This course explores the connections between the economy, the environment, and human well-being. Key topics include environmental inequality, globalization and its impact on environmental protection, strategies for building natural assets, deforestation, biodiversity, air pollution, and climate change. For a more in-depth focus on climate policy, refer to the syllabus for “Economy and the Environment 2”, offered later in the semester. Both courses can be completed in the same semester.

After completion of this course, students will be able to analyze environmental challenges through the lens of Political Economy and distributional perspectives. They will gain knowledge of various environmental policy tools and key concepts in environmental economics, including externalities, cost-benefit analysis, and discounting. Students will also learn to critically assess the strengths and limitations of these concepts when addressing different environmental issues. Additionally, they will understand key patterns of economic, social, and environmental inequality both within and between countries, as well as the main causes and effects of these inequalities.

Please note that at least 80% attendance is mandatory in courses of the type “PI” at WU.

The course follows a blended learning format, combining in-class teaching with online learning. During the in-class sessions, students will engage in discussions and group activities. The online, asynchronous component allows students to explore additional materials at their own pace. This includes watching recorded lectures, joining online discussions, and completing assignments. Throughout the course, students will work on a project that they will present at the end of the term, and will receive individual feedback at various stages.

Participation in class and online 20%

Quizzes 20%

Discussion questions 20%

Own project 40%

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