Environmental Evaluation and Risk Management - BMEGT42A022

The aim of the course is to provide knowledge to students about the theoretical background, methods as well as Hungarian and international experiences of environmental valuation and the theoretical background, main fields and measures of environmental risk management.

1. Knows the concept of Total Economic Value, the methods that are able to calculate it.
2. Knows the concept of weak and strong sustainability and their relationship with monetary environmental valuation.

1. to use the technical terms of environmental valuation correctly in Hungarian and English language.
2. to realise the necessity of a multidisciplinary approach in environmental valuation and risk management and able to apply it as a routine.
3. to realise the economic and social context of environmental risk, its embeddedness.
4. Has the necessary background knowledge in the field of environmental valuation for expert work and decision-making.

1. Knowing the necessity of a multidisciplinary approach of environmental valuation and risk management, is open to cooperate with economic experts.
2. Knowing the continuous development of environmental valuation tries to follow the changes.
3. Knowing the most important elements of critics of environmental valuation methods and the limitations, is open to criticism.

1. Knowing the social context of environmental risk management, takes responsibility for his expert decisions.
2. Knowing the involvement of other sciences in case of environmental valuation and risk management, is able to cooperate with economic and legal professionals.

Presentations about the theoretical curriculum, case studies to demonstrte the application of methods. Student presentation (optional) about a valuation or risk management case.

• 1. Dr. Szlávik János (szerk.): Környezetgazdaságtan. 3. fejezet. (Csigéné Nagypál Noémi) Budapesti Műszaki és Gazdaságtudományi Egyetem. Typotex Kiadó, Budapest, 2007.
• 2. Marjainé Dr. Szerényi Zsuzsanna (szerk.): A természetvédelemben alkalmazható közgazdasági értékelési módszerek. Környezetvédelmi és Vízügyi Minisztérium, Budapest, 2005.
• 3. Guidelines for Environmental Risk Assessmentand Management. Green Leaves III
• https://www.gov.uk/government/publications/guidelines-for-environmental-risk-assessment-and-management-green-leaves-iii
• Ajánlott folyóiratok/recommended journals:
• a. Ecological Economics
• b. Land Economics
• c. Journal of Agricultural Resource Economics
• d. Journal of Environmental Economics and Management
• e. Journal of Environmental Planning and Management

The assessment of the learning outcomes formulated in point 2.2. is based on 2 mid-term written performance measurements, (or one mid-term + a student presentation) or a written exam.

1. summative performance assessment: a complex, written way of evaluating the competence-type competence elements of the subject and knowledge in the form of mid-term exams. The part of the learning materials on which the evaluation is based refers to the topics covered in the previous lectures, the available working time is 45 minutes.

• 1st summative performance assessment: 50
• 2nd summative performance assessment : 50
• total: 100

• Written: 100

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The summative performance assessments can be retaken or corrected individually free of charge during the repeat period. In case of correction, the more favourable result for the student is taken into account.

In order to achieve the learning outcomes set out in point 2.2, the subject consists of the following thematic blocks. In the syllabi of the courses announced in each semester, these topics are scheduled according to the calendar and other features.