Study programmeFrançais
Environmental Economics
Programme component of Master's Degree in Business Engineering à la Warocqué School of Business and Economics
CodeTypeHead of UE Department’s
contact details
Teacher(s)
UW-M1-IGGEST-021-MCompulsory UEVENMANS FrankW751 - Finance
  • VENMANS Frank

Language
of instruction
Language
of assessment
HT(*) HTPE(*) HTPS(*) HR(*) HD(*) CreditsWeighting Term
  • Anglais
Anglais3000003.003.00

AA CodeTeaching Activity (AA) HT(*) HTPE(*) HTPS(*) HR(*) HD(*) Term Weighting
W-ANMI-021Environmental Economics300000Q2100.00%
Unité d'enseignement

Objectives of Programme's Learning Outcomes

  • Mobilise expertise in at least one area of management.
    • Mobilise acquired skills in a specific professional environment.
  • Professionally communicate and present original work both orally and in writing.
    • Conduct scientific reasoning on complex or innovative management issues.
  • Prioritise responsible management practices.
    • Innovate in the development of methodologies and tools for analysis and decision-making in management.
    • Refer to ethical principles and apply ethical codes specific to management sciences to their own behaviour.
  • Adopt a scientific approach of analysis and reasoning.
    • Master the different steps and methods to carry out research on complex or innovative management issues.
    • Construct a reference framework, formulate questions or hypotheses from the analysis of scientific literature.
  • Integrate scientific and technological processes.
    • Master highly specialised skills in certain areas of management, including the management of production and logistics.
    • Assimilate the components of the social and economic environment of a company.
    • Demonstrate an open mind and adaption.

Learning Outcomes of UE

The course aims to allow students to assess existing policy and to design future policy, taking into account damage functions, the uncertainty surrounding the damage functions, side benefits, distributional issues and political feasibility.

Content of UE

Different philosophical stances towards the environment, welfare economics and the environment, optimal pollution levels, environmental policy instruments (command and control, taxes, tradeble permits, voluntary approaches), the science basis of climate change, international negociations on environmental problems (climate change versus ozone depletion), cost benefit analysis, optimal policy under uncertainty and irreversibility.

Prior Experience

Basic insights in microeconomics such as marginal costs and benefits, consumer/producer surplus and marginal utility are required. Basic mathematical skills such as insights in linear, quadratic and logarithmic functions as well as their derivatives are also a prerequisite.

Type of Assessment for UE in Q1

  • N/A

Q1 UE Assessment Comments

Not applicable

Type of Assessment for UE in Q2

  • Written examination

Q2 UE Assessment Comments

A written examination containing theory, application of theory in concrete circumstances, solving exercices and giving an informed personal opinion.

Type of Assessment for UE in Q3

  • Written examination

Q3 UE Assessment Comments

Idem term 2.

Type of Resit Assessment for UE in Q1 (BAB1)

  • Written examination

Q1 UE Resit Assessment Comments (BAB1)

Idem term 2.

Type of Teaching Activity/Activities

AAType of Teaching Activity/Activities
W-ANMI-021
  • Cours magistraux
  • Conférences

Mode of delivery

AAMode of delivery
W-ANMI-021
  • Face to face

Required Reading

AA
W-ANMI-021

Required Learning Resources/Tools

AARequired Learning Resources/Tools
W-ANMI-021 

Recommended Reading

AA
W-ANMI-021

Recommended Learning Resources/Tools

AARecommended Learning Resources/Tools
W-ANMI-021Perman, Ma, Common, Maddison, McGilvray (2011) Natural Resource and Enviornmental Economics, Pearson.

Other Recommended Reading

AAOther Recommended Reading
W-ANMI-021Not applicable

Grade Deferrals of AAs from one year to the next

AAGrade Deferrals of AAs from one year to the next
W-ANMI-021Autorisé
Date de génération : 29/03/2017
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Tél: +32 (0)65 373111
Courriel: info.mons@umons.ac.be