Economics and the Environment I


(Course Code: 304Υ, Course outline)

Semester:  1 Teaching Credits:  3 ECTS Credits: 4 Type:


Prerequisite Courses:  – Course type: General background Instructor: Antonis Skouloudis

Understanding and analysis of basic concepts of Economic and Public Policy and their application in the environment.

Topics per Week:
  • Introduction. Basic concepts. The logic of the economic approach
  • Economic System and the Environment
  • Key causes of the Environmental Problem
  • Gross Domestic Product & economic growth
  • Economic Growth & Development process
  • From classical/neoclassical economic growth theory to sustainable development
  • Weak vs. strong sustainability
  • Steady-state economy – Degrowth
  • Income inequality & environmental quality
  • Natural resources: Static & dynamic distribution
  • Public goods & common pool resources
  • Market forces: Supply, Demand & Environmental Extenalities
  • Economic instruments of environmental policy and pollution prevention
  • Global environmental issues, the green-circular economy & environmental responsibility
  • Recapitulation
Theory – Lectures
(hours / week)
Exercises – Laboratories
(hours / week)
Other Activities:  –
Grading: methods of evaluation: Assignments, Final Exam
Notes: Νο
Basic Textbook:
  • Mankiw, G.N.,Taylor,M.P. Αρχές οικονομικής θεωρίας, Τόμος Α’ – Μικροοικονομική, Εκδόσεις Gutenberg

  • Tientenberg,T, Οικονομική του Περιβάλλοντος και των φυσικών πόρων, Εκδόσεις Gutenberg



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