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      ECON 330 | Course Introduction and Application Information

      Course Name
      Environmental Economics
      Code
      Semester
      Theory
      (hour/week)
      Application/Lab
      (hour/week)
      Local Credits
      ECTS
      ECON 330
      Fall/Spring
      3
      0
      3
      5

      Prerequisites
      None
      Course Language
      English
      Course Type
      Elective
      Course Level
      First Cycle
      Mode of Delivery face to face
      Teaching Methods and Techniques of the Course -
      National Occupation Classification -
      Course Coordinator
      • Doç. Dr. Gül ERTAN ÖZGÜZER
      Course Lecturer(s)
      • Doç. Dr. Meneviş UZBAY PİRİLİ
      Assistant(s)
      • Arş.Gör. Samet ŞİMŞEK
      Course Objectives This course adopts a broad ecological economics perspective to critically examine the economy as a subsystem of the biosphere. The objective of this course is to introduce students to the theoretical foundations, analytical tools, and policy debates of environmental economics by integrating insights from economics, ecology, and the social sciences. Emphasis is placed on understanding planetary boundaries, biophysical limits to growth, and the interdependencies between economic activity, ecological integrity, and human wellbeing. By linking global socioeconomic developments with life-supporting Earth systems, the course encourages students to critically assess dominant growth-oriented paradigms and to explore alternative economic approaches such as sustainability transitions, circular economy, sufficiency, and post-growth strategies. Ultimately, the objective of the course is to equip students with the conceptual and analytical capacity to evaluate environmental and sustainability policies across different temporal and spatial scales, and to contribute to the design of more just, resilient, and regenerative economic systems.
      Learning Outcomes

      The students who succeeded in this course;

      • Identify different perspectives on natural and environmental problems and their characteristics.
      • Evaluate nature and environmental management policies through normative criteria.
      • Describe the methods used to value environmental goods and services.
      • Utilize the necessary methods to value environmental goods and services
      • Describe the working principles of market-based natural resource and environmental policy instruments (such as emission pricing).
      Course Description Environmental economics is a transdisciplinary field of economics dedicated to transcend disciplinary boundaries by bringing together and re-embedding the natural and social sciences in nature to understand and address the complex and intertwined economic, social, and ecological crises and opportunities of the 21st century. Environmental economics studies the planetary boundaries of our planet and aims to provide solutions to manage human impacts on them by fostering sustainable, just, efficient, resilient, regenerative and sufficient long-term post-growth wellbeing economies. The main objective of this course is to address linking global socioeconomic developments with life-supporting Earth systems and incorporating feedbacks between them
      Related Sustainable Development Goals

       



      Course Category

      Core Courses
      Major Area Courses
      X
      Supportive Courses
      Media and Management Skills Courses
      Transferable Skill Courses

       

      WEEKLY SUBJECTS AND RELATED PREPARATION STUDIES

      Week Subjects Related Preparation
      1 Introduction Country Classification World Wide (UN & WB resources)
      2 Overview: Sustainable Development in times of Uncertainty and instability -UN and UNDP resources -UN Environment GEO: Global environment Outlook reports 2015 and 2016 -UN: World Economic Prospects 2023
      3 Triple ecological crisis: The planetary boundaries framework - Johan Rockstorm: Big World Small Planet - IEP Ecological Threat Report 2025 - OECD; 2025, Environmental outlook on the triple planetary crisis - Earth4All: A survival guide or Humanity 2024
      4 Economics and the Environment - Roger Perman, et. al, Natural resource and Environmental Economics - Kate Raworth ; the Doughnut economics - WID: Climate Inequality report 2025 - ILO (2025a): World employment and social outlook: Trends 2025.
      5 Neoclassical Growth Theory Versus Green Growth -Green Growth Knowlege Platform -Todaro & Smith; Economic Development 11th ed. -Steven Hacket: Environmental and Natural resource Economics, 3rd edition
      6 Climate Change -IPCC (2022) on Climate Change -UNFCC reports on Paris Agreement Change and COP’s - Green house emissions of all countries 2025
      7 Indicators of Ecological sustainability -Climate change performance index -Human Development Indices - OECD: environment at a Glance Indicators 2025
      8 Midterm Exam
      9 Case study: Turkiye: Environment and Climate Policy of the Country -RoT Ministry of Environment, -Urbanization, and Climate Change Reports -Additional Resources will be given later
      10 Green Transition; green growth; green jobs - OECD; Towards Green transition - EU reports on green transition - Green Growth Knowlege Platform Report - Country reviews on environmental and green economy performance
      11 EU Green Deal and Implications for Turkiye’s Economy -UNCTAD Trade and Development report 2019 -EU on Green New Deal - EU; Twin transition report 2023
      12 Renewable Energy and Biodiversity -International Energy Institute reports -Renewables 2022 global status report -IRENE Report on 2023: Reaching zero with renewables: Summary for policy makers - REN reports on renewable energy
      13 Circular Economy -EU Circular Economy Action Plan(2019) -Ellen mac Arthur Foundation Resources - WCEF (2018) “Second World Circular Economy Bulletin - UNCTAD Trade and Development report 2019
      14 Sustainable Lifestyles, Biodiversity Loss and Forests -SITRA; Encouraging Environmentally Sustainable Consumer Behavior, 2022 - Hot or Cool Inst (2025). A climate for sufficiency
      15 Review of the Semester
      16 Review of the Semester

       

      Course Notes/Textbooks

      Students are expected to have read the readings before coming to class. All the Reading material will be provided by the instructor each week.  Students – (in groups of two) will be  required to prepare and present a power point presentation based on the topic  assigned by the instructor. 
      Text Books: 
      - R. Perman, J Mac Gilvary,M. Common, natural Resource and Environmental Economics, 
      - Steven Hacket:  Environmental and Natural resource Economics, 3rd edition
      *All the resources for the course and for presentations will be provided by the instructor.

       

      Suggested Readings/Materials Environmental Economics & Policy (6th Edition) by Tom Tietenberg and Lynne Lewis (2009)

       

      EVALUATION SYSTEM

      Semester Activities Number Weigthing
      Participation
      1
      10
      Laboratory / Application
      Field Work
      Quizzes / Studio Critiques
      Portfolio
      Homework / Assignments
      1
      10
      Presentation / Jury
      1
      20
      Project
      Seminar / Workshop
      Oral Exams
      Midterm
      1
      20
      Final Exam
      1
      40
      Total

      Weighting of Semester Activities on the Final Grade
      4
      60
      Weighting of End-of-Semester Activities on the Final Grade
      1
      40
      Total

      ECTS / WORKLOAD TABLE

      Semester Activities Number Duration (Hours) Workload
      Theoretical Course Hours
      (Including exam week: 16 x total hours)
      16
      3
      48
      Laboratory / Application Hours
      (Including exam week: '.16.' x total hours)
      16
      0
      Study Hours Out of Class
      16
      2
      32
      Field Work
      0
      Quizzes / Studio Critiques
      0
      Portfolio
      0
      Homework / Assignments
      1
      10
      10
      Presentation / Jury
      1
      20
      20
      Project
      0
      Seminar / Workshop
      0
      Oral Exam
      0
      Midterms
      1
      10
      10
      Final Exam
      1
      30
      30
          Total
      150

       

      COURSE LEARNING OUTCOMES AND PROGRAM QUALIFICATIONS RELATIONSHIP

      #
      Program Competencies/Outcomes
      * Contribution Level
      1
      2
      3
      4
      5
      1

      To be able to acquire a sound knowledge of fundamental concepts, theories, principles and methods of investigation specific to the economic field.

      -
      -
      X
      -
      -
      2

      To be able to apply adequate mathematical, econometric, statistical and data analysis models to process economic data and to implement scientific research for development of economic policies.

      -
      -
      -
      -
      -
      3

      To be able to participate in academic, professional, regional, and global networks and to utilize these networks efficiently.

      -
      -
      -
      -
      -
      4

      To be able to have adequate social responsibility with regards to the needs of the society and to organize the activities to influence social dynamics in line with social goals.

      -
      -
      X
      -
      -
      5

      To be able to integrate the knowledge and training acquired during the university education with personal education and produce a synthesis of knowledge one requires.

      -
      -
      -
      -
      -
      6

      To be able to evaluate his/her advance level educational needs and do necessary planning to fulfill those needs through the acquired capability to think analytically and critically.

      -
      -
      -
      -
      -
      7

      To be able to acquire necessary skills to integrate social dynamics into economic process both as an input and an output.

      -
      -
      X
      -
      -
      8

      To be able to link accumulated knowledge acquired during the university education with historical and cultural qualities of the society and be able to convey it to different strata of society.

      -
      -
      -
      -
      -
      9

      To be able to take the responsibility as an individual and as a team member.

      -
      -
      -
      -
      -
      10

      To be able to attain social, scientific and ethical values at the data collection, interpretation and dissemination stages of economic analysis.

      -
      X
      -
      -
      -
      11

      To be able to collect data in economics and communicate with colleagues in a foreign language ("European Language Portfolio Global Scale", Level B1)

      -
      -
      -
      -
      -
      12

      To be able to speak a second foreign language at a medium level of fluency efficiently.

      -
      -
      -
      -
      -
      13

      To be able to relate the knowledge accumulated throughout human history to their field of economics.

      -
      -
      -
      -
      -

      *1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest


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