Information Package / Course Catalogue
Environmental Economics
Course Code: ECON319
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 explore the interplay between economic activity and environmental quality, emphasizing how economic theory and practice can be applied to develop sustainable solutions for environmental challenges. In this regard, students will be equipped with a comprehensive understanding of the economic principles and tools essential for analyzing and addressing environmental issues. Besides, they will learn to critically evaluate environmental policies, understand the economic implications of environmental degradation, and propose economically viable strategies for sustainable development.

Course Content

This course delves into the dynamic relationship between economic systems and the environment. Throughout the course, we will explore how economic activities impact natural resources and ecosystems, and how economic tools can be utilized to address environmental problems. Some of the main topics to be covered in the course include: economic theory and environmental issues, market failures and externalities, cost-benefit analysis, and environmental policy instruments.

Name of Lecturer(s)
Learning Outcomes
1.Students will be able to explain key economic concepts and how they relate to environmental issues.
2.Students will be able to identify market failures such as externalities and public goods, and analyze their impact on the environment.
3.Students will critically evaluate different environmental policy instruments, including taxes and subsidies.
4.Students will assess the economic implications of climate change and evaluate policies for mitigation and adaptation.
5.Students will discuss the principles of sustainable development and evaluate the trade-offs between economic growth and environmental sustainability.
Recommended or Required Reading
1.İnançlı, S. (2024). Ulusal ve Uluslararası Boyutta Çevre Ekonomisi: Kavram-Politika-Uygulama. Seçkin Yayıncılık.
2.Durman, M. ve Önder, H. (2015). Doğal Kaynaklar ve Çevre Ekonomisi. Ekin Yayınevi
Weekly Detailed Course Contents
Week 1 - Theoretical
Introduction to Environmental Economics: Key Concepts and Terminology
Week 2 - Theoretical
Sustainability
Week 3 - Theoretical
Market Failures and Externalities
Week 4 - Theoretical
Cost-Benefit Analysis
Week 5 - Theoretical
Environmental Policy Instruments: Taxes and Subsidies
Week 6 - Theoretical
Environmental Policy Instruments: Taxes and Subsidies
Week 7 - Theoretical
Property Rights and Environmental Economics: Coase Theorem
Week 8 - Theoretical
Valuation of Environmental Goods and Services
Week 9 - Theoretical
Climate Change Economics
Week 10 - Theoretical
Climate Change Economics
Week 11 - Theoretical
Environmental Kuznets Curve
Week 12 - Theoretical
Environmental Justice
Week 13 - Theoretical
Green National Accounting
Week 14 - Theoretical
Future Directions in Environmental Economics
Assessment Methods and Criteria
Type of AssessmentCountPercent
Midterm Examination1%40
Final Examination1%60
Workload Calculation
ActivitiesCountPreparationTimeTotal Work Load (hours)
Lecture - Theory142370
Midterm Examination120121
Final Examination130131
TOTAL WORKLOAD (hours)122
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
PÇ-11
PÇ-12
OÇ-1
2
3
1
4
5
4
5
4
5
4
5
4
OÇ-2
2
4
1
4
5
4
5
4
5
4
5
5
OÇ-3
2
4
1
5
4
5
4
5
4
5
5
5
OÇ-4
1
4
1
4
5
4
5
4
5
4
5
4
OÇ-5
1
5
2
3
4
3
4
3
4
5
5
5
Adnan Menderes University - Information Package / Course Catalogue
2026