IUE475 Environmental Economics

Code IUE475
Name Environmental Economics
Status Compulsory/Courses of Limited Choice
Level and type Post-graduate Studies, Academic
Field of study Economics
Academic staff Ludmila Vasiļjeva
Credit points 4.0 (6.0 ECTS)
Parts 1
Annotation The concept of environmental economics. The role of environment in business. The classification of economic environmental problems. The role of energy economics in the national economy. The essence of environmental management economics. Calculation of fire security effectiveness. Communication products description and volume in telecommunications economics. The concept of insurance, regulation. Fundamentals of logistics for establishing costs of stock and order volumes. Selection of the transportation mode..
Goals and objectives
of the course in terms
of competences and skills
Environmental economics is a subject which offers the concept of the business environment and economic system. It is intended to help students understand effective decision-making in the use of natural resources and select their future specialization. The course implementation tasks: • understand the environment as an economic system; • be able to use the economic theory, models, methodology in assessing the alternatives of economic consequences; • apply knowledge of the economic environment; • develop students’ market economics problem solving skills in industrial and power businesses, fire protection, telecommunication systems, insurance and logistics.
Learning outcomes
and assessment
Able to comprehend the environment as an economic system. - Situation assessment method.
Able to use the economic theory, models, methodology of alternative options assessment. - 15-17 task solution methods.
Able to apply the knowledge of economic environment in entrepreneurship. - Application of analytical methods.
Able to apply market economics task-solving skills in industrial and power businesses, utilization of nature resources, fire protection, e-telecommunication systems, insurance and logistics. - Situation assessment method. Final test- exam evaluated according to the 10-grade system.
Course prerequisites Economics.

[Extended course information PDF]