ENS3530EN - Environmental Economics

Course description

This course discusses the impact of economic activities on the environment and examines concepts of efficiency, market failures, and externalities. It identifies the characteristics, scope and limitations of the regulatory and market instruments, as well as the environmental economic valuation methods. Introduces tools commonly used in environmental policies.

How this course benefits students

In identifying the implications of human activities on the environment and the way in which the economy has proposed alternative solutions. Reflect on the responsibility of caring for the environment as a fundamental element of God's creation and as the sustenance of human life (Genesis 1).

Why this course is important

The intensification of economic activities for human needs, the excessive desire for profits and consumerism, as well as the attributes and lack of clarity of the property rights of the environment and its environmental services, have caused pollution problems. Due to man's fall into sin, he has acted without regard to the environment.

Credit hours
3 hours
Subject area
Environmental Studies
Educational level
Bachelor
Learning type
Instructional
Prerequisites
None
Upcoming terms
Pending
* Schedule subject to change. Please contact the Registrar's office with schedule questions.

How this course relates to missional core values

Biblically based

Discuss the responsibility of human beings, in accordance with biblical commandments, to take care of the environment in each of their decisions and economic activities.

Missionally driven

Promote economic decision-making through programs and policies that promote economic, social, and environmental well-being as a way of witnessing to biblical commandments.

Contextually informed

Identify the main environmental problems and their relationship with the economic activities of the environment, as well as the type and effectiveness of the instruments applied.

Interculturally focused

Identify the main environmental problems and their relationship with the economic activities of different countries or regions of the world, as well as the type and effectiveness of the instruments applied for their solution.

Practically minded

Identify an environmental problem in your environment and propose programs or policies for its solution.

Experientially transformed

Recognize God's creation as a means of sustenance for human life, as well as the obligation and responsibility to care for the environment.