Courses Catalogue

Natural Resource And Environmental Economics

COURSE CODE: ECO 2103
COURSE CREDIT UNIT: 3
ACADEMIC PROGRAMME: Economics
COLLEGE/SCHOOL/FACULTY: College of Economics and Management
STATUS: Core
PROGRAMME TYPE: Undergraduate

Course Description

PURPOSE OF COURSE

The course examines the process of sustainable development, types and use of natural resources and the opportunity cost of using natural resources in the process of economic development. It aims at identifying and promoting practical means of bringing environmental values into the market place, in ways that benefit poor people and countries.

 

EXPECTED LEARNING OUTCOMES

By the end of the course unit, students should be able to:

  • Acquaint students with the ability to evaluate the economic consequences of environmental change; finding ways to internalize environmental values in public policy and market behaviour
  • Recognize the cost of development in terms of environmental productivity
  • Apply skills on how to use and integrate environmental economics  in the design and implementation of development plans and policies
  • Impart knowledge and synthesize different perspectives in order to achieve an ecologically and economically sustainable economy