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Teaching Material on Environmental Economics with an International Dimension
 
Sangeeta Bansal, Meeta Mehra and Aparna Sawhney
Centre for International Trade and Development (CITD),
Jawaharlal Nehru University, India
and
Anne Marie Zwerg, Universidad EAFIT, Colombia

 MODULE 1 - INTERFACE BETWEEN ECOLOGY AND ECONOMY 

Objectives:

  • Explain the relationship between economy and environment.
  • Relate the patterns of population growth and natural resources usage.
  • Identify causes of environmental degradation.
  • Assess the role of governments in relation to environment and development. 

 MODULE 2 - BASIC THEORETICAL TOOLS 

Objectives:

  • Explain efficiency of market mechanism.
  • Explain underlying assumptions that ensure the efficiency properties of markets.
  • Identify sources of market failure.
  • Explain how various sources of market failure lead to inefficiency in the market outcome. 

MODULE 3 - ENVIRONMENTAL GOVERNANCE 

Objectives:

  • Explain how governments can intervene and regulate economic activity to mitigate
    environmental problems.
  • List, explain and compare the available policy instruments. 

MODULE 4 - ENVIRONMENTAL GOODS AND SERVICES (EGS)

Objectives:

  • This chapter provides an overview of the global market of environmental goods and services (EGS), and the Doha negotiations on liberalizing trade in EGS under the World Trade Organization (WTO). 

MODULE 5 - GREEN CONSUMERS AND CORPORATE RESPONSES 

Objectives:

  • Understand why corporations, on their own, are taking measures to prevent damage to the environment.