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Course Description
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Course Name
Environmental Economics
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Host University
Nelson Mandela University
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Location
Port Elizabeth, South Africa
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Area of Study
Agriculture, Economics, Environmental Studies, Environmental Sustainability
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Language Level
Taught In English
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Prerequisites
None
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Host University Units
10 -
Recommended U.S. Semester Credits0
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Recommended U.S. Quarter Units1
Hours & Credits
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Overview
Syllabus
PURPOSE
This module will prepare students to understand and apply micro-economic principles and analysis to the environment and natural resources.LEARNING OUTCOMES
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.
CORE CONTENTIntroduction 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.Evaluation criteria
This module will be assessed during the semester with tests and assignments and an examination in November.