2023-2024 / ECON0945-1

Economy, energy and environment

Duration

24h Th, 5h Pr

Number of credits

 Master in environmental science and management (120 ECTS)2 crédits 
 Master in environmental science and management (120 ECTS) (Renewable energy and sustainable buildings - Joint-degree programme with the University of Luxembourg)2 crédits 
 Advanced Master in the Water-Energy-Food Nexus2 crédits 

Lecturer

Nadia de Zotti, Henry-Jean Gathon, Axel Gautier

Coordinator

Axel Gautier

Language(s) of instruction

French language

Organisation and examination

Teaching in the first semester, review in January

Schedule

Schedule online

Units courses prerequisite and corequisite

Prerequisite or corequisite units are presented within each program

Learning unit contents

This course is conducted collegially by 3 teaching staff from the economics department. It consists of 4 parts each lasting four to seven hours, and each with a different theme:

- market instruments and environmental fiscality (B. JURION): this part of the course highlights the "tools" used by politicians to persuade households and companies to adopt behaviour which is more appropriate for the protection of the environment. The advantages of market instruments (taxes, grants, delivery of negotiable permits) in terms of other policies such as the decision to impose direct constraints will be demonstrated. The decision to adopt environmental fiscality (eco-taxes, carbon taxes, ...) will be discussed and the reasons for delivering negotiable permits with the objective of minimising the costs of reducing polluting emissions will be explained.

- the economy of natural resources (A. GAUTIER): this part of the course focusses on price setting, stock management, exhaustion of resources, extinction of species and sustainable development. The economic problems linked to natural renewable resources (fish, forests) and non-renewable resources (oil, minerals) will be discussed.

- energy policy (A. GAUTIER): this part of the course will address the problem of cenergy markets, with a particular focus on electricity markets.   The course will cover two problems: (1) the liberalisation of the market and its consequences and (2) the developpement of renewables and the change in the energy mix.


- transport and the environment (H.J. GATHON): this part of the course focusses,from the economic science point of view, on the links between transport and the environment. More specifically, the explanatory factors of demand and the characteristics of the offer of transport will be briefly analysed. This will be followed by a few action plans in the sector with a view to achieving the best allocation possible of resources and the guarantee of sustainable growth.

Learning outcomes of the learning unit

The student must be able to: - explain, through a few significant themes, the contribution which economic science has made to the study of environmental questions and environmental policies; - understand the close links between economic development and the establishment of policies for protecting the environment, thus contributing to creating sustainable development; - evaluate, in a critical perspective, the policies aimed to protect environment.

Prerequisite knowledge and skills

Planned learning activities and teaching methods

Four lectures, of 4 to 7 hours each, on the themes given above. There are no practical work sessions related to this course.

Mode of delivery (face to face, distance learning, hybrid learning)

Face-to-face. The course is organized in the first term.    

Recommended or required readings

Each teacher will provide students with a document summarising the content of their presentation.    

Exam(s) in session

Any session

- In-person

written exam ( open-ended questions )


Additional information:

A written exam is organized during the 1st and 2nd terms. Each teacher will set questions relating to the subject matter they have taught. Each part is worth five points.



If they fail (<10) in the first session, students should only retake in the second session the parts of the exam they failed (<2.5).

Work placement(s)

Organisational remarks and main changes to the course

Contacts

Professeur Axel GAUTIER Bât. B31, Local 1/43 - Tel.: 04/366.30.53, e-mail:  agautier@ulg.ac.be

Association of one or more MOOCs