LFU:online

Provide students with economic foundations that allow them to understand the role of institutions, social norms and social preferences in agents’ economic decisions related to environmental problems. A particular focus is placed on tourism economic activities, associated environmental impacts and environmental policy alternatives in tourism.

1.       Introduction to social welfare.

2.       Indicators for Sustainability

3.       Corporate Social Responsibility

4.       Economic Policy for the Environment

The course will be based on a combination of lectures, exercises in class and home assignments.

Exercises in class: 20%

Home assignments: 20%

Final exam: 60%

Perman et al (2011) Welfare economics and the environment (Chapter 3), in Natural Resource and Environmental Economics. 4th edition.

EPA (2010) Guidelines for Preparing Economic Analyses. National Center for Environmental Economics, Office of Policy, U.S. Environmental Protection Agency.

Blanco, Rey-Maquieira and Lozano (2009) The economic impacts of voluntary environmental performance of firms: a critical review. Journal of Economic Surveys, 23, pp. 462-502.