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Information
| Unit | FACULTY OF ENGINEERING |
| ENVIRONMENTAL ENGINEERING PR. | |
| Code | CMZ333 |
| Name | Environmental Economics |
| Term | 2025-2026 Academic Year |
| Semester | 5. Semester |
| Duration (T+A) | 2-0 (T-A) (17 Week) |
| ECTS | 2 ECTS |
| National Credit | 2 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
None
Resources
Lecturer notes
Notes
Field, Barry C., and Martha K. Field. Environmental Economics: An Introduction. Seventh edition. New York, NY, McGraw-Hill Education, 2017.
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 | Bilgi - Kuramsal, Olgusal | Becomes equipped with adequate knowledge in mathematics, science, environment and engineering sciences | |
| PLO02 | Bilgi - Kuramsal, Olgusal | Becomes able to apply theoretical knowledge in mathematics, science, environment and engineering sciences | |
| PLO03 | Bilgi - Kuramsal, Olgusal | Determines, describes, formulates and gains capabilities in solving engineering problems | |
| PLO04 | Bilgi - Kuramsal, Olgusal | Analyzes a system, components of the system or process, gains the designing capabilities of the system under the real restrictive conditions. | |
| PLO05 | Bilgi - Kuramsal, Olgusal | Chooses ans uses the ability to apply modern tools and design technics, suitable analytical methods, modeling technics for the engineering applications | |
| PLO06 | Bilgi - Kuramsal, Olgusal | Designs and performs experiments, data collection, has the ability of analyzing results | |
| PLO07 | Bilgi - Kuramsal, Olgusal | Works individually and in inter-disciplinary teams effectively | |
| PLO08 | Beceriler - Bilişsel, Uygulamalı | Becomes able to reach knowledge and for this purpose does literature research and to uses data base and other information sources | 3 |
| PLO09 | Beceriler - Bilişsel, Uygulamalı | Becomes aware of the necessity of lifelong learning and continuously self renewal | 5 |
| PLO10 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Capable of effective oral and written skills in at least one foreign language for technical or non-technical use | |
| PLO11 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Effective use of Information and communication technologies | |
| PLO12 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Defines necessities in learning in scientific, social, cultural and artistic areas and improves himself/herself accordingly. | 5 |
| PLO13 | Yetkinlikler - Öğrenme Yetkinliği | Professional and ethical responsibility | 5 |
| PLO14 | Yetkinlikler - Öğrenme Yetkinliği | Project management, workplace practices, environmental and occupational safety; awareness about the legal implications of engineering applications | 4 |
| PLO15 | Yetkinlikler - Öğrenme Yetkinliği | Becomes aware of universal and social effects of engineering solutions and applications, entrepreneurship and innovation and to have idea of contemporary issues | 4 |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Introduction to Environmental Economics | Lecturer notes and related articles | Öğretim Yöntemleri: Tartışma, Anlatım, Soru-Cevap |
| 2 | Economy and Environment, Material Balance model | Lecturer notes and related articles | Öğretim Yöntemleri: Soru-Cevap, Tartışma, Anlatım |
| 3 | Market and Price Theory | Lecturer notes and related articles | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 4 | Theory of consumer behavior | Lecturer notes and related articles | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 5 | Theory of producer behavior | Lecturer notes and related articles | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 6 | Market failure and Externalities | Lecturer notes and related articles | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 7 | Midterm exam | Lecturer notes and related articles | Ölçme Yöntemleri: Yazılı Sınav |
| 8 | Environmental Abatement Cost, Efficient Level of Emissions | Lecturer notes and related articles | Öğretim Yöntemleri: Tartışma, Soru-Cevap, Anlatım |
| 9 | Environmental Abatement Cost, Efficient Level of Emissions-continue | Lecturer notes and related articles | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 10 | Cost Benefit Analysis | Lecturer notes and related articles | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 11 | Environmental valuation methods | Lecturer notes and related articles | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 12 | Environmental Policy Analysis | Lecturer notes and related articles | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 13 | Command-and-Control Strategies: the Case of Standards | Lecturer notes and related articles | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 14 | Market Based Strategies: Emission Tax and Subsidies | Lecturer notes and related articles | Öğretim Yöntemleri: Tartışma, Soru-Cevap, Anlatım |
| 15 | Market Based Strategies: Tradable permits | Lecturer notes and related articles | Öğretim Yöntemleri: Tartışma, Soru-Cevap, Anlatım |
| 16 | Market Based Strategies: Tradable permits-continue | Lecturer notes and related articles | Öğretim Yöntemleri: Tartışma, Anlatım |
| 17 | Final Exam | Lecturer notes and related | Ölçme Yöntemleri: Yazılı Sınav |
Assessment (Exam) Methods and Criteria
Current term shares have not yet been determined. Shares of the previous term are shown.
| 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 | 2 | 28 |
| 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 | 1 | 1 |
| Final Exam | 1 | 1 | 1 |
| Total Workload (Hour) | 58 | ||
| Total Workload / 25 (h) | 2,32 | ||
| ECTS | 2 ECTS | ||