The Sustainable Development Economics course addresses the intersection between economics and environmental sustainability. More traditional aspects of economics, such as microeconomics, will be covered in an introductory context. However, there will be more emphasis on other aspects of economics that are closer to the environment and sustainability and their application in a real-world context. The program emphasizes the integration of economic theory and environmental practice, focusing on sustainability and the efficient management of natural resources within the context of a finite planet.
Sustainable economy, development, environment, sustainability
The program aims to develop skills in:
· Understanding the fundamental concepts of economics and sustainable development
· Analyzing the functioning of markets and their environmental failures
· Application of environmental economic analysis methodologies · Sustainable management of natural resources
· Economic evaluation of the environment
The program is structured around the following thematic areas:
1. Introduction to Economics and the problems in Sustainable Development
2. Principles of microeconomics
3. Environmental economics applied to pollution control and the management of renewable and non-renewable natural resource
4. Ecological economics and Sustainability
5. Circular economy and sustainable production
6. Methods for the economic evaluation of environmental resources
Mandatory Reading
· Materials available on the e-learning platform
Recomended Reading
· AEA (2018) The circular economy and the bioeconomy Partners in sustainability. Agência Europeia do Ambiente. EEA Report nº 8. ISBN 978-92-9213-974-2.
· Chaves, C., Pinto, L. C., Valente, M. (2023). Economia do Ambiente: Conceitos e Desenvolvimentos, Almedina.
· Common, M., Stagl, S., (2005). Ecological Economics, an introduction. Cambridge University Press.
· CULTIVAR Cadernos de Análise e Prospetiva Nº 15 (Bioeconomia). Gabinete de Planeamento, Políticas e Administração Geral (GPP). ISBN 2183-5624.
· Diakosavvas, D. and C. Frezal (2019). Bio-economy and the sustainability of the agriculture and food system: Opportunities and policy challenges. OECD Food, Agriculture and Fisheries Papers, No. 136, OECD Publishing, Paris, https://doi.org/10.1787/d0ad045d-en.
· Field, B., Field, M., (2008). Environmental Economics: an introduction, fourth edition, The McGraw-Hill Companies, Inc., New York.
· Jackson, Tim (2019) Prosperidade sem crescimento, Lisboa, Tinta da China (cap 1 e 2)
· Katz-Rosene, R. and Paterson, M. (2018). Thinking Ecologically about the Global Political Economy. Routledge, Taylor and Francis Group. London and New York. ISBN: 978-1-315-67783-5
· Spash, C.L. (2017). Routledge Handbook of Ecological Economics: nature and society. Routledge. ISBN: 978-1-315-67974-7
· Thauan Santos, Luan Santos; colaboradores Alessandra Magrini...[et al.] (2018). Economia do meio ambiente e da energia: fundamentos teóricos e aplicações. - 1. ed. - Rio de Janeiro: LTC, ISBN 978-85-216-3566-6.
· Tietenberg, T. and Lewis, L. (2015). Environmental and Natural Resource Economics, Tenth Edition. Boston: Pearson Education, Inc., USA.
e-learning
Continuous assessment is privileged: 2 or 3 digital written documents (e-folios) during the semester (40%) and a final exam (e-folio global) in the end of the semester (60%). In due time, students can alternatively choose to perform one final exam (100%).