The course uses the economic methods and approaches problems from an economic perspective; however insights from other disciplines such as natural science and politics will also be present.
This course combines theoretical analysis with discussions on specific topics, giving the students a basic scientific approach to present large-scale problems such as:
- sustainable development;
- international cooperation;
- challenges posed by renewables to our present energy system;
- renewable energies state-of-the-art production technology.
The theory of externalities and market failure will provide the basis for applying economic concepts to the study of problems with environmental dimensions.
Criteria and strategies used in implementing environmental policies will be examined with respect to both air and water.