ECON9912C – Topics in Environmental and Resource Economics
Schedule, syllabus and examination date
Course content
Short description: This course discusses advanced topics in environmental economics by starting to discuss the functioning of the most prominent environmental policy instruments, notably command and control, emission taxes, and tradable emission allowances. We further discuss repercussions to product markets, imperfect competition and address international environmental problems, notably climate policy. We also discuss liability rules and long term investment incentives. Finally, we give an introduction to dynamic problems, notably accumulating pollutants.
Learning outcome
Chapter 1: Markets, Welfare and the Problem of Externalities
Chapter 2: The Workhouse Model of Environmental Economics and Environmental Policy Instruments
- Command and control
- Emission taxes
- Tradable emission permits
- Subsidies on abatement
- The Coase Theorem
Chapter 3: Environmental Policy under Imperfect information
Chapter 4: Repercussions on Output Markets
Chapter 5: International Environmental Problems
Chapter 6: Environmental Policy with pre-existing distortions
Chapter 7: Dynamic problems, notably accumulating pollutants
Admission
This course is offered to PhD candidates at the Oslo PhD Initiative in Economics at UiO and BI. Other candidates admitted to a PhD program may apply to take the course.
Application form.
Teaching
Mini-course taught over four days.
Examination
Take home exam or term paper.
Language of examination
The examination text is given in English, and you submit your response in English.
Grading scale
Grades are awarded on a pass/fail scale. Read more about the grading system.