Roberto Esposti 1 Facoltà di Economia “G. Fuà” Università Politecnica delle Marche Facoltà di Economia “G. Fuà” Università Politecnica delle Marche PowerPoint Slides Ancona, February 2012 Course on Economics of the Environment and Natural Resources Department of Economics and Social Sciences Università Politecnica delle Marche Piazza Martelli, 8 – Ancona tel – fax Web:

Facoltà di Economia “G. Fuà” Università Politecnica delle Marche Facoltà di Economia “G. Fuà” Università Politecnica delle Marche Roberto Esposti2 Course Description 44 hours; 6 credits 1.INTRODUCTION (2 h) 2.Part I - Principles of Environmental Economics 3.Part II - Sustainability: concepts and instruments

Facoltà di Economia “G. Fuà” Università Politecnica delle Marche Facoltà di Economia “G. Fuà” Università Politecnica delle Marche Roberto Esposti3 PART I: Principles of Environmental Economics  Public goods and externalities  The problem of social cost: Coase  Methods for measuring the economic value of environmental goods  Environmental policies: environmental tax  The Polluter Pays Principle 1.1. Topics

Facoltà di Economia “G. Fuà” Università Politecnica delle Marche Facoltà di Economia “G. Fuà” Università Politecnica delle Marche Roberto Esposti4 PART II: Sustainability: concepts and instruments 2.2.  Natural resources management and intertemporal or intergenerational choices  Economic development and the environment  Sustainable economic development  An ecological view on sustainability Topics

Roberto Esposti 5 Lectures, meetings and material  Lectures  Room: T30 (Tue) and T32 (Thu)  Tuesday and Thursday  Lectures start in time with a 10 mins break after the first hour  The course is expected to end on 22nd May  How to meet the teacher?  You may meet the teacher in his office on Wednesday  Otherwise, please contact him by or phone (skype is OK)  Course material  Some lectures are available as PowerPoint slides  PPT files can be find on teacher’s personal webpage:  Other material (papers) can be downloaded from teacher’s personal webpage

Roberto Esposti 6 Textbooks and exam  Pearce, D., Turner, R.K. 1990: Economics of natural resources and the environment. Johns Hopkins University Press.  Goodstein, E.S. 2010: Economics and the environment. John Wiley & Sons.  Further readings indicated during the course (pdf files will be found in the course website).  The exam is a written exam: o pen questions + closed- question test on both parts of the course