Nelson Mandela University
Port Elizabeth, South Africa
Area of Study
Agriculture and Natural Resource Economics, Economics, Environmental Studies, Environmental Sustainability
Taught In English
Host University Units10
Recommended U.S. Semester Credits0
Recommended U.S. Quarter Units1
Hours & Credits
This module will prepare students to understand and apply micro-economic principles and analysis to the environment and natural resources.
Demonstrate ability to apply cost benefit analysis to changes affecting the environment.
Show knowledge of the approach to valuation of environmental changes.
Show insight into the economic ethics underlying the comparison of environmental options.
Introduction to environmental economics.
Ethics and the environment.
Cost-benefit analysis ? theory and practice.
Sustainability in terms of renewable and non-renewable resources.
Using economic instruments to intervene.
This module will be assessed during the semester with tests and assignments and an examination in November.