The objective of the course is to help students to understand the deep and reciprocal interdependence of the economy with the natural environment, highlighting that the greatest challenge to the well-being of citizens is to maintain a good relationship between the natural environment and the economy. Therefore, the causes of the environmental degradation, the policies contributing to the proper management and protection of the environment – foundation for sustainable spatial development – are examined, and,
To provide the opportunity for the students to acquire the necessary knowledge (methods and techniques) as regards the application of analytical tools and economic models to environmental problems.
The course aims to:
improve the knowledge and understanding of the concepts and methods of the environmental economics and natural resources,
to understand the impact of production and consumption on the environment through the implementation of a methodological framework allowing to solve real environmental problems.
to acquire skills for critical analysis, evaluation and synthesis of complex and multidimensional concepts, and
to promote the progress of the knowledge society.
At the end of the course, students will be able to acquire skills that will allow them to have – from an economic point of view – an overview about contemporary environmental issues (such as environmental degradation, ozone depletion, climate change, energy crisis, food crisis, proper management of the coastal area, fishing, etc.) as well as issues arising from the (hyper) exploitation of natural resources.
At the end of the course, students will be able to:
understand the relationship between Economy and Environment, defining and explaining various important concepts and terminology related to the environment,
obtain a good theoretical background as regards Environmental Economics and Natural Resources,
analyze the environmental problems, at international level, focusing on the methods of solving these problems.
Explore future evolutions, new situations and scenarios
The course aims to acquire the following skills
Working work in an interdisciplinary environment
Practice criticism and self-criticism
Preparation of individual and collective work in a interdisciplinary environment.
Respect of the natural environment
Promotion of free, creative and inductive thinking
Introductory concepts and terminology of the economic environment and natural resources – Interdependence between Economy and Environment
Environmental thinking in Economics – The main currents of thought
Welfare Economics and Environment: Distinction between goods- Production Curve – Partial and General Equilibrium
Theory of externalities, property rights and environment
Environmental policy measures: Immediate regulation – Economic means
Economic environmental assessment: Concepts
Environmental assessment: Methods
Efficient Natural Resource Management: Theory of Exhaustible Natural Resources – Theory of Renewable Natural Resources – Going from Exhaustible to Renewable Natural Resources
Lectures 9, 10, 11 και 12
Analysis of environmental problems: Energy, acid rain, greenhouse effect and ozone hole, biodiversity, desertification, liquid and solid waste, marine pollution
Oral examination 40%
Written exam 60%
The written paper and its oral presentation certify the understanding of the concepts and research methods (taught during the semester) by the students, as well as the ability of the students to apply the methods and interpret specific results.
The outline of the course mentions the way through which students are evaluated and is posted on the course’s website as well as on the distance learning platform.
In case there is a difference of opinion regarding the grading, the students have the right to request a re-grading from the Assembly of the Department.