Universität Wien

040281 KU Competition, Cooperation, and Regulation in the Green Economy (MA) (2024W)

4.00 ECTS (2.00 SWS), SPL 4 - Wirtschaftswissenschaften
Continuous assessment of course work

service email address: opim.bda@univie.ac.at

Registration/Deregistration

Note: The time of your registration within the registration period has no effect on the allocation of places (no first come, first served).

Details

max. 60 participants
Language: English

Lecturers

Classes (iCal) - next class is marked with N

  • Friday 04.10. 11:30 - 13:00 Hörsaal 16 Oskar-Morgenstern-Platz 1 2.Stock (Kickoff Class)
  • Friday 11.10. 11:30 - 13:00 Hörsaal 16 Oskar-Morgenstern-Platz 1 2.Stock
  • Friday 18.10. 11:30 - 13:00 Hörsaal 16 Oskar-Morgenstern-Platz 1 2.Stock
  • Friday 25.10. 11:30 - 13:00 Hörsaal 16 Oskar-Morgenstern-Platz 1 2.Stock
  • Friday 08.11. 11:30 - 13:00 Hörsaal 16 Oskar-Morgenstern-Platz 1 2.Stock
  • Friday 15.11. 11:30 - 13:00 Hörsaal 16 Oskar-Morgenstern-Platz 1 2.Stock
  • Friday 22.11. 11:30 - 13:00 Hörsaal 16 Oskar-Morgenstern-Platz 1 2.Stock
  • Friday 06.12. 11:30 - 13:00 Hörsaal 16 Oskar-Morgenstern-Platz 1 2.Stock
  • Friday 13.12. 11:30 - 13:00 Hörsaal 16 Oskar-Morgenstern-Platz 1 2.Stock
  • Friday 10.01. 11:30 - 13:00 Hörsaal 16 Oskar-Morgenstern-Platz 1 2.Stock
  • Friday 17.01. 11:30 - 13:00 Hörsaal 16 Oskar-Morgenstern-Platz 1 2.Stock
  • Friday 24.01. 11:30 - 13:00 Hörsaal 16 Oskar-Morgenstern-Platz 1 2.Stock
  • Friday 31.01. 11:30 - 13:00 Hörsaal 16 Oskar-Morgenstern-Platz 1 2.Stock

Information

Aims, contents and method of the course

Content: The course will cover the fundamental problems and methods in environmental and resource economics:
Market failures, the Coase theorem, renewable and non-renewable resource economics theory, policy instruments, climate change, deforestation, international environmental problems, and international agreements. The course aim is to familiarize you with:
- Fundamental problems and methods in environmental & resource economics.
- Environmental problems tackled by applied microeconomic theory.
- The basic skills required to work on new problems in this field.

Compared to standard graduate courses, this graduate course is mathematically involved. You will have to deal with the formal representation toy acquire an economic understanding. The course will provide lessons on:
I. Introduction: Economics vs. Environment:
II. Policy: Regulation vs. Markets
III. Ressources I: Nonrenewable Ressources
IV. Ressources II: Renewable Ressources
V. Sustainability: Weak vs. Strong Sustainability
VI. Technology: ”Business as Usual” vs. Investments
VII. Applications I: Innovation vs. Adoption
VIII. Applications II: Deforestation vs. Conservation

Assessment and permitted materials

There will be three take-home problem sets. You have to hand in individual, written solutions for each of these problem sets.
There will be a one-hour, closed-book final exam.

Minimum requirements and assessment criteria

Your problem set solutions will be graded. Each problem set is worth up to 10% of your final grade. The final exam is worth 70% of your grade, the problem sets are worth up to 30%. Hence, to get a good final grade, you need to perform well on both exam and problem sets.

Examination topics

For the exam you will need to know the full content of the lecture materials, referenced textbook chapters, handed out
notes, and problem sets.

Reading list

The course will cover several chapters of:
- Phaneuf, D. and Requate, T. (2017): A Course Environmental Economics: Theory, Policy and Practice, 3rd Ed., CUP
- Karp, L. (2017). Natural resources as capital. Cambridge: MIT Press

Additional literature and lecture notes will be made available over the course moodle.


Association in the course directory

Last modified: Tu 10.09.2024 12:25