GRA 6665 Environment and Sustainable Development
Global warming and pollution of water and air are among of the most important challenges of our time, both globally and locally. Firms and governments allocate large amounts of resources to environmental protection: the total amount of environmental taxes in Norway is currently above two percent of national income. But, do these policies work, or is a massive amount of resources wasted? And, how can the policies be improved?
Importantly, environmental problems are linked to issues in sustainable development. For example, carbon emissions from agricultural and industrial production causes climate change, but at the same time climate change may harm production and cause poverty. This course seeks to equip students – business consultants and political advisors of the future – with state-of-the-art techniques that can be used two evaluate the causal impact of environmental policies. The acquired techniques can be used to answer questions such as: How should firms and industries act to avoid causing significant harm to the environment? What can firms do to promote sustainable development? Students will learn through lectures, student presentations, and readings of book chapters and scientific articles.
The aim of this course is to provide an understanding of the core topics in environmental and sustainable development.
Students will gain knowledge about:
- The general economic effects of pollution and climate policies;
- The economics of climate change;
- The local economy effects of local environmental protection policies;
- Which environmental policies work and which do not;
- How to evaluate the effect of environmental policies.
The overall goal is that students should be able to facilitate firms and policy makers in making better choices.
Students should be able to:
- Identify the economic effects and problems related to a pollutant;
- Prescribe a best response for a firm and/or the government to an environmental problem;
- Critically asses the effectiveness of environmental policies.
- Design firms’ and governments’ environmental policies so that the effects may be critically evaluated.
Student will learn to identify the relevant economic problems facing firms and governments in an environmental and sustainable development context.
Students should be able to think critically about the underlying assumptions of the methods used to analyze problems, prescribe solutions, and evaluate implementations of firms’ actions and governments’ policies.
Main topics are:
- Pollution targets and policy instruments;
- Environmental and technology polices;
- International environmental problems and agreements;
- Climate change economics;
- Environmental macroeconomics;
- Local economy effects of environmental problems.
The course consists of lectures (36 hours). In several of the lectures students will present and lead the discussion of key research articles.
Please note that while attendance is not compulsory, it is the student’s own responsibility to obtain any information provided in class.
All courses in the Masters programme will assume that students have fulfilled the admission requirements for the programme. In addition, courses in second, third and/or fourth semester can have spesific prerequisites and will assume that students have followed normal study progression. For double degree and exchange students, please note that equivalent courses are accepted.
Due to the Covid-19 pandemic, there may be deviations in teaching and learning activities as well as exams, compared with what is described in this course description.
Information about what is taught on campus and other digital forms will be presented with the lecture plan before the start of the course each semester.
|Exam category||Weight||Invigilation||Duration||Support materials||Grouping||Comment exam|
Form of assessment:
Internal and external examiner
Examination when next scheduled course
|100||Yes||3 Hour(s)||Individual||Written examination under supervision|
|Form of assessment:||Written submission|
|Support materials:|| |
|Comment:||Written examination under supervision|
|Resit:||Examination when next scheduled course|
Prepare for teaching
Student's own work with learning resources
A course of 1 ECTS credit corresponds to a workload of 26-30 hours. Therefore a course of 6 ECTS credits corresponds to a workload of at least 160 hours.