446228-HS2023-0-Economic Evaluation of Environmental Goods





Root number 446228
Semester HS2023
Type of course Lecture
Allocation to subject Economics
Type of exam Presentation
Title Economic Evaluation of Environmental Goods
Description Valuation of environmental goods for which markets do not naturally provide a price remains a major challenge environmental policy making. This course is an introduction to the econometric methods of non-market valuation in environmental economics, including cost-benefit analysis. As such it will cover the economic theory background, the statistical building blocks, and practical implementation of the methods involved.

In order to evaluate competing sustainable development policies, policymakers mustbe able to monetarize environmental goods for which there are no markets and hence no explicit prices. This course provides these tools. This event will address various issues of social and economic sustainability. In particular, it will be discussed whether the current technological change increases inequality and leads to a stronger polarization on the labor market.

Main Literature:
Main Texts:
Haab, T. and McConnell, K. (2002). Valuing Environmental and Natural Resources, Edward Elgar Publishing.
Carson, R. and Hanemann, W. (2005). “Contingent Valuation” (Chapter 17), Handbook of Environmental Economics, Volume 2, Elsevier.
Arrow et al (1993). Report of the NOAA Panel on Contingent Valuation.
Brent, Robert J. Advanced Introduction to Cost–Benefit Analysis. Edward Elgar Publishing, 2017.


Lectures: Monday, 12.15-16.00, 115, H4

Course evaluation: (i) examination, (ii) data project, and (iii) questionnaire, takehome exam
submission takehome exam: 15.12.2023
The course is limited to 16 participants - first-come-first-served - please register in KSL (open from 17.07. - 10.09.2023)

This course can also be attended by master students in Climate Sciences.
ILIAS-Link (Learning resource for course) Registrations are transmitted from CTS to ILIAS (no admission in ILIAS possible). ILIAS
Link to another web site
Lecturers Prof. Dr. Eric Albert StroblVolkswirtschaftliches Institut (VWI) - Mikroökonomie 
ECTS 6
Recognition as optional course possible Yes
Grading 1 to 6
 
Dates Monday 12:15-16:00 Weekly
Friday 15/12/2023 00:15-23:55
 
Rooms Seminarraum 115, Hauptgebäude H4
 
Students please consult the detailed view for complete information on dates, rooms and planned podcasts.