Environmental Economics

In: Business and Management

Submitted By xslotmachin
Words 542
Pages 3
Sidst opdateret: 12. oktober 2015
EXAM PLAN WINTER 2015/16 – INTERNATIONAL UNDERGRADUATE EXCHANGE PROGRAMME - BUSINESS ECONOMICS
COURSE

TEST

DATE

Business Research Methods
8822602
Chih-Cheng Lin

Research proposal individually or in groups of two.
Max. 10 pages for individual proposals and
15 pages for group proposals.
Oral exam with preparation.
20 min. prep. 20 min. exam.
(All study materials and private computer with internet access allowed.)

Strategic Management
Accounting
9426112
Iver Poulsen
Strategic Management
Accounting
8822702
Iver Poulsen
Human Resource
Management
9009812
Leif Andersen
Human Resource
Management
9009802
Leif Andersen
Environmental Economics
9426312
Stefan Borsky
Environmental Economics
9426302
Stefan Borsky

Presentations in class

During the semester

Oral exam without preparation
20 min. exam.

07.12.15

Written proposal. Approx. 3 pages

27.11.15

Individual essay
Max 15 pages

11.01.16

Mandatory presentation and participation in class

During the semester
20.10.15

Energy economics
9426512
Brooks Kaiser

Mandatory seminar

Business Strategy
9348002
Leif Andersen

Individual 24-hour take-home assignment.

PLACE/TIME

EVALUATION

08.01.16

Must be uploaded in Black Board via SDU Assignment before
12 o’clock noon.

Internal grading

01.12.15
03.12.15
04.12.15

Time: Look at BB
Exam room: Look at BB
Preparation room: Look at BB
Examination order published in Black Board one week before exam.

Internal grading with coexaminer

21.10.15

During the semester

REEXAM
DATE

Internal grading

Time: Look at BB
Room: Look at BB
Examination order published in Black Board one week before exam.
Must be uploaded in Black Board via SDU Assignment before
12 o’clock noon.

Internal grading with coexaminer

Must be uploaded…...

Similar Documents

The Economic Benefits of Environmental Policy

...The economic benefits of environmental policy A project under the Framework contract for economic analysis ENV.G.1/FRA/2006/0073 - 2nd FINAL REPORT November 2009 Matt Raymenta, Elke Pirgmaierb, Griet De Ceusterc, Friedrich Hinterbergerb, Onno Kuikd, Henry Leveson Gowera, Christine Polzinb, Adarsh Varmaa a b c d GHK Sustainable Europe Research Institute (SERI) Transport & Mobility Leuven VU University Amsterdam, Institute for Environmental Studies (IVM) Institute for Environmental Studies Vrije Universiteit De Boelelaan 1087 1081 HV AMSTERDAM The Netherlands Tel. ++31-20-5989 555 Fax. ++31-20-5989 553 E-mail: info@ivm.falw.vu.nl Internet: http://www.vu.nl/ivm vrije Universiteit amsterdam Contents Executive Summary 1. 2. 3. 3.1 3.2 3.3 3.4 3.5 3.6 4. 4.1 4.2 4.3 4.4 4.5 4.6 5. 5.1 5.2 5.3 5.4 5.5 5.6 6. 6.1 6.2 6.3 6.4 6.5 6.6 7. 7.1 7.2 7.3 7.4 7.5 8. 8.1 Introduction Environmental Policy and the Economy Environmental Policies and Productivity Description and background Policy instruments Review of evidence from the wider literature Evidence from examples and case studies Scale of economic benefits to date and assessment of the further potential Beneficiaries and timescale Environmental Policies and Innovation Description and background Policy instruments Review of evidence Examples and case studies Scale of economic benefits Beneficiaries and timescale Environmental Policies and Employment Description and background Policy instruments Review of evidence......

Words: 78697 - Pages: 315

The Social-Economic, Political, and Environmental Impacts of Unregulated Population Growth

...Anthony Mitchell Hessler 5/8/12 The Social-Economic, Political, and Environmental Impacts of Unregulated Population Growth Ladies and gentlemen of the Senate Select Committee on Intelligence, mankind is well on its way to answering a seldom asked yet vitally important question pertaining to its sustainability. "How many people can inhabit this planet sustainably?" This is a question that should have been looked into decades ago, yet the answer is still unclear. With no regards to what the answer may be mankind persists in rapidly escalating its population as if the worlds sustainable population capacity is limitless. With the numerous problems that currently plague mankind, overpopulation is perhaps the most threatening and overlooked issue. If current population trends continue there will undoubtedly be terrible repercussion to face in the future. Problems arising from overpopulation will eventually have a grim impact on the socio-economic systems and political systems of the world along with the environment as a whole, the worst of which could lead to the annihilation of the human race. This is why population growth should be a global concern that should be recognized, examined, and dealt with immediately. To understand the impacts of overpopulation one must first understand the concept of overpopulation. Overpopulation is a state wherein the population density of an area has grown large enough to exceed what would be the natural sustainable inhabitant capacity...

Words: 1960 - Pages: 8

Hw on Environmental Economics

...Homework on Environmental Economics 1. Draw a graph showing the private marginal cost, social marginal cost, private marginal benefit, and social marginal benefit of gasoline when there is a negative externality – for example, dirty exhaust from a tailpipe. Assume that neither supply nor demand is perfectly elastic or perfectly inelastic. [pic] 2. If government chose to tackle the problem by taxing the sellers of gasoline a constant tax per gallon sold, show these things on your graph: a. the tax b. the new equilibrium price and quantity [pic] 3. Is the increase in price equal to the tax per gallon? Use your graph to answer this question. Yes it should be unless there are additional taxes 4. Is there any way to figure out if the tax is equal to the external cost of the gasoline? 5. Consumers obviously have less money left, after they buy gasoline, as a result of the tax. Give an example of something government can do to help consumers, while maintaining the tax and its resulting disincentive for purchasing gasoline. What are the pros and cons of your idea? Government can do things to make it so people don’t have to use cars, like improve public transit, by putting in bus lanes and promoting alternative methods of transportation like better bike routes with lanes and traffic lights for bikers. This would be good in the sense that we are making solid infrastructure investments, but it would be...

Words: 568 - Pages: 3

The Health, Economic and Environmental Impacts of Urbanization in the Philippines

...The Health, Economic and Environmental Impacts of Urbanization in the Philippines Introduction As described by the United Nations Population Fund (UNFPA) (2007), “The world is undergoing the largest wave of urban growth.” More than half of the world’s population now lives in urban areas. This global phenomenon is happening across different regions and development levels in the world. Richer countries in Europe and the Americas already large percentage of their population live in towns and cities, while developing countries in Africa and Asia, still a large percentage of their population lives in rural areas, however urbanizing faster than developed countries. The landscape of human settlement is changing due to these global trends, with significant effects on health, living conditions, the environment, and development across the world. The purpose of this paper is to discuss the health, economic and environmental impacts of urbanization in the Philippines. What is Urbanization? Urbanization is defined as “the process by which an increasing proportion of the population comes to live in urban areas” (Yassi et al, 2011, p. 293). Many theories of development view urbanization and industrialization as interdependent processes of modern economics. However, according to Gollin et al (2013, p. 2), these two concepts are not synonymous, and they argue that there is not a strong association between urbanization and industrialization specifically among developing countries...

Words: 3202 - Pages: 13

Environmental Economics

...farming 3.2. Algoa Bay 3.3. Economic Methodology: Cost/Benfit analysis 3. Case Study: Algoa Bay fin fish farming project 4. Analysis and Policy Implications 5. Conclusion 1. Introduction The global level of fish stocks are on an overall decline due to overfishing. Areas within South Africa such as the Eastern Cape Province are considered to be the second greatest producing province of aquaculture commodities. Because of the rich aquaculture within the Eastern Cape, the Departments of Agriculture, Forestry and Fisheries, through various criteria based on a Strategic Environmental Assessment (SEA), have selected Algoa Bay within the Eastern Cape to introduce fin fish farming. The various fin fish that are intended to be farmed in this area are linked fishery exports that contribute approximately R411 million per annum in the Eastern Cape. Thus study intends to investigate the development proposal aimed at increasing the growth of the aquaculture industry within South Africa as well as conducting an investigation into the economic and environmental issues associated with the introduction of aquaculture within areas such as Algoa Bay. The objectives with the introduction of fish farms are to increase job creation within the area and more importantly to manage the dwindling stocks of wild fin fish. A cost and benefit analysis will be applied to the Algoa Bay case study in order to establish the economic costs and benefits, and to establish......

Words: 1098 - Pages: 5

The Economic and Environmental Impacts of Shale Development

...| Shale Oil | A Controversial Energy Source | | Gabriel Lessard-Kragen, Daylon Hutton, Nikolai Sie | 12/4/2014 | | Table of Contents Table of Figures i Introduction 1 What is Hydraulic Fracturing? 1 Socio-Economic Impacts 3 Local Economic Impacts 3 U.S. National Economic Impacts 5 International Economic Impacts 6 Environmental Issues 8 Water Impacts 9 Greenhouse Gases 11 Liability 12 Conclusion 13 Bibliography 14 Table of Figures Figure 1: Marcellus Shale 10 Figure 2: GHG Eissions Associated with Oil Extraction 12 Figure 3: Deepwaater Horizon Impacts 12 Introduction The topic of this document is shale oil and gas, and the issues surrounding their extraction and usage. The terms oil and gas are used interchangeably in this article, however they technically are different substances. The issues and economics attached to the two substances are similar, and thus are discussed as a group. This document will begin with an analysis of what hydraulic fracturing (fracking) actually is, as a lot of controversy and misinformation has been released around it. Afterwards the economics of the shale boom will be analyzed, from both a local, national, and international perspective. Finally the environmental impact of shale gas will be discussed, as this is the major concern surrounding the technology. What is Hydraulic Fracturing? Fracking is the term most often used to describe the process of hydraulic fracturing. Unknown to most,......

Words: 4807 - Pages: 20

Fracking: Economic Savior or Environmental Disaster?

...Fracking: Economic Savior or Environmental Disaster? Imagine having your home, your sanctuary, a place of memories, and dreams destroyed by a river of toxic soup. It almost seems incomprehensible that something like this could happen in this day and age. But that is exactly what happened when one hundred thousand gallons of chemically treated water rushed off of a natural gas fracking pad onto Truman and Bonnie Burnett’s land, killing a twenty foot swath of trees and filling their pond. The Burnett’s who live in Bradford County Pennsylvania have had to abandon their beautiful retirement home in the woods due to this terrible and tragic accident, which has contaminated their well and devastated their land (Walsh). Unfortunately the Burnett’s story is just one of many that have recently made headlines. All across the nation stories similar to the Burnett’s are becoming more common. The hydraulic fracturing frenzy that is sweeping the nation has caused many recent debates that have people wondering about the environmental impacts of this technology. But what is hydraulic fracturing? The process of hydraulic fracturing, also known as “fracking” begins by clearing an area so that workers can store equipment and materials for the fracking process. Next a hole, called a well, is drilled deep into the crust of the earth. Unlike conventional wells, which are mostly vertical shafts, fracking wells are drilled vertically then horizontally, which when complete can be over 11,000......

Words: 2610 - Pages: 11

Malaysia 1990: Equating Environmental Sustainability and Economic Development

...In 1991, Mahathir Mohamad, reached his tenth year as prime minister of Malaysia, a country that observed a long period of economic stability with an annual average economic growth of 6.2% in the previous decade. Concerned about the new stages of economic development Mahathir went to New York looking for of foreign investment. In that time, the timber exportation had brought more foreign exchange than tin and rubber exportation. However, studies had indicated that this harvest without a rigid control would lead to a rapid deforestation of the region. Environmental groups, that said be concerned about the consequences of deforestation, threatened to boycott the use in the Western of timber-derived products produced by Malaysia. In this scenario, the question to be analyzed is to answer to international pressure of environmentalists, to ensure the attraction of new investments, without an abrupt break with the timber industry, essential for the politic economic and social stability of the country. The most appropriate decision is partially accept the demands of environmentalists. The short-term action is to resume the agenda of the International Tropical Timber Organization (ITTO) to search results that combine economic viability and environmental of the timber industry. Although internally controversial, the deforestation reduction will be naturally seen as a market move in response to projections of falling of commodities prices. In the long term, the country should direct...

Words: 486 - Pages: 2

Environmental Economics

...wellbeing+ without+ a+ market+ transaction+is+called+externality.+Hence+the+person+who+generated+an+externality+does+not+make+any+ payment+to+nor+receive+any+from+the+other+person+who+is+affected+by+it.+ + Understanding+the+definition+and+the+implication+of+economic+externality+is+crucial+in+the+discussion+of+ the+main+issue+of+environmental+economics.+After+understanding+the+definition+of+externality,+we+will+ look+at+the+reason+why+the+market+allocation+is+inefficient+when+the+externality+is+present+and+discuss+ the+possible+remedies+for+the+inefficiency.++ + Examples+of+externality:+ • A+singer+on+the+street+is+an+example+of+externality.+(If+you+like+the+singing,+we+say+that+it+is+a+ positive+externality+to+you.+Otherwise,+it+is+a+negative+externality.)+ • The+same+singer+in+a+concert+hall+charging+an+entrance+fee+is+not+an+externality.++ • Pollution+ from+ a+ factory,+ a+ beautiful+ flower+ garden,+ rude+ or+ polite+ behavior,+ an+ idea+ that+ spreads+peace+or+hate,+etc.+ + An+example+of+a+negative+externality+(an+environmental+disaster+in+Ecuador):+ • A+ court+ in+ Ecuador's+ Amazon+ jungle+ ordered+ Chevron+ Corp.+ to+ pay+ more+ than+ $8+ billion+ in+ damages+ in+ a+ closely+ watched+ environmental+ suit.+ (LA+ Times,+ February+ 14,+ 2011,+ 3:08+......

Words: 3537 - Pages: 15

The Difference Between Neoclassical Environmental Economics, Ecological Economics and Natural Resource Economics

...Explain the difference between Neoclassical Environmental Economics, Ecological Economics, and Natural Resource Economics. The three approaches originate from three different schools of thought. Broadly, Neoclassical Environmental Economics (NEE) is the opposite of the Ecological Economics (EE), and Natural Resource Economics (NRE) lies somewhere between them. Let’s begin with the opposing views. Field states, ‘Environmental Economics is the application of the principles of economics to the study of how environmental resources are managed. (Field & Field 2013:2). In gist, NEE is an Anthropospheric view of the environment through micro and macro-economic principles and sociopolitical influences that ignores the other spheres of life. The environment, is a subsystem of economics and has no intrinsic value. It is merely a factor of production, and only manufactured goods/services have an intrinsic value. EE, on the other hand, is a holistic approach, broader in scope, concerned with the supply and demand of energy and matter within the biosphere, hydrosphere, lithosphere and atmosphere - where contrastingly, the Anthroposphere is the subsystem. EE claims that NEE is totally dependent on the environment and that residuals and pollution are disruptive to natural processes and diminishes the earth’s bio-capacity. Environmental Economics’ primary focus is to manage the environment to supply services and goods in exchange for money (MO 2015 quoting Tietenberg 2014:7)......

Words: 3226 - Pages: 13

Eco 370 Week 5 Learning Team Assignment Environmental Economics, Disparity, and International Agreements Presentation

...ECO 370 Week 5 Learning Team Assignment Environmental Economics, Disparity, and International Agreements Presentation To Buy This material Click below link http://www.uoptutors.com/ECO-370/ECO-370-Week-5-Learning-Team-Assignment-Environmental-Economics,-Disparity,-and-International-Agreements-Presentation ECO 370 Week 5 Learning Team Assignment Environmental Economics, Disparity, and International Agreements Presentation Research your chosen international agreement. Choose an interest group to whom you will address your presentation. The Learning Team will play the role of a team of environmental analysts reporting on the effects of this international agreement to the concerned interest group. Address the concerns of this interest group. Recommended interest groups include the following: •    A local or national government •    Labor unions or organizers •    Recreation groups •    Indigenous peoples •    A large business or an industry association Prepare a 10- to 15-slide Microsoft® PowerPoint® presentation explaining the environmental and economic influence of your chosen international agreement. Include the following elements: •    Describe your chosen international agreement and any related agreements or agencies. •    Summarize the global environmental costs and benefits of your chosen international agreement. •    Contrast the environmental effects of your chosen international agreement on the developing world with the effects on industrialized......

Words: 283 - Pages: 2

Environmental Economics Report

...Bradisha Smith 100 111 411 Bradisha Smith 100 111 411 Negative Externalities of Tourism & Foreign Investment in The Bahamas Environmental Economics Negative Externalities of Tourism & Foreign Investment in The Bahamas Environmental Economics Negative Externalities of Tourism & Foreign Investment on The Bahamas’ Environment Although when the first few thoughts that come to mind when The Bahamas is mentioned to outsiders are paradise, luxury, and dream, the complete opposite comes to mind for its locals. The country is indeed a unique treasure of the Atlantic Ocean, however the price that citizens and the environment must pay to sustain such a legacy is starting to fog the crystal clear image the tourist destination needs desperately for its prosperity. The Bahamas’ waters and coastlines are part of its culture and are critical to its economy, as tourism-related activities employ about half of the work force. The livelihoods of many people are dependent on the beautiful islands and seas. Yet, the natural resources on which the country rely so much are under pressure from overfishing and coastal development. Special features like scuba diving and snorkeling sites that exist in the massive Andros Barrier Reef, Thunderball Grotto (of James Bond fame) and the black-coral gardens off Bimini are just a few of the country’s natural resources under threat as a result of careless, profit hungry foreign investors, inexperienced tourists and a financially desperate...

Words: 1454 - Pages: 6

Environmental and Economic Impact Essay

...Environmental and Economic Impact Assessment By Lori Wiley May 16, 2016 Eco/370 In Chapter 11 a narrow strip of land that is considered rainforest country is discussed. This land is known as the Tongass National Forest. Due to it being so scarce and the cutting of trees for timber, it poses a great threat compared to the tropical rainforests. This forest was once untouched and preserved. Over recent years and decades land has been converted into private land and owned by the state of Alaska. President Clinton put the Roadless Area Conservation Rule in force to protect nearly one-third of the 192 million acres in the national forest system, nationwide (B.C Field, 2013). The Bush administration promised to uphold the rule when elected. However, the Bush administration lied and withdrew it. This left 9.3 million acres without protection. This puts much of the heart of Alaska's rainforest, once again, back on the chopping block (B.C Field, 2013). The big ancient tree forest is a big target to the logging companies. These big trees provide much needed shelter to wildlife living within the forest. The timber industry is tearing out the heart of the Tongass Rainforest. The problem with logging is it is somewhat economic. Logging on private and public lands has been heavily subsidized, and industry's plan has been to log the best of the forest first, then the best of what is left. About half of forest covered with big trees and two-thirds of the biggest-tree stands have......

Words: 984 - Pages: 4

Of Environmental and Natural Resource Economics

...Purpose The purpose of this paper is to gain an understanding of marine protection areas within Australian waters and to analyse its policy from an environmental and economic viewpoint, in order to forward policy recommendations for future consideration. A Background to Environmental Policy The underlying assumption behind environmental policy is that by designing social intervention we can bring about environmental improvement. However, designing a policy that actually produces the changes you seek is extremely difficult. Chiefly, planning and policy attempt to exercise control, to develop a desired future (Thomas 2007, p.7). But control is difficult enough to achieve over people, let alone trying to control the physical environment (Thomas 2007, p.7). Another fundamental issue for policy-makers is the direction of the policy. In particular they have to consider whether they are attempting to prevent environmental impacts that result from human action, or whether they are attempting to adapt to such changes, consciously or unconsciously (Thomas 2007, p.8). Natural Resources Natural resources have been critical for human welfare since people first started to walk the earth several million years ago (Field 2005 p.27). Natural resource economics is the study of how the flow of goods and services derived from natural resources is, and should be, managed in today’s world (Field 2005 p.37). Field continues to state that resource management problems derive from the......

Words: 3864 - Pages: 16

Environmental Economics

...1. A graph showing the growth of forest volume over time looks like ... 1) A U shape 2) An inverted U shape 3) An S shape 4) A pyramid 5) A straight line 2. Maximizing the profit of timber harvesting involves all of the following except… 1) The total costs of harvesting 2) The total revenues from harvesting 3) The interest rate 4) The ecological value of forest diversity 5) The mean annual increment 3. The mean annual increment is calculated by ... 1) Dividing the annual change in biomass by the age of a forest 2) Dividing the total biomass by the age of a forest 3) Multiplying the annual change in biomass by the age of a forest 4) Dividing the annual change in biomass by the interest rate 5) Multiplying the annual change in biomass by the interest rate 4. A higher discount rate will tend to do all of the following except ... 1) Reduce the optimal harvesting period 2) Increase clear cutting 3) Encourage timber harvesting to pay off debts 4) Reduce the mean annual increment 5) Increase ecological damages to forests 5. What is the main cause of global tropical deforestation? 1) Slash-and-burn agriculture 2) Timber harvesting for export 3) Forest clearing for commercial ranches 4) Forest cutting for pulp 5) Forest clearing to build cities 6. How does total forested area tend to change as human populations increase? 1) Total forested area continually decreases 2) Total forested area continually increases 3) Total forested......

Words: 616 - Pages: 3