Course code ECN101

ECN101 Economics for Environment and Development

Norsk emneinformasjon

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Showing course contents for the educational year starting in 2019 .

Course responsible: Ragnar Arnljot Øygard
Teachers: Kine Josefine Aurland-Bredesen
ECTS credits: 10
Faculty: School of Economics and Business
Teaching language: EN
(NO=norsk, EN=Engelsk)
Limits of class size:
-
Teaching exam periods:
This course starts in Spring parallel. This course has teaching/evaluation in Spring parallel.
Course frequency: Annually
First time: 2015V
Course contents:

The course is an introductory course in economics, with special emphasis on development, environmental and natural resource economics, policy analysis with emphasis on environmental issues and sustainable development. 

Issues and concepts discussed in the course include inequality, technology, population, growth, scarcity and choice, social interactions, game theory, mutual gains and conflict, firms, supply and demand, markets and market failure, economic efficiency and public policy, external effects, renewable and non-renewable resources, climate change, cost benefit analysis, sustainable development.

Learning outcome:

Candidates from the course shall be able to: 

- Show basic knowledge of economic issues such as inequality, technology, population, growth, scarcity and choice, social interactions, game theory, mutual gains and conflict, firms, supply and demand, markets and market failure, economic efficiency and public policy, external effects, renewable and non-renewable resources, climate change, cost benefit analysis, sustainable development. 

- Explain and use simple economic models. 

- Communicate the core ideas, concepts and analysis in the course to others.

Learning activities:
Lectures, compulsory assignments/exercises and individual reading.
Syllabus:
Selected parts of: The Core Team (2017): The Economy. Economics for a changing world, Oxford U.P. (also available free online) and parts of Keohane & Olmstead (2016): Markets and the Environment, Island Press. 
Recommended prerequisites:
Mandatory activity:

Excursion to Norges Bank

Written assignments: Three out of four assignments must receive a passing grade. Mandatory activity is valid until the next time the course is offered and for re-examination.

Assessment:
Written examination, 3 hours (100%)
Nominal workload:
300 hours
Entrance requirements:
Minimum requirements for entrance to higher education in Norway (generell studiekompetanse).
Reduction of credits:
ECN110 Introduction to Microeconomics - 3 ECTS, ECN120 Introduction to Macroeconomics, part I - 3 ECTS, ECN170 Environmental and Resource Economics - 3 ECTS, ECN100 Introduction to Economics - 5 ECTS, EDS140 Economics for Environment and Development - 10 ECTS.
Type of course:
Fifty hours of lectures and exercises.
Note:
The course is in English. Incoming students can contact student advisors at the School of Economics and Business (studieveileder-hh@nmbu.no) for admission to the course. 
Examiner:
External examiner will participate in the assessment of the examination process.
Allowed examination aids: B1 Calculator handed out, no other aids
Examination details: One written exam: A - E / Ikke bestått