork assignments.

Workout 3 (Instruments of Environmental Policy).


Instruments of Environmental Policy

Workout 3 (cont.).


Natural Resource Economics

Origins of the sustainability problem.

Different concepts of sustainability.
Sustainability indicators.
Environmental Kuznets Curve.


International Environmental Agreements

International Environmental Agreements.


Natural Resource Economics

Efficiency in nonrenewable resource management.

The Hotelling rule for scarcity rent.


Natural Resource Economics

Workout 4 (Resource management: non-renewable resources).


Natural Resource Economics

Issues in renewable resource management:

- Maximum sustainable yield;
- Common-pool resources.
A bioeconomic model of a fishery.

Workout 4 (Resource management: renewable resources).


Natural Resource Economics

Renewable energy:

- Types of renewable energies and feed-in-tariffs.


Energy Efficiency

Energy efficiency issues:

- The importance of energy efficiency;
- The rebound effect.


Student presentations and discussions

Student presentations and discussions.


Student presentations and discussions

Student presentations and discussions.


Revisions

Revisions and clarification of doubts.


Aulas do tipo Orientação Tutorial

Natural Resource Economics

Workout 4 (Resource management: non-renewable resources).