Environmental Economics - BMEGT42RRR5020-00

The aim of the course is to acquaint students with the theoretical and practical application of environmental economics, sustainability, and the European Union and Hungarian system of environmental regulation policy.

1. The student has knowledge of the basic, comprehensive concepts, theories, facts, national economic and international connections of environmental economics;
2. mastered the basic information collection and analysis methods of environmental economics, knows its characteristic indicators;
3. knows the basics of the environmental protection fields related to his field of expertise;
4. has conceptual knowledge on a wide array of environmental impacts, loads and pressures, and pollutions, including water, air, soil and noise pollution, and is able to qualify and quantify these from a technical aspect, as well as a socio-economic aspect;
5. knows the most significant normative theories of environmental policy intervention: the Pigou theorem and the Coase tradition;
6. knows the types of environmental policy intervention solutions, their advantages and disadvantages. Knows the criteria according to which the appropriate intervention tool can be selected for a given environmental problem;
7. knows the possibilities of government failures in the planning of environmental policy interventions;
8. knows the more frequently used environmental economic analysis methods: natural capital and ecosystem service evaluation procedures, cost-benefit analysis solutions;
9. knows and is able to skilfully employ the following: biodiversity protection and the protection of econsystems, offsetting adverse effects of business operations, and carbon offsetting.
10. knows and is able to skilfully manage the following: waste management, circular economy, product charges, EPR charging.

1. By applying the learned theories and methods, the student is able to evaluate the social welfare and economic consequences of any environmental use problem, to determine the necessary range of facts and data necessary for the evaluation;
2. after evaluating the characteristics of a given, arbitrary environmental use problem, is able to determine possible alternatives for environmental policy interventions suitable for solving the problem, after comparative analysis and evaluation of these alternatives, is able to independently propose the appropriate corporate response or public policy intervention;
3. follows and interprets world economic, international, EU and national economic policy and policy processes, and is able to interpret the effects of changes on the future state of natural resources based on these;
4. able to determine the complex consequences of economic processes and organizational events;
5. can apply techniques for solving environmental problems, problem solving methods, taking into account their application conditions and limitations;
6. able to cooperate with representatives of other fields;
7. is able to formulate specialist, scientific, business and public policy information in a comprehensible way, making it understandable to the wider public.

1. For the sake of quality work, the student demonstrates problem-sensitive, proactive behavior and takes the initiative;
2. receptive to receiving new information, new professional knowledge and methodologies, open to new tasks and responsibilities that require cooperation and independence. Strives to improve your knowledge and working relationships;
3. is open to changes in the broader economic and social environment of the given job, work organization, enterprise, strives to follow and understand the changes;
4. receptive to the opinions of others, to sectoral, regional, national and European values (including social, social and ecological, sustainability aspects).

1. The student assumes responsibility for his analyses, conclusions and decisions;
2. assumes responsibility for compliance with professional, legal and ethical standards and rules related to work and conduct.

Lectures, written and oral communication, use of IT tools and techniques.

• Bartus Gábor – Szalai Ákos: Környezet, jog, gazdaságtan, Pázmány Press, Budapest, 2014 (https://jak.ppke.hu/uploads/collection/205/file/Bartus-Szalai_Kornyezet_Jog_Gazdasagtan_2014_final.pdf)
• Valkó László - Kósi Kálmán: Környezetmenedzsment, Typotex Kiadó, 2008
• Gábor Bartus - Ákos Szalai: Environment, Law, Economics, Pázmány Press, Budapest, 2014 (https://jak.ppke.hu/uploads/collection/205/file/Bartus-Szalai_Kornyezet_Jog_Gazdasagtan_2014_final.pdf)

The assessment of the learning outcomes stated in point 2.2. is based on an online Moodle test.

Checking of learning the lecture slides.

• Moodle test: 100

Active participation in class and/or online consultation with the lecturer. Completing the questionnaire on the course’s Moodle page by the deadline.

The active participation in the contact lectures can be compensated during the semester by watching the recorded lectures afterward.

Consulted with the Faculty Student Representative Committee, approved by the Vice Dean for Education, valid from: 05.05.2024.

Subject includes the topics detailed in the course syllabus to ensure learning outcomes listed under 2.2. can be achieved.