Information Package / Course Catalogue
Environmental Economics and Fiscal Policies
Course Code: ML472
Course Type: Area Elective
Couse Group: First Cycle (Bachelor's Degree)
Education Language: Turkish
Work Placement: N/A
Theory: 3
Prt.: 0
Credit: 3
Lab: 0
ECTS: 5
Objectives of the Course

This course aims to teach the economic dimensions of environmental problems and the fiscal policy instruments used to address them. It provides students with knowledge of the fundamental concepts of environmental economics, environmental externalities, and sustainable development principles. The role of environmental taxes, carbon taxes, emissions trading systems, and other fiscal instruments in achieving environmental objectives is examined. Furthermore, national and international fiscal policies for combating climate change are evaluated.

Course Content

The course begins with the fundamental concepts of environmental economics and environmental externalities. The efficient use of natural resources, sustainable development, and the economic effects of environmental policies are examined. Fiscal instruments such as environmental taxes, carbon taxes, subsidies, and emissions trading systems are discussed in detail. Climate change, energy policies, and green transition processes are evaluated from an economic perspective. In addition, international environmental agreements and practical examples of environmental fiscal policies are analyzed.

Name of Lecturer(s)
Learning Outcomes
1.Explains the fundamental concepts of environmental economics and the economic causes of environmental problems.
2.Analyzes environmental externalities and market failures.
3.Evaluates the functioning of environmental taxes and other fiscal policy instruments.
4.Interprets economic and fiscal policies used to combat climate change.
5.Evaluates environmental policies in line with sustainable development goals.
Recommended or Required Reading
1.Tietenberg, T. & Lewis, L. Environmental and Natural Resource Economics. Routledge.
Weekly Detailed Course Contents
Week 1 - Theoretical
Introduction to Environmental Economics
Week 2 - Theoretical
Environmental Externalities and Market Failures
Week 3 - Theoretical
Natural Resource Economics
Week 4 - Theoretical
Sustainable Development
Week 5 - Theoretical
Economic Foundations of Environmental Policies
Week 6 - Theoretical
Environmental Taxes
Week 7 - Theoretical
Carbon Taxes and Carbon Pricing
Week 8 - Intermediate Exam
Midterm Examination
Week 9 - Theoretical
Emissions Trading Systems
Week 10 - Theoretical
Environmental Incentives and Subsidies
Week 11 - Theoretical
Climate Change and Fiscal Policies
Week 12 - Theoretical
Energy Policies and Green Transition
Week 13 - Theoretical
International Environmental Agreements
Week 14 - Theoretical
Current Environmental Policies and Case Analyses
Assessment Methods and Criteria
Type of AssessmentCountPercent
Presentation1%10
Assignment Examination1%10
Midterm Examination1%20
Final Examination1%60
Workload Calculation
ActivitiesCountPreparationTimeTotal Work Load (hours)
Lecture - Theory144398
Midterm Examination110111
Final Examination110111
TOTAL WORKLOAD (hours)120
Contribution of Learning Outcomes to Programme Outcomes
PÇ-1
PÇ-2
PÇ-3
PÇ-4
PÇ-5
PÇ-6
PÇ-7
PÇ-8
PÇ-9
PÇ-10
OÇ-1
4
5
4
5
4
5
4
5
4
5
OÇ-2
4
4
4
5
4
5
4
5
4
4
OÇ-3
5
4
5
4
5
4
5
4
5
4
OÇ-4
5
4
5
4
5
4
5
4
4
5
OÇ-5
5
4
5
4
5
4
5
4
5
5
Adnan Menderes University - Information Package / Course Catalogue
2026