- Docente: Luca Lambertini
- Credits: 10
- SSD: SECS-P/01
- Language: Italian
- Moduli: Luca Lambertini (Modulo 1) Silvia Gatti (Modulo 2)
- Teaching Mode: In-person learning (entirely or partially) (Modulo 1); In-person learning (entirely or partially) (Modulo 2)
- Campus: Bologna
- Corso: First cycle degree programme (L) in Economics, Markets and Institutions (cod. 8038)
Learning outcomes
Economic growth and globalization go along with (or imply, some
would say) undesirable consequences on the quality of the
environment and the planet's residual stock of natural resources,
be they renewables or not. the course aims at making students aware
of (i) the environmental implications of advanced economic systems'
activities; (ii) the negative consequences of unequal development,
and (iii) possible sort- and long-run remedies in the form of
public policies and investments in green technologies. At the end
of the course, students will be in a position to critically assess
the basic features of the current debate on the basis of the
acquired wisdom in this field, being endowed with a toolkit with a
practical and professional value.
Course contents
The structure of the course is the following:
1) The genesis and foundations of environmental economics
- cost-benefit analysis
- externalities and public goods
- sustainability
2) Pollution
- pollution as an externality of production
- the measurement problem
- Coase and Hotelling's theorems
- policy measures: Pigouvian taxation, environmental standards and
pollution permits
3) Ethics and fairness: the welfare of future generations
- discounting
- environmental values
4) Natural resources
- exhaustible resources
- renewable resources and innovation incentives
5) The environment, natural resources and growth
- harmonizing development while safeguarding the environment
- uneven development and the environment
6) Market power, the environment and natural resources
- effects of monopoly power and oligopolistic interactions
-effects of international trade under imperfect competition
Readings/Bibliography
D.W. Pearce and R.K. Turner, Economia delle risorse naturali e
dell'ambiente, Bologna, Il Mulino.
Additional materiale will be delivered during the course
Teaching methods
class lecturing
Assessment methods
Written examination or, alternatively, an essay (on a single part
or both) on a subject to be agreed upon with the teacher
Teaching tools
Elementary methods of mathematical analysis.
Office hours
See the website of Luca Lambertini
See the website of Silvia Gatti