ECON4910 - Environmental Economics

Schedule, syllabus and examination date

Choose semester

Course content

Main content:

  • Welfare economic treatment of environmental issues
  • Theories of environmental policy instruments
  • International aspects of environmental issues
  • The climate problem will be given particular emphasis.

Learning outcome

Knowledge
You should know

  • key concepts in environmental economics and the economic issues related to a large range of environmental problems
  • elements of welfare economics, theories of environmental policy instruments, valuation of environmental goods, dynamic aspects of environmental issues, and international aspects of environmental issues.
  • analyses of environmental policy instruments, with particular emphasis on situations with uncertainty and/or asymmetric information and on situations with other market failures.
  • the international dimension of environmental economics covers both the case in which the environmental problem itself is international and the case in which there may be other reasons for international co-ordination of environmental policies.

Skills
You should

  • have a good understanding of the basic theory of environmental economics
  • have an initial overview of central contributions to the field and obtain a handle to further explore the scientific literature
  • be able to study a specific environmental problem by applying a variety of methods and by adapting general models taught in the course

Competence
You should

  • be able to read and understand project reports and journal articles that make use of the concepts and methods that are introduced in the course
  • be able to make use of the course content in your own academic work, for example in analyses that are part of the master’s thesis

Admission

Students who are admitted to study programmes at UiO must each semester register which courses and exams they wish to sign up for in Studentweb.

If you are not already enrolled as a student at UiO, please see our information about admission requirements and procedures.

Apply for guest student status if you are admitted to another Master's programme, or have completed a master in Economics at UiO or another Norwegian University.

Prerequisites

Recommended previous knowledge

Students should have good prior skills in basic microeconomic theory and non-cooperative game theory.

Overlapping courses

  • 10 credits overlap with SOØ/SØK505- Miljøøkonomi
  • 10 credits overlap with ECON505- Environmental Economics

Teaching

Lectures: 2 hours per week throughout the semester.

Seminars: 2 hours per week through parts of the semester.

Examination

A 3-hour written school exam at the end of the semester.

Previous exams

Examination support material

Students may use dictionaries at this exam. Dictionaries must be handed in before the examination. Please read regulations for dictionaries permitted at the examination.

Language of examination

The examination text is given in English.You may submit your response in Norwegian, Swedish, Danish or English.

Grading scale

Grades are awarded on a scale from A to F, where A is the best grade and F is a fail. Read more about the grading system.

Explanations and appeals

It is recommended to request an explanation of your grade before you decide to appeal.

Appeal

Explanation

The deadline to request an explanation is one week after the grade is published. For oral and practical examinations, the deadline is immediately after you have received your grade.

The explanation should normally be given within two weeks after you have asked for it. The examiner decides whether the explanation is to be given in writing or verbally.

Ask for explanation of your grade in this course.

Ask for an explanation of your grade for postponed exam in this course.

Resit an examination

If you are sick or have another valid reason for not attending the regular exam, we offer a postponed exam later in the same semester.

See also our information about resitting an exam.

Withdrawal from an examination

It is possible to take the exam up to 3 times. If you withdraw from the exam after the deadline or during the exam, this will be counted as an examination attempt.

Special examination arrangements

Application form, deadline and requirements for special examination arrangements.

Facts about this course

Credits

10

Level

Master

Teaching

Every spring

Examination

Every spring

Teaching language

English