Environmental and natural resources economics

10.11.2026 - 4.12.2026

5 cr

Registration open

Face-to-face

This course provides an introduction to the economic and policy dimensions of environmental and natural resource management. It explores the relationship between economic development, resource use, and environmental sustainability, focusing on market failures, externalities, and policy interventions. Students will examine the economic principles behind natural resource exploitation, climate change mitigation, and energy-environment interactions.
Key topics include policy instruments such as carbon pricing, emissions trading, and environmental taxation, as well as the role of institutions and global agreements in shaping environmental governance. The course also covers sustainable development, circular economy practices, and the transition to renewable energy. By the end of the course, students will have a strong understanding of the economic drivers of environmental issues and the policy tools available to promote sustainability.

Contains

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Additional information:

Fields

Business, administration and law

Scope

5 cr

Code

KANS3031

This course provides a comprehensive understanding of how economic principles apply to environmental and natural resource management. It explores the economic causes of environmental problems, policy instruments for addressing them, and the sustainable use of natural resources. The course equips students with analytical tools to evaluate environmental policies, assess resource allocation, and understand the trade-offs between economic development and environmental conservation.

By the end of this course, students will be able to:

Analyse the relationship between economic development, resource use, and environmental sustainability.
Evaluate market failures, externalities, and policy instruments used to address environmental and resource management challenges.
Assess the economic impacts of climate change and the effectiveness of mitigation policies such as carbon pricing and emissions trading.
Examine the role of institutions, global agreements, and governance structures in shaping environmental policies.
Propose sustainable economic strategies, including circular economy practices and energy transition policies, to promote environmental sustainability.

Organiser

University of Vaasa

Contact details

avoinyo@uwasa.fi

029 449 8004

Belongs to themes:

Sustainable development and growth

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