Topics covered include:
• The Environmental Economics
• Scarcity, resource allocation and optimization
• Non-renewable resources: intertemporal models for optimal extraction
• Policies for renewable resources. Substitutability of natural capital and scarcity
• Sustainable development and growth patterns (bioeconomy and circular economy)
• Efficiency and control of environmental problems
• Environmental externalities and pollution
• Economic and fiscal instruments for environmental control
• Economic analysis and collective action for decision-making purposes
• Economic evaluation techniques for assessing social costs and benefits
• Intergenerational equity
• Environmental impact assessment, strategic environmental assessment and the multi-criteria techniques
Methodologies considered are:
• Hedonic prices
• Contingent valuation
• Choice experiment
• Deliberative democracy and other no-market approaches