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Information
| Unit | FACULTY OF ENGINEERING |
| ENVIRONMENTAL ENGINEERING PR. | |
| Code | CMZ323 |
| Name | Environmental Economics |
| Term | 2019-2020 Academic Year |
| Semester | 5. Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 3 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | Türkçe |
| Level | Lisans Dersi |
| Type | Normal |
| Label | C Compulsory |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. FUAT BUDAK |
| Course Instructor |
Prof. Dr. FUAT BUDAK
(Güz)
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
The course aims to provide students with a detailed understanding of how the basic tools of economic analysis are used to identify sources of environmental problems and design environmental policy instruments within the context of a market based economic system.
Course Content
Economy and Environment, Supply and Demand, Economic Efficiency and Markets, Market Failure, Externalities, Economics of Environmental Quality, Command-and-Control Strategies: the Case of Standards, Market Based Strategies: Emission Tax and tradable emission permits.
Course Precondition
Resources
Notes
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Understand the relationship between environmental issues and economic growth |
| LO02 | Define and explain market and economc theory |
| LO03 | Define and explain market failure and externalities |
| LO04 | Understand the economics of environmental quality |
| LO05 | Compare non-market and market mechanisms for dealing with environmental issues |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | - | Becomes equipped with adequate knowledge in mathematics, science, environment and engineering sciences | 0 |
| PLO02 | - | Becomes able to apply theoretical knowledge in mathematics, science, environment and engineering sciences | 0 |
| PLO03 | - | Determines, describes, formulates and gains capabilities in solving engineering problems | 0 |
| PLO04 | - | Analyzes a system, components of the system or process, gains the designing capabilities of the system under the real restrictive conditions. | 0 |
| PLO05 | - | Chooses ans uses the ability to apply modern tools and design technics, suitable analytical methods, modeling technics for the engineering applications | 0 |
| PLO06 | - | Designs and performs experiments, data collection, has the ability of analyzing results | 0 |
| PLO07 | - | Works individually and in inter-disciplinary teams effectively | 0 |
| PLO08 | - | Becomes able to reach knowledge and for this purpose does literature research and to uses data base and other information sources | 0 |
| PLO09 | - | Becomes aware of the necessity of lifelong learning and continuously self renewal | 0 |
| PLO10 | - | Capable of effective oral and written skills in at least one foreign language for technical or non-technical use | 0 |
| PLO11 | - | Effective use of Information and communication technologies | 0 |
| PLO12 | - | Defines necessities in learning in scientific, social, cultural and artistic areas and improves himself/herself accordingly. | 0 |
| PLO13 | - | Professional and ethical responsibility | 0 |
| PLO14 | - | Project management, workplace practices, environmental and occupational safety; awareness about the legal implications of engineering applications | 0 |
| PLO15 | - | Becomes aware of universal and social effects of engineering solutions and applications, entrepreneurship and innovation and to have idea of contemporary issues | 0 |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Introduction to Environmental Economics | This topic | |
| 2 | Economy and Environment, Material Balance model | This topic | |
| 3 | Market and Price Theory | This topic | |
| 4 | Theory of consumer behavior | This topic | |
| 5 | Theory of producer behavior | This topic | |
| 6 | Market failure and Externalities | This topic | |
| 7 | Midterm exam | This topic | |
| 8 | Economics of Environmental Quality, Environmental Damage Function | This topic | |
| 9 | Environmental Abatement Cost, Efficient Level of Emissions | This topic | |
| 10 | Cost Benefit Analysis | This topic | |
| 11 | Environmental valuation methods | This topic | |
| 12 | Environmental Policy Analysis | This topic | |
| 13 | Command-and-Control Strategies: the Case of Standards | This topic | |
| 14 | Market Based Strategies: Emission Tax and Subsidies | This topic | |
| 15 | Market Based Strategies: Tradable permits | This topic | |
| 16 | Final exam | This topic | |
| 17 | Final exam | This topic |
Assessment (Exam) Methods and Criteria
| Assessment Type | Midterm / Year Impact | End of Term / End of Year Impact |
|---|---|---|
| 1. Midterm Exam | 100 | 40 |
| General Assessment | ||
| Midterm / Year Total | 100 | 40 |
| 1. Final Exam | - | 60 |
| Grand Total | - | 100 |
Student Workload - ECTS
| Works | Number | Time (Hour) | Workload (Hour) |
|---|---|---|---|
| Course Related Works | |||
| Class Time (Exam weeks are excluded) | 14 | 3 | 42 |
| Out of Class Study (Preliminary Work, Practice) | 14 | 2 | 28 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 0 | 0 | 0 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 6 | 6 |
| Final Exam | 1 | 10 | 10 |
| Total Workload (Hour) | 86 | ||
| Total Workload / 25 (h) | 3,44 | ||
| ECTS | 3 ECTS | ||