Postgraduate Course: Energy and Environmental Economics (PGEE11001)
Course Outline
| School | School of Engineering |
College | College of Science and Engineering |
| Course type | Standard |
Availability | Available to all students |
| Credit level (Normal year taken) | SCQF Level 11 (Postgraduate) |
Credits | 10 |
| Home subject area | Postgrad (School of Engineering) |
Other subject area | None |
| Course website |
http://www.see.ed.ac.uk/research/IES/msc/ |
Taught in Gaelic? | No |
| Course description | The aim of this course is to provide a theoretical grounding in economics from first principles, therein exploring the fundamental principles of efficiency in the distribution of resources in society. These principles are then applied in the fields of energy and environment, using case studies to discuss applications in practice.. The course covers both conventional (neo-classical) economics and also criticisms of this dominant paradigm. No prior knowledge of economics is assumed. Each topic is introduced in a lecture. |
Entry Requirements (not applicable to Visiting Students)
| Pre-requisites |
|
Co-requisites | |
| Prohibited Combinations | |
Other requirements | None |
| Additional Costs | None |
Information for Visiting Students
| Pre-requisites | None |
| Displayed in Visiting Students Prospectus? | Yes |
Course Delivery Information
|
| Delivery period: 2013/14 Semester 1, Available to all students (SV1)
|
Learn enabled: Yes |
Quota: None |
Web Timetable |
Web Timetable |
| Course Start Date |
16/09/2013 |
| Breakdown of Learning and Teaching activities (Further Info) |
Total Hours:
100
(
Lecture Hours 22,
Summative Assessment Hours 2,
Programme Level Learning and Teaching Hours 2,
Directed Learning and Independent Learning Hours
74 )
|
| Additional Notes |
|
| Breakdown of Assessment Methods (Further Info) |
Written Exam
100 %,
Coursework
0 %,
Practical Exam
0 %
|
| Exam Information |
| Exam Diet |
Paper Name |
Hours:Minutes |
|
|
| Main Exam Diet S1 (December) | Energy and Environmental Economics | 2:00 | | |
Summary of Intended Learning Outcomes
1. Definitions and conceptual frameworks: scale; efficiency; equity; sustainable development.
2. Ecological Economics (EE) versus conventional economics. History of EE thought.
3. Rational behaviour and welfare economics. Indifference curve analysis.
4. Welfare Economics: link to sustainability.
5. Objectives of companies and objectives of environmental sustainability.
6. Modelling resource extraction under different industry structures.
7. Externalities and instruments of pollution control.
8. The Kyoto Protocol and control of GHG emissions.
9. Carbon tax, landfill tax and other energy-related instruments. |
Assessment Information
| Examination (100%) |
Special Arrangements
| None |
Additional Information
| Academic description |
Not entered |
| Syllabus |
Course Outline:
ECOLOGICAL ECONOMICS: PERSPECTIVE SETTING
- Definitions
- Conceptual frameworks: scale; efficiency; equity; sustainable development
- EE versus conventional economics
- History of EE thought
PRINCIPLES IN ECONOMICS: RATIONAL BEHAVIOUR AND WELFARE ECONOMICS
- Theories of consumer behaviour
- Indifference curve analysis
- Welfare Economics: link sustainability
- Rational Actor Theory - criticisms of conventional economic axioms of behaviour
THE INDUSTRY/ECOLOGY INTERFACE
- What are firms' objectives?
- Modelling resource extraction under different industry structures
- Stakeholder management
- Evolutionary economics
EXTERNALITIES AND INSTRUMENTS OF EMISSIONS CONTROL
- optimal choice under certainty
- optimal choice under uncertainty
- the emitter/regulator interface
- emissions and energy-related instruments: Climate Change Levy; Carbon Taxes.
|
| Transferable skills |
Not entered |
| Reading list |
Edwards-Jones, Davies and Hussain (2000) Ecological Economics: An Introduction. Blackwell, Oxford. |
| Study Abroad |
Not entered |
| Study Pattern |
Not entered |
| Keywords | Not entered |
Contacts
| Course organiser | Dr Salman Hussain
Tel: (0131) 535 4307
Email: Salman.Hussain@sruc.ac.uk |
Course secretary | Mrs Sharon Mulvey
Tel: (0131 6)51 7076
Email: Sharon.Mulvey@ed.ac.uk |
|
© Copyright 2013 The University of Edinburgh - 10 October 2013 5:00 am
|
University Homepage