Identification
Prerequisites
Subject
(code, title,
credits)
Department
Program
(undergraduate,
graduate)
Term
Instructor
E-mail:
Phone:
Classroom/hours
Environmental Economics and Policy
Geography and Environment
Undergraduate
Fall, 2015
Rovshan Abbasov
Abbasov@fulbrightmail.org
Monday 15:10-16:30, Room 408N
41 Mehseti street (Neftchilar campus), Khazar
University
Office hours
Environmental Management/Environmental Science, ECON 202
English, Azeri
Language
Compulsory/Elective Compulsory
Required textbooks Core textbook:
and course materials
 Charles Kolstad Environmental Economics Oxford University
Press, USA 2010
 Core internet source: http://www.ecosystemvaluation.org
Environmental Economics and Policy (ENE) is concerned with the
Course outline
impact of the economy on the environment, the significance of the
environment to the economy, and the appropriate way of regulating
economic activity so that the balance is achieved among environmental
economic and other social goals.
Through lectures, homework, a class project, discussions and guest
lectures, students will:
1.Gain an understanding of the cause and effect relationship between
environmental problems and economic development;
2.Have a service learning experience related to a environmental
economics;
4.Understand how information on natural resources is collected and how
it can best be used to facilitate decision-making;
5.Understand how natural resources effect economic development and
what type of natural berries economic development has;
6.Learn economic principles of the nature protection;
The objective of the course is to furnish students with core knowledge
Course objectives
that is necessary for successful implementation of economic tools in
environmental protection and resource use.
Learning outcomes
By the end of the course the students should be able:
 To apply EE methods in environmental protection and resource use
.
x
Teaching methods
Lecture
x
Group discussion
x
Experiential exercise
Evaluation
Lab
Case analysis
Course paper
Others
Methods
Midterm Exam
Quizzes (2)
Class
Participation/Activity
Project and
presentation
Presentation/Group
Discussion
Final Exam
Others
Total
Date/deadlines
Percentage (%)
25
10
10
20
40
100
We
ek
Policy
Date/Day
(tentative)
1
14.09.2015
2
21.09.2015
3
28.09.2015
4
5.10.2015
5
12.10.2015
6
19.10.2015
7
Tentative Schedule
Topics
Textbook/Assignments
Ecosystems and Natural Resources, ecosystem
services
Handout provided
Environmental Problems and Policy Solutions
Chapter 2
Social choice: How much environmental
protection?
Chapter 3
Efficiency and markets
Chapter 4
Market failure, public bads and externalities
Chapter 5
Essentials of ecosystem valuation
Go to internet source
26.10.2015
Market Price Method
Go to internet source
8
02.11.2015
Productivity Method
9
09.11.2015
10
16.11.2015
11
23.11.2015
12
30.11.2015
13
7.12.2015
14
14.12.2015
15
21.12.2015
16
Holiday
Midterm examination + topic:Hedonic Pricing
Method
Travel Cost Method/ lab activity
Damage Cost Avoided, Replacement Cost, and
Substitute Cost Methods
Contingent Valuation and contingent choice
methods
Chapter 16
Handout provided
Handout provided
Go to internet source
Benefit Transfer Method
Go to internet source
Ecosystem benefits indicators, Class
Presentations
Final exam
Go to internet source