Learn how economics shapes environmental decisions, climate policy, and sustainable development worldwide.
Sub Category
- Economics
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Objectives
- Foundations of Environmental and Resource Economics, Ethical and Philosophical Foundations, Economic Growth, Population, and Sustainability
- Microeconomic Principles in Environmental Contexts, Government Intervention and Market Failures, Valuation of Environmental Goods
- Risk, Uncertainty, and Decision-Making, Property Rights and the Coase Theorem, Pollution Control and Taxation, Market-Based Instruments: Tradeable Permits
- Environmental Standards and Resource Management, Resource Exhaustion and Energy Economics, Corporate Environmental Responsibility, Waste Management
- Climate Change and Global Environmental Issues
- Understand the foundations, history, and evolution of environmental and resource economics, including sustainability and the role of entropy in economic systems
- Explore environmental ethics, population dynamics, and sustainable development from both philosophical and economic perspectives.
- Learn how markets handle environmental goods, the impact of externalities, and how governments intervene through regulation, taxation, and trade policies.
- Master methods like contingent valuation, travel cost, and hedonic pricing to assess the economic value of natural resources and ecosystem services.
- Analyze how individuals and institutions make decisions under uncertainty using expected value and utility frameworks.
- Understand open access problems, private property solutions, and bioeconomic models in managing renewable resources like fisheries.
- Examine the economics of climate change, policy responses, and international environmental challenges including biodiversity, ozone depletion, and acid rain.
Pre Requisites
- Basic understanding of microeconomics and macroeconomics concepts is helpful but not mandatory.
- Familiarity with high school-level mathematics (graphs, functions, basic algebra) will aid comprehension.
- No prior knowledge of environmental economics is required — the course starts from foundational concepts and builds up.
FAQ
- Q. How long do I have access to the course materials?
- A. You can view and review the lecture materials indefinitely, like an on-demand channel.
- Q. Can I take my courses with me wherever I go?
- A. Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don't have an internet connection, some instructors also let their students download course lectures. That's up to the instructor though, so make sure you get on their good side!
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