Course: Applied economics and ecosystem services

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Course title Applied economics and ecosystem services
Course code KZP/1AEES
Organizational form of instruction Lecture + Seminary
Level of course Doctoral
Year of study not specified
Semester Winter and summer
Number of ECTS credits 15
Language of instruction English
Status of course Compulsory
Form of instruction Face-to-face
Work placements This is not an internship
Recommended optional programme components None
Lecturer(s)
  • van Koten Silvester, doc. Ph.D.
  • Macháč Jan, Ing. Ph.D.
  • Louda Jiří, Ing. Ph.D.
Course content
Contents: 1. Basic economic theories: utility, demand and supply; 2. Relationship between economics and the environment, basic economic approaches to the environment (neoclassical environmental economics, ecological economics, institutional approaches, market approaches, etc.); 3. Environmental protection policy tools; 4. Ecosystem service concept (regulating, provisional and cultural services), different approaches to their classification and valuation; 5. Innovative and alternative tools (payments for ecosystem services); 6. Valuation of ecosystem services, component methods (willingness to pay/accept compensation, market prices, hedonic pricing, choice experiment, etc.); 7. Application of experiments and games in applied economics in the environmental area (flood management, forestry, etc.); 8. Cost-benefit analysis (CBA); 9. Regulatory impact analysis in the environmental area.

Learning activities and teaching methods
unspecified
Recommended literature
  • CAPISTRANO, D. (Ed.). Ecosystems and human well-being: multiscale assessments: findings of the Sub-global Assessments Working Group of the Millennium Ecosystem Assessment. Washington: Island Press, 2005. ISBN 1-55963-185-6.
  • DE GROOT, R.S. Functions of Nature: Evaluation of Nature in Environmental Planning, Management and Decisionmaking. Wolters-Noordhoff, Groningen, 1992.
  • MACHÁČ, J., DUBOVÁ, L., LOUDA, J., HEKRLE, M., ZAŇKOVÁ, L., BRABEC, J. Methodol-ogy for Economic Assessment of Green and Blue Infrastructure in Human Settlements. Ústí nad Labem: Institute for Economic and Environmental Policy, 2019.
  • PERMAN, R., MA, Y., MCGILVRAY, J., COMMON, M. Natural Resource and Environmental Economics. Pearson ? Addison Wesley, 2003.
  • SLAVÍKOVÁ, L., VEJCHODSKÁ, E., SLAVÍK, J. a kol. Ekonomie životního prostředí ? teorie a politika. Praha: Alfa Nakladatelství, 2012. ISBN 978-80-87197-45-5.


Study plans that include the course
Faculty Study plan (Version) Category of Branch/Specialization Recommended year of study Recommended semester