Program for students attending classes:
Selected topics from the following:
Economics and the Environment. Positive vs. Normative Analysis. Making Societal Choices. Welfare and Markets. Public Goods and Externalities. Decision Making and Environmental Protection. Demand for Environmental Goods. Basic Environmental Regulation. Pricing Emissions. Markets and Property Rights. Voluntary Measures. Spatial and Temporal Dimensions of Regulation. Regulation with Adverse Selection. Regulation with Moral Hazard and Dynamics. Risk and Uncertainty. Regulation with Multiple Jurisdictions. Development and Growth. Climate change issues.
Program for non-attending students:
Environment and efficiency: a) limits of the markets, b) markets of property rights as possible solution. Public intervention and efficiency: economic instruments for environmental regulation. Economic instruments for environmental regulation: comparative analysis. Other economic instruments for environmental regulation: refundable deposits and voluntary agreements. Governance of environmental policies: some issues. Efficiency, equity in international environmental contexts. International coordination of environmental regulation. Sustainable development: principles, instruments and applications.