Module Catalogue 2024/25

ECO2020 : Ecological Economics and Environmental Policy

ECO2020 : Ecological Economics and Environmental Policy

  • Offered for Year: 2024/25
  • Module Leader(s): Dr Matt Walker
  • Owning School: Newcastle University Business School
  • Teaching Location: Newcastle City Campus
Semesters

Your programme is made up of credits, the total differs on programme to programme.

Semester 2 Credit Value: 10
ECTS Credits: 5.0
European Credit Transfer System
Pre-requisite

Modules you must have done previously to study this module

Code Title
ECO1100Economic Analysis
Pre Requisite Comment

N/A

Co-Requisite

Modules you need to take at the same time

Co Requisite Comment

N/A

Aims

To introduce the theoretical and conceptual underpinnings of ecological and environmental economics and approaches to the economic analysis of environmental issues. Students will examine the economics of the biosphere, considering alternative schools of thought in which activity is either external or embedded in nature, with application to policymaking.

Outline Of Syllabus

An indicative list of topics that will be covered on this module is as follows: nature as an asset; market failure; common-pool resources; intertemporal fairness; limits to growth; sustainable development; environmental policy instruments (e.g., regulation, carbon pricing); optimal policy design; and global environmental problems (e.g., climate change and biodiversity loss).

Learning Outcomes

Intended Knowledge Outcomes

Knowledge and understanding of key concepts and methods in environmental and ecological economics.

Appreciation of the limitations and differences in approaches to the economic analysis of environmental issues.

Understanding of sustainable development and efficient resource allocation from a whole systems perspective.

Intended Skill Outcomes

Apply key economic concepts to current environmental policy issues.

Ability to critically assess the relationship between the economy, the environment and policy.

Broaden analytical skills in synthesising academic journal articles.

Further develop skills in written communication, numeracy.

Further develop skills in planning and organising, initiative and adaptability.

Teaching Methods

Teaching Activities
Category Activity Number Length Student Hours Comment
Scheduled Learning And Teaching ActivitiesLecture141:0014:00PiP lectures
Guided Independent StudyAssessment preparation and completion116:0016:00N/A
Guided Independent StudyDirected research and reading133:0033:00N/A
Scheduled Learning And Teaching ActivitiesSmall group teaching41:004:00Pip seminars. Seminars will be interactive and will allow students to apply their knowledge to discuss key concepts covered in the lectures and to analyze an environmental policy case study which will be examined in the assessment.
Scheduled Learning And Teaching ActivitiesDrop-in/surgery11:001:00Pre-assessment clinic. Students are encouraged to discuss ideas and ask questions around the assessment.
Guided Independent StudyIndependent study132:0032:00N/A
Total100:00
Teaching Rationale And Relationship

Lectures will provide a critical overview of key theoretical concepts and empirical evidence.

Seminars will be student-led and interactive to gain a deeper understanding of the methodological debates involved and the application of policy instruments.

Reading Lists

Assessment Methods

The format of resits will be determined by the Board of Examiners

Other Assessment
Description Semester When Set Percentage Comment
Written exercise2A1002,000 word take-home written exercise. Part A will be based on conceptual and theoretical underpinnings. Part B will be based on policy applications. Part C (10% of the overall mark) will be linked to seminar work.
Formative Assessments

Formative Assessment is an assessment which develops your skills in being assessed, allows for you to receive feedback, and prepares you for being assessed. However, it does not count to your final mark.

Description Semester When Set Comment
Written exercise2MIn-class feedback during seminar activities. Written feedback on seminar group work. In-class feedback during pre-assessment clinic.
Assessment Rationale And Relationship

The written exercise is designed to encourage independent study on a particular interaction between the economy and environment and enable application of theoretical concepts to practice. An environmental case study evaluated in one of the seminars will link directly into part of the assessment.

Timetable

Past Exam Papers

General Notes

N/A

Welcome to Newcastle University Module Catalogue

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Disclaimer

The information contained within the Module Catalogue relates to the 2024 academic year.

In accordance with University Terms and Conditions, the University makes all reasonable efforts to deliver the modules as described.

Modules may be amended on an annual basis to take account of changing staff expertise, developments in the discipline, the requirements of external bodies and partners, and student feedback. Module information for the 2025/26 entry will be published here in early-April 2025. Queries about information in the Module Catalogue should in the first instance be addressed to your School Office.