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

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.

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

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


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

Students not admitted to the Master’s programme in Economics or the Master’s programme in Economic Theory and Econometrics (Samfunnsøkonomisk analyse), can apply for admission to one of our study programmes, or apply for guest student status.


Formal prerequisite knowledge

You must fulfill one of these prerequisites:

Overlapping courses

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


Lectures and seminars.


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

Previous exams

Exam papers with comments from examiner

Digital examination

The written examination is conducted in the digital examination system Inspera. You will need to familiarize yourself with the digital examination arrangements in Inspera.

Read more about written examinations using Inspera.

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.



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






Every spring


Every spring

Teaching language