ECN 510 Course Outline (F2019 ) PDF

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Faculty of Arts Department of Economics

ECN 510 Environmental Economics Fall 2019 Fridays @ 11 - 2 PM @ EPH 225 Professional/Professionally related Course Lectures are 3 hours per week Prerequisite: ECN 104 or Direct Entry, Anti-Requisites: ECN 511

Instructor Name: Office Location: Office Hours: Phone: Website: Email address:

Bolor Narankhuu, Ph.D. POD-375 Fridays at 2-4 PM (with appointments) 416-979-5000 my.ryerson.ca for courses using D2L [email protected]

Ryerson e-mail accounts are to be used for communication between faculty and students. Students are also reminded to use their professional judgment when e-mailing any instructor regarding a course. This includes the structure and tone of e-mail.

Course Description This course looks at the relationship between the economy and the environment. It discusses how economics can help identify key issues in environmental problems. Economic concepts are used to shed light on solutions to the problem of pollution, the management of common property, and the possibility of “sustainable development”.

Course Textbook Barry Field and Nancy Olewiler, (2015), Environmental Economics , 4th Canadian Edition, McGraw-Hill Ryerson. There are digital and print formats. Please visit the publisher’s website (the link below) to choose your preferred format. https://www.mheducation.ca/highereducation/products/9781259103711/connect+online+access+ for+environmental+economics/

Course Topics Part 1: Part 2: Part 3: Part 4:

Introduction: The Economy and the Environment Analytical Tools Cost Benefit Analysis Environmental Policy

Chapters 1, 2 Chapters 3, 4, 5 Chapters 6, 7, 8 Chapters 9-13, 16,17

Weekly topical outline* Week Dates Topics 1 06-Sep What is Environmental Economics? 2

13-Sep

3

20-Sep

4

27-Sep

5

04-Oct

6 7 8

11-Oct 18-Oct 25-Oct

9

1-Nov

10

8-Nov

11

15-Nov

12

22-Nov

13

29-Nov

14

TBA

Natural capital, Linkages between Economy and Environment Benefits and Costs, supply and demand Benefits and Costs, Supply and Demand Economic efficiency and Markets Economic efficiency and Markets The pollution targeting and The Equimarginal Principle Finding the socially efficient level of pollution Benefit-Cost Analysis: General framework Benefit-Cost Analysis: Benefits Study week break Midterm Exam Benefit-Cost Analysis: Costs Criteria for Evaluating Environmental Policies Liability Laws, Property Rights, Moral Suasion, Green Goods Standards Standards Emission taxes and subsidies Emission taxes and subsidies Transferrable emission permits Canadian Environmental Policies Final Exam Review Final Exam

Chapters Chapter 1 Chapter 2 & 3 Chapter 3 & 4 Chapter 4 & 5 Chapter 5 & 6 Chapter 7 No classes Chapters 1 - 7 Chapter 8 & 9 Chapter 10 & 11 Chapter 11& 12 Chapter 12 & 13 Chapter 16 & 17 Chapters 813,16,17

*Subject to change

Notes: 1. Students are responsible for all material covered in the text chapters. However, the lecture material will have an emphasis on tests, assignments and the final exam.

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2. Due to the time constraint, it is possible that some topics will not be covered. The instructor maintains discretion regarding changes in this outline. Any changes will be discussed in class and announced on the blackboard.

Attendance and Participation Given that we will cover many materials outside the scope of the books, lectures are a critical part of the course. Although attendance to lectures is not mandatory, students are responsible for all material presented in the lectures. Students experiencing problems with (or having questions about) the material should seek help from the professor via email, and should not leave questions to just prior to the tests or exam.

Course Evaluation The weights and scheduled dates for the term paper, mid-term exam and final exam are following: Activities Term Paper Midterm Exam Final Exam

Weight 25% 35% 40%

Dates TBA Oct 25 TBA

The midterm and final exams will consist of multiple-choice and short-answer questions. NOTES: (i)

(ii)

If the Midterm exam is missed due to acceptable, documented circumstances (see Common Departmental Course Management Policy below), please proceed the procedures stated in the Student Handbook (see the pdf file below) and the professor will schedule the makeup exam through the Make-Up Test Centre. Students must hand back the Midterm exam paper.

Term paper guidelines: Please refer to the term paper detailed guidelines to be posted on D2L Brightspace. This course will utilize Turnitin for term paper submission. Turnitin.com is a plagiarism prevention and detection service to which Ryerson subscribes. It is a tool to assist faculty members in determining the similarity between student work and the work of other students who have submitted papers to the site (at any university), internet sources, and a wide range of Page 3 of 5

journals and other publications. While it does not contain all possible sources, it gives faculty some assurance that students’ work is their own. No decisions are made by the service; it simply generates an “originality report”. Faculty must evaluate that report to determine if something is plagiarized. Students who do not want their work submitted to this plagiarism detection service must, by the end of the second week of class, consult with the instructor to make alternate arrangements.

Specific Course Management Policy MISSED TERM WORK OR EXAMINATIONS: Students are expected to complete all assignments, tests, and exams within the time frames and by the dates indicated in this outline. Exemption or deferral of an assignment, term test, or final examination is only permitted for a medical or personal emergency or due to religious observance (request must be received within the first two weeks of the course). The instructor must be notified by e-mail prior to the due date or test/exam date, or as soon as possible after the date, and the appropriate documentation must be submitted.  Medical certificates – If a student is going to miss a deadline for an assignment, a test, or an examination because of illness, he/she must submit a medical certificate (see www.ryerson.ca/senate/forms/medical.pdf for the certificate) AND an Academic Consideration form (see http://www.ryerson.ca/content/dam/senate/forms/academic_consideration_document_sub mission.pdf) within 3 working days of the missed assignment deadline, test or examination. If you are a full-time or part-time degree student, then you submit your medical documentation to your own program school/department. On the other hand, if you are a certificate or non-certificate student, then you submit your documentation to the staff at the front desk of the Chang School. Your instructor can no longer accept your documentation. If you need clarity, contact The Chang School.  Religious observance – If a student needs accommodation because of religious observance, he/she must submit a formal request to the instructor within the first two weeks of the class or for a final examination within 5 working days of the posting of the examination schedule. http://www.ryerson.ca/content/dam/senate/forms/academic_consideration_document_sub mission.pdf)  Students with disabilities – In order to facilitate the academic success and access of students with disabilities, these students should register with the Access Centre http://www.ryerson.ca/studentservices/accesscentre/index.html. Before the first graded work is due, students should also inform their instructor through an “Accommodation Form for Professors” that they are registered with the Access Centre and what accommodations are required. Page 4 of 5

Common Departmental Course Management Policy PLAGIARISM: The Ryerson Student Code of Academic Conduct defines plagiarism and the sanctions against students who plagiarize. All students are strongly encouraged to go to the academic integrity website at www.ryerson.ca/academicintegrity and complete the tutorial on plagiarism. ACADEMIC INTEGRITY: Ryerson University and The Chang School are committed to the principles of academic integrity as outlined in the Student Code of Academic Conduct. Students are strongly encouraged to review the student guide to academic integrity, including penalties for misconduct, on the academic integrity website at www.ryerson.ca/academicintegrity and the Student Code of Academic Conduct at www.ryerson.ca/senate/policies.

Common Departmental Course Management Policy Please see the Department of Economics Student Handbook http://www.economics.ryerson.ca/files/handbook.pdf

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