Announcements

  1. (Feb 13) Course page is online.
  2. Important Change: Attendance will be taken, and the weight will be 10%.
  3. Midterm Exam I, April 2 (Thursday), 13:00-14:45, at Seminar Odasi.  Bring Calculator. Dictionary allowed. Cell phone NOT allowed.
  4. MIDTERM I Coverage: Chapters: 4, 5, 15, 16, 17, 19.
  5. Midterm Result posted.
  6. Assignment is announced. Presentation and report due date: May 15th. (April 16)
  8. Slides covered after Midterm Exam uploaded. (May 13)
  9. Final Exam: May 25 (Monday) at 13:00 - 14:45, D1. Coverage: Ch 2 ,3 ,8 ,19.
  11. Final Exam Result announced. You can check your papers on 29 May, 1 and 2 June in my office. (May 28)

Personnel

Instructor: Shihomi Ara-Aksoy
(Office: İİBF, İktisat Bölümü, Email: )

Course Information

Schedule: Friday 13:00-15:45, D11
Office hours:
Mondays and Tuesdays 16:00 -17:00, Or By Appointment
Course description: This course provides an introduction to environmental and natural resource economics and policy. Lectures are designed to provide insights into economic aspects and a  theoretical foundation of a wide range of environmental issues including air and water pollution, climate change, management of renewable and non-renewable natural resources, and issues in common pool resource management, as well as the general knowledge of environmental and natural resource issues.

Course objective By the end of this course, students are expected to develop a capacity to   evaluate the environmental/natural resources problem at hand, analyze the possible instruments, and assess the impacts of the chosen instrument.

Prerequisites:
Fundamental Microeconomics knowledge

Texts

Course Syllabus

Lecture Schedule

Chapters

Contents

Week 1

(Feb 13)
Topics:
  • Introduction

Week 2

(Feb 20)
Topics:
  • Property Rights, Externalities, and Environmental Problems
Readings:
  • T.L. Ch. 4

Week 3

 

(Feb 27)
Topics:
  • Dynamic Efficiency and Sustainable Development
Readings:
  • T.L. Ch.5

Week 4

(Mar.6)
Topics:
  • Economics of Pollution Control
Readings:
  • T.L. Ch.15

Week 5

 

(Mar. 13)
Topics:
  • Stationary-Source Local Air Pollution
  • Regional and Global Air Pollution
Readings:
  • T.L. Ch.16 and 17                     

Week 6

[ppt]

(Mar 20)
Topics:
  • Mobile-Source Air Pollution
  • Water Pollution
Readings:
  • T.L. 18 and 19

Week 7

[ppt]

(Mar 27)
Topics:
  • Valuing the Environmental Concepts
Readings:
  • T.L. Ch.2

Midterm Exam

(TBA)
MIDTERM EXAM
Result
Slides covered after Midterm Exam Water Pollution
Environmental Valuation
Energy

Week 9

 

(Apr.10)
Topics:
  • Valuing the Environment: Methods
Readings:
  • T.L. Ch.3

Week 10

 

(Apr.17)
Topics:
  • The Allocation of Depletable and Renewable Resources
References:
  • T.L. Ch.7

Week 11

(Apr.24)
Topics:
  • Energy: The transition from Depletable to Renewable Resources
References:
  • T.L. Ch.8

Week 12

 

(May 1)
Topics:
  • Recyclable Resources
  • Replenishable but Depletable Resources: Water
References:
  • T.L. Ch.9 and 10

Week 13

(May 8)
Topics:
  • Reproducible Private Property Resources: Agricuture
  • Storable, Renewable Resource: Forests
References:
  • T.L. Ch.12 and 13

Week 14

(May 15)
Topics:
  • Common-Pool Resources: Fisheries and Other Commercially Valuable Species
References:
  • T.L. Ch.14

Final Exam

(TBA)
Final Exam
: Result

Exams

Grading Policy

Attendance10%
One Assignment10%
Midterm Exam30%
Final Exam50%

Assignment

See the instruction of the assignment here.

Related Links

International and Others

Turkey

Reports in Turkey