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AEA510Agricultural Sciences3 Unitsintermediate

Environmental Economics

This course introduces students to the fundamental principles of environmental economics, exploring the intricate relationship between economic activities and the environment. It covers essential concepts such as ecosystems, natural resources, and environmental pollution. Students will learn about resource management, sustainability, and the economic implications of environmental policies. The course also addresses agricultural production's impact on the environment, equipping students with the knowledge to promote economic growth while minimizing environmental damage and fostering ecological balance.

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156h
Study Time
13
Weeks
12h
Per Week
basic
Math Level
Course Keywords
Environmental EconomicsSustainabilityResource ManagementEcosystemsAgricultural Production

Course Overview

Everything you need to know about this course

Course Difficulty

Intermediate Level
Builds on foundational knowledge
65%
intermediate
➕
Math Level
Basic Math
📖
Learning Type
Theoretical Focus

Course Topics

Key areas covered in this course

1

Basic Concepts of Environmental Economics

2

Scope and Concept of Environmental Economics

3

Agricultural Production and the Environment

4

Land, Water and Forest Resource Management

5

Economics of Irrigation and Water Use

6

Measurement of Environmental Degradation

7

Cost-Benefit Analysis of Environmental Conservation

Total Topics7 topics

Ready to Start

No specific requirements needed

This course is designed to be accessible to all students. You can start immediately without any prior knowledge or specific preparation.

Assessment Methods

How your progress will be evaluated (3 methods)

assignments

Comprehensive evaluation of course material understanding

Written Assessment

tutor-marked assignments

Comprehensive evaluation of course material understanding

Written Assessment

final examination

Comprehensive evaluation of course material understanding

Written Assessment

Career Opportunities

Explore the career paths this course opens up for you

Environmental Economist

Apply your skills in this growing field

Agricultural Economist

Apply your skills in this growing field

Resource Manager

Apply your skills in this growing field

Policy Analyst

Apply your skills in this growing field

Sustainability Consultant

Apply your skills in this growing field

Industry Applications

Real-world sectors where you can apply your knowledge

AgricultureEnvironmental ManagementGovernmentConsultingResource Extraction

Study Schedule Beta

A structured 13-week journey through the course content

Week
1

Module 1: Basic Concepts of Environmental Economics

2h

Unit 1: Basic Concepts

2 study hours
  • •Define natural resources and classify them into renewable and non-renewable types.
  • •Explain the concepts of ecology, industrial ecology, and environmental pollution.
  • •Discuss the components and functions of an ecosystem.
Week
2

Module 1: Basic Concepts of Environmental Economics

2h

Unit 2: Ecosystems

2 study hours
  • •Explain the meaning and types of ecosystems (aquatic and terrestrial).
  • •Identify the ecological goods and services provided by ecosystems.
  • •Analyze the impact of human activities on ecosystem functioning.
Week
3

Module 2: Scope and Concept of Environmental Economics

2h

Unit 1: Meaning and Components of Environment

2 study hours
  • •Define the environment and discuss its components.
  • •Identify present environmental challenges such as resource depletion and climate change.
  • •Explain the biotic and abiotic components of an ecosystem.
Week
4

Module 2: Scope and Concept of Environmental Economics

2h

Unit 2: Meaning and importance of Environmental Economics

2 study hours
  • •Explain the meaning and importance of environmental economics.
  • •Discuss the relationship between environmental economics and other fields like ecological economics.
  • •Apply the laws of thermodynamics to environmental economics.
Week
5

Module 2: Scope and Concept of Environmental Economics

2h

Unit 3: Nature of Environmental Economics

2 study hours
  • •Differentiate between positive and normative economics.
  • •Explain the micro and macro aspects of environmental economics.
  • •Discuss environmental pollution as an economic problem.
Week
6

Module 2: Scope and Concept of Environmental Economics

2h

Unit 4: Scope of Environmental Economics

2 study hours
  • •Identify and describe the scope of environmental economics.
  • •Discuss economy-environment analysis and eco-development.
  • •Explain the welfare approach and the importance of clean technology.
Week
7

Module 3: Agricultural Production and the Environment for Sustainable Agricultural Production

2h

Unit 1: Theory of production

2 study hours
  • •Define production and discuss the types of agricultural resources.
  • •Explain the concepts of utility, scarcity, and potential for depletion.
  • •Analyze the role of land, labor, and capital in agricultural production.
Week
8

Module 3: Agricultural Production and the Environment for Sustainable Agricultural Production

2h

Unit 2: Agricultural production decision and theory of production function

2 study hours
  • •Explain agricultural production decisions and the theory of production function.
  • •Describe factor-product, factor-factor, and product-product relationships.
  • •Discuss the stages of production and the assumptions of production function.
Week
9

Module 3: Agricultural Production and the Environment for Sustainable Agricultural Production

2h

Unit 3: Resource productivity and efficiency

2 study hours
  • •Explain the concept of agricultural resource productivity.
  • •Define efficiency and discuss its types, including technical and allocative efficiency.
  • •Analyze the importance of efficiency in agricultural production.
Week
10

Module 4: Land, Water and Forest Resource Management for Sustainable Agricultural Production

2h

Unit 1: Land Resources and sustainable Management

2 study hours
  • •Explain the meaning and characteristics of land.
  • •Discuss agricultural land policy objectives and strategies.
  • •Analyze the uses of land and factors affecting land availability and use.
Week
11

Module 4: Land, Water and Forest Resource Management for Sustainable Agricultural Production

2h

Unit 2: Forest Resources

2 study hours
  • •Define forest and explain its role in economic development.
  • •Discuss deforestation and its consequences.
  • •Evaluate the constraints to forest development and conservation strategies.
Week
12

Module 4: Land, Water and Forest Resource Management for Sustainable Agricultural Production

4h

Unit 3: Water Resources

2 study hours
  • •Explain the importance and physical properties of water.
  • •Discuss the sources of water use in agriculture.
  • •Analyze water resource planning and sustainable water management strategies.

Unit 4: Conservation and Management of Natural Resources

2 study hours
  • •Explain the meaning and objectives of conservation.
  • •Discuss energy and mineral conservation.
  • •Analyze the conservation of renewable resources, fish, and biodiversity.
Week
13

Module 5: Economics of Irrigation and Water Use in Agriculture, Measurement of Environmental Degradation and Cost- Benefit Analysis of Environmental Conservation

4h

Unit 1: Economics of irrigation and water use in agriculture

2 study hours
  • •Discuss the need for irrigation and its importance.
  • •Explain the sources of irrigation.
  • •Review the economics of irrigation and water use in agriculture.

Unit 2: Measurement of environmental degradation

2 study hours
  • •Explain the meaning and causes of environmental degradation.
  • •Discuss the types and effects of environmental degradation.
  • •Analyze the measurement of environmental degradation.

This study schedule is in beta and may not be accurate. Please use it as a guide and consult the course outline for the most accurate information.

Course PDF Material

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Study Tips & Exam Preparation

Expert tips to help you succeed in this course

1

Create detailed summaries of each unit, focusing on key definitions and concepts.

2

Practice applying cost-benefit analysis techniques to real-world environmental projects.

3

Review the different types of environmental degradation and their causes.

4

Focus on understanding the relationships between economic activities and environmental impacts.

5

Create concept maps linking Units 3-5 agricultural concepts to environmental sustainability.

6

Practice applying the laws of thermodynamics to economic processes from Units 7-9 weekly.

7

Review all TMAs and ensure you understand the solutions and underlying principles.

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