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ECO2020 : Ecological Economics

  • Offered for Year: 2022/23
  • Module Leader(s): Dr Matt Walker
  • Owning School: Newcastle University Business School
  • Teaching Location: Newcastle City Campus
Semester 2 Credit Value: 10
ECTS Credits: 5.0


To introduce the theoretical and conceptual underpinnings of ecological 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

Topics to be introduced at an introductory level include: market failure, environmental policy instruments and efficiency considerations, limits to growth and nature as an asset, payments for ecosystem services and inter-generational well-being, global environmental problems (climate change, biodiversity loss, rural-urban conflicts).

Teaching Methods

Teaching Activities
Category Activity Number Length Student Hours Comment
Scheduled Learning And Teaching ActivitiesLecture72:0014:00PiP lectures
Guided Independent StudyAssessment preparation and completion130:0030:00N/A
Guided Independent StudyDirected research and reading133:0033:00N/A
Scheduled Learning And Teaching ActivitiesSmall group teaching31:003:00Pip seminars
Scheduled Learning And Teaching ActivitiesDrop-in/surgery11:001:00Pre-assessment clinic
Guided Independent StudyIndependent study119:0019:00N/A
Teaching Rationale And Relationship

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

Seminars will be student-led and discuss the application of these concepts to a current policy issue based on a pre-assigned set of problems.

Assessment Methods

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

Other Assessment
Description Semester When Set Percentage Comment
Essay2A1001,800 word academic report on an ecological economics policy proposal.
Formative Assessments
Description Semester When Set Comment
Written exercise2MIn-class feedback on seminar problem sets. In-class feedback on plan for summative assessment 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.

Reading Lists