Environmental Economics

Code:

AMB4020

Acronym:

AMB4020

Level:

400

Keywords
Classification	Keyword
OFICIAL	Environment

Instance: 2024/2025 - 1S

Active?	Yes
Responsible unit:	Department of Geosciences, Environment and Spatial Plannings
Course/CS Responsible:	Master in Environmental Sciences and Technology

Cycles of Study/Courses

Acronym	No. of Students	Study Plan	Curricular Years	Credits UCN	Credits ECTS	Contact hours	Total Time
M:CTA	8	Study plan since 2024/2025.	1	-	6	42	162

Teaching language

Portuguese

Objectives

Know the main instruments of environmental policies.
Know where to apply the instruments of environmental policies.
Assess the ways of implementing environmental taxes.

Learning outcomes and competences

Have knowledge of Environmental Economics and its main areas of intervention.
Know the main instruments of Environmental Economics.
Know how to determine the value of some of the taxes used in Environmental Economics.

Working method

Presencial

Pre-requirements (prior knowledge) and co-requirements (common knowledge)

Nothing to remark

Program

1. Economics and Environment: Introductory approach: Interaction, notion of Environmental Economics, basic concepts

2. Fundamental concepts in Environmental Economics: free riding, environmental externality, private costs, external costs and social costs, market approach

3. Economic foundation of environmental policy instruments and their application in practice: Forms of internalization of environmental externalities by environmental policy instruments

4. Carbon market: functioning; ETS; price determinants

5. environmental "value": concepts of environmental goods value; methods for monetary valuation of environmental benefits/damages

6. Application cases in environmental policies

Mandatory literature

Cristina Chaves, L. Costa Pinto & M. Valente; Economia do Ambiente: Conceitos e desenvolvimentos, 2023
D. W. Pearce & R. K. Turner; Economics of Natural Resources and the Environment, 1990

Complementary Bibliography

RONALDO SEROA DA MOTTA; MANUAL PARA VALORAÇÃO ECONÓMICA DE RECURSOS AMBIENTAIS, 1997
Sofia Santos; Introdução à Economia Verde, 2016

Teaching methods and learning activities

Expositive lessons and development of theoretical-practical exercises

Evaluation Type

Distributed evaluation with final exam

Assessment Components

designation	Weight (%)
Exame	65,00
Trabalho escrito	35,00
Total:	100,00

Amount of time allocated to each course unit

designation	Time (hours)
Estudo autónomo	78,00
Frequência das aulas	42,00
Trabalho escrito	42,00
Total:	162,00

Eligibility for exams

Completion of the written work and obtaining a positive mark in the written assessment

Calculation formula of final grade

NF = 5%PA + 35%TE + 60%EF

Where:
NF - Final grade
PA - Participation in classes
TE - Written work
FE - Final exam

Examinations or Special Assignments

Not applicable

Internship work/project

Not applicable

Special assessment (TE, DA, ...)

Not applicable

Classification improvement

Only to the final exam grade

Observations

Nothing to remark