Course Details
Country:
Netherlands
Institution:
Free University of Amsterdam
Course Title:
Environmental and Transport Economics
Course Number:
E_EBE2_ETE
Course Description:
The course aims to teach the student to take market failures in the realm of environmental and transport economics seriously (Bridging Theory and Practice - Knowledge and Application). After taking this course, the student is able to characterize the relationship between government and market from an economic perspective. The student learns why, and under what conditions, the free market does not lead to an efficient allocation of goods, factors of production, and natural resource use. This course focuses on externalities (pollution, congestion), natural monopoly (e.g., railways), oligopoly (e.g., aviation and fossil fuels), public goods (e.g., environmental quality, infrastructure), and the management of renewable and non-renewable natural resource (e.g., fossil fuels, rare-earth elements, fisheries and forests). The student learns to apply economic methods and techniques that are indispensable in this context for analysing market failures and evaluating associated policies (Academic and Research Skills).
Language:
English
Approved Equivalent:
ECON 3---
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