Study-Unit Description

Study-Unit Description


CODE EST5370

 
TITLE European Union Environmental Economics

 
UM LEVEL 05 - Postgraduate Modular Diploma or Degree Course

 
MQF LEVEL 7

 
ECTS CREDITS 6

 
DEPARTMENT European Studies

 
DESCRIPTION The study-unit deals with the basic theories of the economics of the environment which are then applied to EU environmental policy.

Reading List

THE FOLLOWING TEXTS ARE RECOMMENDED
• FIELD AND FIELD, 2008, ENVIRONMENTAL ECONOMICS, MCGRAW-HILL/IRWIN; 5 EDITION
• HANLEY, SHOGREN AND WHITE, 2007, ENVIRONMENTAL ECONOMICS: IN THEORY & PRACTICE, SECOND EDITION (PAPERBACK) PALGRAVE MACMILLAN; 2 EDITION, 2007
• KOLSTAD C, 1999, ENVIRONMENTAL ECONOMICS, OXFORD UNIVERSITY PRESS, USA
• PEARCE AND TURNER, ECONOMICS OF NATURAL RESOURCES AND THE ENVIRONMENT, HARVESTER WHEATSHEAF, LONDON 1990
• STAVINS, 2005 ECONOMICS OF THE ENVIRONMENT: SELECTED READINGS, FIFTH EDITION W. W. NORTON & COMPANY
• STEINER, MARTONAKOVA, GUZIOVA, 2003, UNDP ENVIRONMENTAL GOVERNANCE SOURCEBOOK
• TIETENBERG, LEWIS, 2008, ENVIRONMENTAL & NATURAL RESOURCE ECONOMICS (8TH EDITION) (ADDISON-WESLEY SERIES IN ECONOMICS
• TURNER, PEARCE AND BATEMAN, 1993, ENVIRONMENTAL ECONOMICS, HARVESTER WHEATSHEAF, LONDON
• VARIAN, 2007 INTERMEDIATE MICRO ECONOMICS: A MODERN APPROACH, W. W. NORTON & COMPANY

THE FOLLOWING SUPPLEMENTARY READINGS ARE RECOMMENDED (*PROVIDED)
• ALDERSGATE GROUP 2008, GREEN FOUNDATIONS 2009 THE PATH TO A VIBRANT ECONOMY COMPETITIVE ADVANTAGE AND SUSTAINABLE PROSPERITY
• BAUMAL AND OATS (1988), THE THEORY OF ENVIRONMENTAL POLICY, SECOND EDITION, CAMBRIDGE: CAMBRIDGE UNIVERSITY PRESS, CHAPTER 17
• BEGG ET AL EDS (1993), MAKING SENSE OF SUBSIDIARITY: HOW MUCH CENTRALISATION FOR EUROPE? MONITORING EUROPEAN INTEGRATION 4, A CEPR ANNUAL REPORT. LONDON: CENTRE FOR ECONOMIC POLICY RESEARCH.
• *BLACKHURST R. AND SUBRAMANIAN A. 1994, PROMOTING MULTILATERAL CO-OPERATION ON THE ENVIRONMENT, IN THE GREENING OF WORLD TRADE ISSUES, ANDERSON K AND BLACKHURST R, HARVESTER WHEATSHEAF
• *BOCKSTAEL N ET AL, 1992 TIME AND THE RECREATIONAL DEMAND MODEL, IN MARKANDYA AND RICHARDSON, EARTHSCAN READER
• *BRIGUGLIO M. 1994, WHAT ON EARTH IS ENVIRONMENTAL ECONOMICS? PUBLISHED IN THE SUNDAY TIMES OF MALTA.
• *CROPPER AND OATES, “ENVIRONMENTAL ECONOMICS: A SURVEY”, JOURNAL OF ECONOMIC LITERATURE VOL. XXX 1992
• DANISH ECOLOGICAL COUNCIL 2003, GLOBAL ENVIRONMENTAL PROBLEMS CAN BE SOLVED USING ECONOMIC INSTRUMENTS http://www.czp.cuni.cz/ekoreforma/EDR/DEC-Global_Environmental_Problems.PDF
• *DASGUPTA P. 1990, “THE ENVIRONMENT AS A COMMODITY”, IN OXFORD REVIEW OF ECONOMIC POLICY VOL 6 NR 1
• *DHARMARATNE G AND BRATHWAITE A. E. 1994, ECONOMIC EVALUATION OF COASTLINE, UNIVERSITY OF WEST INDIES BARBADOS
• *GASTSIOS, KONSTANTINE AND SEABRIGHT (1989), REGULATION IN THE EUROPEAN COMMUNITY, OXFORD REVIEW OF ECONOMIC POLICY, VOL 5, NR 2, PP 37-60
• *GREEN BUDGET GERMANY 2002, ECOLOGICAL TAX FIVE QUESTIONS FIVE ANSWERS FEDERAL ENVIORNMENT AGENCY
• *HAHN 1989, ECONOMIC PRESCRIPTIONS FOR ENVIRONMENTAL PROBLEMS: HOW THE PATIENT FOLLOWED THE DOCTOR’S ORDERS JOURNAL OF ECONOMIC PERSPECTIVES 95.
• HANLEY AND SPASH 1993, COST BENEFIT ANALYSIS AND THE ENVIRONMENT, EDWARD ELGAR, ALDERSHOT
• HARDIN, 1968 THE TRAGEDY OF THE COMMONS PUBLISHED IN SCIENCE, DECEMBER 13
• *MALTA EU INFORMATION CENTRE, 2002, LENGTHY TALKS ON MATLA’S ENVIRONMENT DRAW TO A CLOSE AGGORNAT ED 14
• *MILBORROW D. 1996 PRICING POLLUTION IN A COMPETITIVE MARKET, IN WIND POWER MONTHLY.
• NETWORK OF THE HEADS OF ENVIRONMENTAL AGENCIES, 2005 THE CONTRIBUTION OF GOOD ENVIRONMENTAL PRACTISE TO COMPETITIVENESS, PRAGUE.
• *O’NEILL R., KAHN J., 1998 ECONOMICS AND ECOLOGY: THE NEED FOR A DÉTENTE IN CONSERVATION ECOLOGY in http://www.ecologyandsociety.org/vol2/iss1/art4/
• SIMM I. 2008 WHEN IT COMES TO THE CRUNCH IN ENVIRONMENTAL FINANCE VOL 10 NR 1
• *SMITH STEPHEN 1992, TAXATION A AND THE ENVIRNMENT A SURVEY, IN FISCAL STUIES VOL 13 NR 4
• *TENNANT, T. THE GROWTH IN ENVIRONMETALLY RESPONSIBLE INVESTMENT – EXTRACT
• *TIETENBERG T., 1990, ECONOMIC INSTRUMENTS FOR ENVIRONMENTAL REGULATION OXFORD REVIEW OF ECONOMIC POLICY VOL 6 NR 1
• *VAN DER VEEN GREET, 2004 CONCLUSIONS OF THE ETAP WORKING CONFERENCE “FINANCIAL INSTRUMENTS FOR SUSTAINABLE INNOVATIONS” AMSTARDAM.
• *VELJANOVSKI 1983, THE MARKET FOR REGULATORY ENFORCEMENT IN ECONOMIC JOURNAL CONFERENCE PAPERS
• *VROM 2004, ENVIRONMENT AS AN ECONOMIC OPPORTUNITY, KNOWLEDGE DOCUMENT INFORMAL ENVIRONMENT COUNCIL, DUTCH EU PRESIDENCY
• WORLD BANK 1994, DOSE-RESPONSE FUNCTIONS AND THE HEALTH IMPACTS OF AIR POLLUTION, THE WORLD BANK DISSEMINATION NOTES ENVIRONMENT
• *WORLD BANK 1994, FORESTRY VALUES MUCH MORE THAN MEETS THE EYE, THE WORLD BANK DISSEMINATION NOTES ENVIRONMENT
• WORLD BANK 1994, GLOBAL WARMING MEASURING THE COSTS, THE WORLD BANK DISSEMINATION NOTES ENVIRONMENT.
• WORLD BANK 1994, THE ECONOMIC TOLL OF POLLUTION’S EFFECT ON HEALTH, THE WORLD BANK DISSEMINATION NOTES ENVIRONMENT
• WORLD BANK 1994, WHAT ARE WETLANDS WORTH, THE WORLD BANK DISSEMINATION NOTES ENVIRONMENT.

THE FOLLOWING WEBSITES MAY BE USEFUL
• HTTP://WWW.ENV-ECON.NET
• HTTP://COMMONTRAGEDIES.WORDPRESS.COM/
• HTTP://FORESTPOLICY.TYPEPAD.COM/ECOECON/
• HTTP://ECOLOGICALECON.BLOGSPOT.COM/
• HTTP://ECONOMISTSVIEW.TYPEPAD.COM/ECONOMISTSVIEW/ENVIRONMENT/INDEX.HTML
• HTTP://WWW.ENVIROVALUATION.ORG/
• HTTP://GLOBALISATION-AND-THE-ENVIRONMENT.BLOGSPOT.COM/
• HTTP://ENVIROECON.WORDPRESS.COM/
• HTTP://WWW.GREENOMICS.BLOGSPOT.COM/
• HTTP://COMMONSBLOG.ORG/FREE_READING.PHP
• HTTP://WWW.FUTUREOFBUSINESS.INFO/
• HTTP://WWW.AERE.ORG/
• HTTP://WWW.EAERE.ORG/
• HTTP://WWW.ENN.COM/
• HTTP://NOEP.MBARI.ORG/NONMARKET/
• HTTP://WWW.RFF.ORG/PAGES/DEFAULT.ASPX
• HTTP://EUROPA.EU.INT/COMM/ENVIRONMENT
• HTTP://WWW.ECO-TAX.INFO/EN/
• HTTP://WWW.MEPA.ORG.MT
• HTTP://WWW.EEA.EUROPA.EU/

 
ADDITIONAL NOTES Pre-requisite: Students who do not have an economics background must successfully complete the supplementary study-unit EST1033.

Failure in submitting the Seminar Paper or an unjustified absence in the Examination will result in an overall fail.

 
STUDY-UNIT TYPE Seminar

 
METHOD OF ASSESSMENT
Assessment Component/s Sept. Asst Session Weighting
Seminar Paper [See Add. Notes] Yes 25%
Examination [See Add. Notes] (3 Hours) Yes 75%

 
LECTURER/S Marie Briguglio (Co-ord.)
Jonathan Spiteri

 

 
The University makes every effort to ensure that the published Courses Plans, Programmes of Study and Study-Unit information are complete and up-to-date at the time of publication. The University reserves the right to make changes in case errors are detected after publication.
The availability of optional units may be subject to timetabling constraints.
Units not attracting a sufficient number of registrations may be withdrawn without notice.
It should be noted that all the information in the description above applies to study-units available during the academic year 2023/4. It may be subject to change in subsequent years.

https://www.um.edu.mt/course/studyunit