Environmental and Forest Surveying and Economics
A.Y. 2020/2021
Learning objectives
The aim of the course is to provide:
- basic knowledge related to the judgement of value pertaining the rural world, both with reference to public and private activities
- the tools for the economic evaluation of assets and entrepreneurial choices
- the basis for the study of the microeconomics of the environment and the macroeconomics of the environment
- the elements for understanding the functioning and for evaluating the efficiency of economic policy instruments for the regulation of environmental quality (taxes, emission trading, subsidies).
- a vision on the institutional framework of the EU Rural Development Policies (RDP) and on the implementation of the main RDP schemes to support agriculture multifunctionality and rural sustainability
- basic knowledge related to the judgement of value pertaining the rural world, both with reference to public and private activities
- the tools for the economic evaluation of assets and entrepreneurial choices
- the basis for the study of the microeconomics of the environment and the macroeconomics of the environment
- the elements for understanding the functioning and for evaluating the efficiency of economic policy instruments for the regulation of environmental quality (taxes, emission trading, subsidies).
- a vision on the institutional framework of the EU Rural Development Policies (RDP) and on the implementation of the main RDP schemes to support agriculture multifunctionality and rural sustainability
Expected learning outcomes
The skills acquired will make the student able to:
- estimate and to conduct market valuation related to rural activity, both with reference to private and public goods
- Interpret the main economic dynamics underlying environmental phenomena
- to choose and adopt public support instruments tailored for the specific needs of entrepreneurs in the mountain rural areas
- estimate and to conduct market valuation related to rural activity, both with reference to private and public goods
- Interpret the main economic dynamics underlying environmental phenomena
- to choose and adopt public support instruments tailored for the specific needs of entrepreneurs in the mountain rural areas
Lesson period: First semester
Assessment methods: Esame
Assessment result: voto verbalizzato in trentesimi
Single course
This course cannot be attended as a single course. Please check our list of single courses to find the ones available for enrolment.
Course syllabus and organization
Single session
Responsible
Lesson period
First semester
The lessons will be held on the Microsoft Teams/Zoom platform and will mainly be conducted synchronously, following the timetable of the first semester.
The exam will be conducted orally using the Microsoft Teams / Zoom platform.
The materials will be placed on the teachers' Ariel sites.
Communications will be managed through the teachers' Ariel sites and AppLezioniUnimi
The exam will be conducted orally using the Microsoft Teams / Zoom platform.
The materials will be placed on the teachers' Ariel sites.
Communications will be managed through the teachers' Ariel sites and AppLezioniUnimi
Course syllabus
Environmental Economics and Policy
1) Introduction to environmental economics; Environmental economics history; Natural resources in classical and neoclassical economics; Environmental economics, natural resources economics and ecological economics
2) Environment-economy interactions; Economic growth and environmental sustainability; Sustainable development
3)Environmental microeconomics; Market failure; Private and public goods; Externalities; The socially optimal level of pollution; Pollution regulation: Incentive vs command-and-control mechanism; The socially optimal level of pollution and taxation; The polluter-pays principle; The pigouvian tax; The costs of pollution reduction; Pollution taxes effects on consumers; Economical implications of command-and-control approach; Taxes vs standards in the presence of information asymmetry; Environmental subsidies; Deposit-refund systems; Tradable emission permits; The Kyoto Protocol and EU emission trading system
4) Renewable natural resources economics
5)Agriculture multifunctionality; Multifunctionality: theoretical background; Joint production and externalities linked to agricultural production; The multiple functions of agriculture and ecosytem services; Multifunctionality: policy implications
6) The Common Agricultural Policy; The green architecture of the CAP; The CAP greening process CAP cross-compliance; The Rural Development Policy; The agro-environmental measures; Perspectives for the CAP after 2020. Detailed analysis of the main schemes of Lombardy Region Rural Development Programme.
Environmental economic appraisal
Capital, interest, rate. Simple interest, compound interest. Transfer of values over time.
Characteristic's and aims of appraisals. The value. Economical aspects (market value, cost value, capitalization value, complementary value, transformation/stumpage value, subrogation value). Estimation procedures.
Conceptual foundation for the economic valuation of public goods. The total economic value (use and non-use). Monetary and non-monetary assessments;
Procedures for the assessment of plans and projects, nature and object of valuation. Economic evaluation of public and private projects, cost benefit analysis. Outline on monetary methods for estimating the total economic value: (travel costs, hedonic prices, contingent valuation, choice experiments, benefit transfer). The social discount rate. Financial evaluation of investment convenience.
Methods for the evaluation of private investments: cash flows analysis, indexes analysis (net present value, internal rate of return)
1) Introduction to environmental economics; Environmental economics history; Natural resources in classical and neoclassical economics; Environmental economics, natural resources economics and ecological economics
2) Environment-economy interactions; Economic growth and environmental sustainability; Sustainable development
3)Environmental microeconomics; Market failure; Private and public goods; Externalities; The socially optimal level of pollution; Pollution regulation: Incentive vs command-and-control mechanism; The socially optimal level of pollution and taxation; The polluter-pays principle; The pigouvian tax; The costs of pollution reduction; Pollution taxes effects on consumers; Economical implications of command-and-control approach; Taxes vs standards in the presence of information asymmetry; Environmental subsidies; Deposit-refund systems; Tradable emission permits; The Kyoto Protocol and EU emission trading system
4) Renewable natural resources economics
5)Agriculture multifunctionality; Multifunctionality: theoretical background; Joint production and externalities linked to agricultural production; The multiple functions of agriculture and ecosytem services; Multifunctionality: policy implications
6) The Common Agricultural Policy; The green architecture of the CAP; The CAP greening process CAP cross-compliance; The Rural Development Policy; The agro-environmental measures; Perspectives for the CAP after 2020. Detailed analysis of the main schemes of Lombardy Region Rural Development Programme.
Environmental economic appraisal
Capital, interest, rate. Simple interest, compound interest. Transfer of values over time.
Characteristic's and aims of appraisals. The value. Economical aspects (market value, cost value, capitalization value, complementary value, transformation/stumpage value, subrogation value). Estimation procedures.
Conceptual foundation for the economic valuation of public goods. The total economic value (use and non-use). Monetary and non-monetary assessments;
Procedures for the assessment of plans and projects, nature and object of valuation. Economic evaluation of public and private projects, cost benefit analysis. Outline on monetary methods for estimating the total economic value: (travel costs, hedonic prices, contingent valuation, choice experiments, benefit transfer). The social discount rate. Financial evaluation of investment convenience.
Methods for the evaluation of private investments: cash flows analysis, indexes analysis (net present value, internal rate of return)
Prerequisites for admission
Principles of microeconomics are required.
Teaching methods
Frontal lessons and classwork
Teaching Resources
Environmental Economics and Policy
1) Slides provided by teacher
2)D.W. Pearce, R.K. Turner, Economia delle risorse naturali e dell'ambiente, il Mulino Chapters: 1,2,4,5,6,7,8,16(paragrafi da 1 a 5) (out of sale).
Alternatively, Turner R.K., Pearce D.W., Bateman I., Economia ambientale, Il Mulino Chapters 1,2,4,5.
To deepen: T. Tietenberg, Economia dell'ambiente; McGraw-Hill
Environmental economic appraisal
Malagoli C., Bertoldo M., Estimo territoriale e ambientale. Aspetti di carattere generale. Aracne ed.
Polelli M., Trattato di Estimo. Maggioli ed.
Michieli I., Trattato di Estimo. Edagricole ed.
ANPA, Il danno ambientale ex art. 18 L. 349/86 available at http://www.isprambiente.gov.it/
APAT, Il risarcimento del danno ambientale: Aspetti teorici e operativi della valutazione economica. available at http://www.isprambiente.gov.it/
1) Slides provided by teacher
2)D.W. Pearce, R.K. Turner, Economia delle risorse naturali e dell'ambiente, il Mulino Chapters: 1,2,4,5,6,7,8,16(paragrafi da 1 a 5) (out of sale).
Alternatively, Turner R.K., Pearce D.W., Bateman I., Economia ambientale, Il Mulino Chapters 1,2,4,5.
To deepen: T. Tietenberg, Economia dell'ambiente; McGraw-Hill
Environmental economic appraisal
Malagoli C., Bertoldo M., Estimo territoriale e ambientale. Aspetti di carattere generale. Aracne ed.
Polelli M., Trattato di Estimo. Maggioli ed.
Michieli I., Trattato di Estimo. Edagricole ed.
ANPA, Il danno ambientale ex art. 18 L. 349/86 available at http://www.isprambiente.gov.it/
APAT, Il risarcimento del danno ambientale: Aspetti teorici e operativi della valutazione economica. available at http://www.isprambiente.gov.it/
Assessment methods and Criteria
The exam consists in a written test divided in two sections (environmental economics and environmental economic appraisal).
The test is based on open and multiple choice questions. Moreover, for the environmental appraisal section some exercises are included.
Test evaluation is based on the correctness of responses.
The final score is expressed as n/30.
Results are published on the Ariel site of teachers
The test is based on open and multiple choice questions. Moreover, for the environmental appraisal section some exercises are included.
Test evaluation is based on the correctness of responses.
The final score is expressed as n/30.
Results are published on the Ariel site of teachers
Unit 1
AGR/01 - AGRICULTURAL ECONOMICS AND RURAL APPRAISAL - University credits: 4
Practicals: 16 hours
Lessons: 24 hours
Lessons: 24 hours
Professor:
Peri Massimo
Unit 2
AGR/01 - AGRICULTURAL ECONOMICS AND RURAL APPRAISAL - University credits: 4
Practicals: 16 hours
Lessons: 24 hours
Lessons: 24 hours
Professor:
Bertoni Danilo
Professor(s)
Reception:
Contact the teacher by email to arrange an appointment
Department of Environmental Science and Policy (third floor, via Celoria 2)
Reception:
the teacher receives by appointment
ESP (sede di via Celoria,2 - first floor)