The economics of environmental problems and climate change


Environmental Economics

7.5 credits




This is a general course in environmental economics, examining topics such as environmental externalities and the theory of market failure, the economics of pollution control and sustainable development, the valuation of environmental resources, and the economics of international environmental problems and climate change.

This course is only open for exchange students.

Want to know why you should study at Södertörn University? Find out here.

Tools and knowledge for analysing important societal issues After studying Economics, you can work in both the public and private sectors, for national or international organisations, with issues relating to the economics of society. In the private sector, it is common for economists to work at banks or in companies in the financial sector. However, economists may also work at consultancies or other companies that require socio-economic expertise. In the public sector, you could work at government ministries, public authorities, municipalities or the Swedish Riksbank. Studying Economics gives you important, societally beneficial knowledge. After your studies, you will have the tools and knowledge necessary to analyse important societal issues Studying Economics is not only a strength on the labour market, but it also provides an important general education for understanding our societal economy. Read about research in this subject
Understanding the interplay between the environment and economic growth Environmental economics has helped us to understand the impact of the environment on economic growth, and vice versa. This course will provide you with knowledge and understanding of this subject by examining and discussing topics such as environmental externalities and the theory of market failure, and the economics of pollution control. The latter includes consideration of efficient levels of environmental pollution, taxes, and tradable permits. The course also covers the economics of sustainable development, including the measurement of sustainable development and the effect of economic growth on the environment, as well as the valuation of environmental resources and the economics of international environmental problems and climate change, which includes analytical controversy among environmental economists and global agreements on reducing greenhouse gas emissions. Course design Teaching is conducted through lectures and the course is assessed via a written examination.
How can we manage sparse resources and work towards sustainable economic growth? Economics is important for societal democracy, as the purpose of the subject is to investigate how we manage and distribute sparse resources. The subject therefore has a strong link to most of the UN global goals. Economics has a broad perspective that covers many societal functions, everything from conditions for businesses and employees to those for sustainable development and the role of the financial market in global stability. Economics covers many different areas and has clear links to many current societal problems. Studying the subject provides insight into environmental economics, development economics, financial economics, industrial organisation, labour market economics and various theories of international trade. These areas are strongly associated with current societal problems such as trade wars and globalisation, unemployment and integration, poverty and opportunities for development in low-income countries. If you study Economics, you will gain important societal knowledge that is beneficial on the labour market, as well as tools for analysing important societal problems. At Södertörn University, our aim is to teach the subject using a broad perspective and an unconditional approach.