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2019/20 Undergraduate Module Catalogue

SOEE3750 Sustainability Economics in Practice

10 creditsClass Size: 40

Module manager: Dr Julia Martin-Ortega
Email: J.Martin-Ortega@leeds.ac.uk

Taught: Semester 1 (Sep to Jan) View Timetable

Year running 2019/20

Pre-requisite qualifications

Good understanding of economic theories.
Familiarity with the use of Excel.

Pre-requisites

SOEE2610Economics and Sustainability

This module is not approved as a discovery module

Module summary

Good understanding and usage of economic tools and principles is key for addressing pressing challenges affecting complex socio-ecological systems. In this module, students will have the opportunity to put into practice the environmental and ecological economics principles and theories learned in SOEE2610, to address real life sustainability problems (relating to, for example, natural resources planning and management, climate change international negotiations, economic development etc.).

Objectives

The key objective of the module is to allow students to develop significant analytical skills in understanding interactions between socioeconomic activities and environmental consequences. This module will enable the students to develop understanding and operate a number of analytical economic tools to support policy decision making processes from both macro- and micro- levels.

Learning outcomes
On completion of this module students will be able to understand some new or further environmental and ecological theories and principles (e.g. environmental consequences of economic growth, measures of well-being, welfare economics and behaviour economics) and utilise key analytical tools (e.g. environmental cost-benefit analysis, experimental games, metrics of well-being) to demonstrate how those theories are presented in the interaction processes between economy and environment.

Skills outcomes
The module builds upon SOEE2610 but extends further understanding in environmental and ecological theories. The module also makes strong emphasis on practice analysing, synthesising and summarising information critically, including prior research and applying knowledge and understanding to address familiar and unfamiliar problems. The module will teach the utilisation of environmental and ecological economic tools in analysing interactions between economy and environment, placing strong emphasis on solving numerical problems using computer based techniques. The module places moderate emphasis on collecting and integrating several lines of evidence to formulate and test hypotheses; planning, conducting and reporting on investigations, including the use of secondary data; preparing, processing, interpreting and presenting data, and using appropriate quantitative techniques.


Syllabus

1. Economic growth and the environment
2. Gross Domestic Product and alternative indicators of well-being at the macro-economic level
3. Critical introduction to welfare economics and cost-benefit analysis
4. Introduction of behavioural economics and game theory applications

Teaching methods

Delivery typeNumberLength hoursStudent hours
Lecture101.5015.00
Practical82.0016.00
Private study hours69.00
Total Contact hours31.00
Total hours (100hr per 10 credits)100.00

Private study

Private study will consist of the following:
Background reading after lectures (2hr per lecture)
Preparation for practical sessions (8hr - 1 hr per session)
Research and writing assignments

Opportunities for Formative Feedback

Students will have the opportunity to practice the operation and interpretation of economic principles and analytical tools through peer-marked in-class exercises.

Methods of assessment


Coursework
Assessment typeNotes% of formal assessment
EssayEssay - 2,500 words80.00
PresentationIn-class group presentation20.00
Self/Peer AssessmentFormative Peer marked in-class exercise0.00
Total percentage (Assessment Coursework)100.00

Re-sits are in the form of a 2,500 essay based on a tool of choice of the student but different to the tool chosen in the first attempt.

Reading list

The reading list is available from the Library website

Last updated: 30/04/2019

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