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◄Faculty of Economics and Administration►
EQD 7006 SUSTAINABLE DEVELOPMENT AND ENVIRONMENTAL MANAGEMENT
Learning Outcomes At the end of this course, students are able to:
(1) Explain the relationship between sustainable
development and the environment.
(2) Assess how sustainable development and
environmental management is affected by economic,
social and political Institutions.
(3) Compare the cost benefit impact of environment in the
environment policy assessment.
(4) Suggest solution to environmental management policies
and programmes.
Synopsis of Course The course begins with an overview of global issues of the
Contents interaction between sustainable development and
economics, social and the environment. It will focus on the
principles and practices of economic development as
viewed from the perspective of sustainability. In this context,
the interdependence between development and
environmental management and conservation will be
explored. It will then proceed to examine the common
underlying causes of environmental degradation, including
market and policy failures. Understanding of various
environmental issues will lay the foundation for
understanding the policy approach to environmental
management and conservation. Efficient and cost-effective
controls for a variety of pollutants will then be defined and
compared with those achieved by the market forces.
Various policy instruments to be discussed include emission
standards, emission charges and transferable emission
permits. The traditional “command-and-control” approach to
pollution control will also be highlighted. The final section is
devoted to discussions on the Cost-Benefit Analysis (CBA)
and Environmental Impact Assessment (EIA) as choice of
instruments for evaluating environmental policies.
Assessment Continuous Assessment : 70%
Final Examination : 30%
Main Reference (1) Tietenberg, T (2014), Environmental, and Natural
Resources Economics, 10 th ed, Prentice Hall, New
Jersey.
(2) Peter P. Rogers, Kazi F. Jalal, John A. Boyd (2012) An
Introduction to Sustainable Development, Routledge.
(3) Barry C. Field and Martha K Field (2013)
Environmental Economics: An Introduction, McGraw-
Hill; 6th Revised edition.
(4) Lesser, Jonathan A., D.E Dodds and R.O Zerbe, Jr.
(1997), Environmental Economics and Policy, Addison-
Wesley Educational Publishers Inc. USA.
(5) Baumol, Williams and Wallace Oates (1988), The
nd
Theory of Environmental Policy, 2 ed, Cambridge,
University Press, New York.
(6) Pearce, D.W. and R. K. Turner (1990), Economics of
Natural Resources and The Environment, Harvest
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