ENS5530EN - Advanced Environmental Economics

Course description

Evaluate the instruments to correct market failures and reduce pollution and environmental deterioration. Examine case studies and discuss the scope and limitations of the environmental economic valuation methods to identify and use the one that best suits the economic-environmental needs. This course provides advanced tools for Socio-ecological and Ecological Economics studies. 

How this course benefits students

Explain the process of designing, implementing and evaluating environmental policies to produce novel and effective solutions. Use environmental economic assessment tools, considering their scope and limitations for the development of environmental policies. 

Why this course is important

Environmental economics is a first attempt by economists to resolve the negative externalities of economics on the environment. Their contributions have been significant, although they have had limitations. It is necessary to understand the process of design, implementation and evaluation of the instruments of environmental economics, as well as that of tools such as environmental economic valuation. 

Credit hours
3 hours
Subject area
Environmental Studies
Educational level
Learning type
Upcoming terms
* Schedule subject to change. Please contact the Registrar's office with schedule questions.

How this course relates to missional core values

Biblically based

Identify the biblical foundations about the government's responsibility to evaluate and design environmental policies that promote socioeconomic and environmental well-being. 

Missionally driven

Designing environmental policies that seek social and environmental well-being, through the tools of environmental economics and based on biblical foundations is one of the ways to comply with and transmit the teachings of Christian doctrine. 

Contextually informed

Identify the characteristics of the design, implementation and effects of environmental policies of the environment or community of the student, and identify the economic value of the environment, through the tools of environmental economic valuation, and from a spiritual and ethical perspective. 

Interculturally focused

Identify the design, implementation and effects of environmental policies in other regions of the world, as well as the use of environmental economic valuation methods. 

Practically minded

Make recommendations for improvements in environmental policies, and use some of the environmental economic assessment tools in the immediate environment of the student. 

Experientially transformed

Experience the process of design, implementation and evaluation of an environmental policy based on technical foundations, and from a biblical and comprehensive perspective, in which they will face challenges that they will be able to overcome by God's grace.