Information Package / Course Catalogue
Envıronment And Natural Resource Economıcs
Course Code: İKT460
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

To introduce economic activities and environment relationship due to the scarcity of natural resources.

Course Content

Introduction,Valuing environment and Natural sources, Property rights, Externalities, Coase theorem, Enviromental problems, Arranging markets, Renewable sources, Growth in natural scarcity, Trade and environment, Transportation and environment, Sources and energy.

Name of Lecturer(s)
Assoc. Prof. Şahin BULUT
Learning Outcomes
1.Defines basic principles of environment and natural resources
2.Explains externalities
3.Explains sustainable growth
4.Analyses populatin problem
5.Discusses energy problems
Recommended or Required Reading
1.Aruga, Kentaka. Environmental and Natural Resource Economics. Springer, 2022.
2.Serim, Nilgün. "Çevre ve doğal kaynaklar ekonomisi." Ekin Basım Yayım Dağıtım, 2015
3.Balaam, D. N., & Dillman, B. (2018). "Environment: Avoiding Global Catastrophe’, In Introduction to International Political Economy (s. 665-669). Liberte Yayınları
Weekly Detailed Course Contents
Week 1 - Theoretical
INTRODUCTION; HUMAN-ENVIRONMENT INTERACTION IN HISTORICAL PROCESS
Week 2 - Theoretical
ENVIRONMENTAL ECONOMICS AND TYPES OF ENVIRONMENTAL PROBLEMS
Week 3 - Theoretical
MARKET INEFFICIENCY IN THE PERSPECTIVE OF ENVIRONMENTAL ECONOMICS: EXTERNALITIES, MONOPOLY POWER
Week 4 - Theoretical
MARKET INEFFICIENCY IN THE PERSPECTIVE OF ENVIRONMENTAL ECONOMICS: PUBLIC GOODS AND ASYMMETRIC INFORMATION
Week 5 - Theoretical
INTERNALISATION OF EXTERNALITIES; DIRECT REGULATION (Total Emission Regulation - Emission Standard Regulation)
Week 6 - Theoretical
INTERNALISATION OF EXTERNALITIES; ECONOMIC INSTRUMENTS (Pigou Tax, Subsidy, Emission Trading System, Deposit System)
Week 7 - Theoretical
INTERNALISATION OF EXTERNALITIES; VOLUNTARY APPROACHES
Week 8 - Theoretical
THE GLOBAL SYSTEM AND THE POLITICAL ECONOMY OF THE ENVIRONMENT
Week 9 - Theoretical
NATURAL RESOURCES AND VALUATION METHODS
Week 10 - Theoretical
RENEWABLE AND NON-RENEWABLE RESOURCES
Week 11 - Theoretical
ENERGY AND WASTE PROBLEMS
Week 12 - Theoretical
GREEN AND CIRCULAR ECONOMIES
Week 13 - Theoretical
NATURAL RESOURCE ISSUES IN TÜRKİYE
Week 14 - Theoretical
GEOECONOMICS OBJECTIVES OF TÜRKİYE AND INTERNATIONAL RIVALRY
Assessment Methods and Criteria
Type of AssessmentCountPercent
Midterm Examination1%40
Final Examination1%60
Workload Calculation
ActivitiesCountPreparationTimeTotal Work Load (hours)
Lecture - Theory142370
Project23516
Individual Work23516
Midterm Examination19110
Final Examination112113
TOTAL WORKLOAD (hours)125
Contribution of Learning Outcomes to Programme Outcomes
PÇ-1
PÇ-2
PÇ-3
PÇ-4
PÇ-5
PÇ-6
PÇ-7
OÇ-1
4
4
4
4
4
4
5
OÇ-2
3
4
3
4
3
4
4
OÇ-3
3
4
5
4
4
4
4
OÇ-4
3
3
3
3
3
3
3
OÇ-5
3
4
4
4
4
4
4
Adnan Menderes University - Information Package / Course Catalogue
2026