Economics of ecosystems services
| Title | Οικονομική των υπηρεσιών του οικοσυστήματος / Economics of ecosystems services |
| Code | Μ6-ΦΠ |
| Faculty | Agriculture, Forestry and Natural Environment |
| School | Forestry and Natural Environment |
| Cycle / Level | 2nd / Postgraduate |
| Teaching Period | Winter |
| Common | Yes |
| Status | Active |
| Course ID | 600015548 |
| Academic Year | 2021 – 2022 |
| Class Period | Winter |
| Faculty Instructors | |
| Instructors from Other Categories | |
| Class ID | 600202679
|
Mode of Delivery
- Face to face
Digital Course Content
- e-Study Guide https://qa.auth.gr/en/class/1/600202679
- At the Website of the School: https://mscnaturalresources.for.auth.gr/οικονομικη-των-υπηρεσιων-του-οικοσυσ/?preview_nonce=406df790e2
Language of Instruction
- Greek (Instruction, Examination)
Learning Outcomes
Upon successful completion of the course the student will be able to:
• Understand the services and goods produced by forest ecosystems
• Separate the way in which natural resource economics and environmental economics treat these services
• Develop the ability to clarify payments for ecosystem services
• Valuate in financial terms tangible and intangible goods from the services of forest ecosystems,
• Easily use the appropriate statistical and econometric methods and the corresponding software to model these services
• Create projects that will concern the industry and other productive bodies for the exploitation of ecosystem services as a means for environmental protection but also for value creation in the economic unit.
• Acquire the ability to create a strategic model of the economic unit for the sustainable management of resources and tackling climate change through forest products, green energy and green construction.
• Gain the opportunity to be informed about international developments, trends and perspectives regarding the implemented international policies regarding payments for ecosystem services
• Understand the concept of discounting and costing of ecosystem service payments
• Contribute to the optimal allocation of financial resources for better environmental management of organizations and companies.
• Develop a collaborative spirit and culture.
The Level of Aimed Learning Outcomes is 7.
General Competences
- Work autonomously
- Work in teams
- Design and manage projects
Course Content (Syllabus)
i. Concept and basic distinction of ecosystem services
ii. Economics, economics of natural resources, economics of the environment, economics of forest ecosystems
iii. Production process and services of the forest ecosystem
iv. Economic values from the services of the forest ecosystem
v. Payments for ecosystem services
vi. European and international strategy for ecosystem and biodiversity economics
vii. Ecosystem services markets and the contribution of forest services and goods to tackling climate change
viii. Climate change economics, carbon offsets and biodiversity offsets
ix. Supply and demand for ecosystem services
x. Discount, Costing and Pricing of ecosystem services
xi. Total economic value of forest ecosystems
xii. Methods of economic valuation of forest ecosystem services
xiii. Statistical Methods of modeling services
xiv. Econometric methods of modeling services
xv. Modeling software - case studies
Educational Material Types
- Slide presentations
Use of Information and Communication Technologies
Use of ICT
- Use of ICT in Course Teaching
- Use of ICT in Communication with Students
Description
Specialized Economic Valuation Software
Use of presentation software
Learning process support through the electronic e-learning platform
Course Organization
| Activities | Workload | ECTS | Individual | Teamwork | Erasmus |
|---|---|---|---|---|---|
| Lectures | 40 | ||||
| Laboratory Work | 10 | ||||
| Reading Assigment | 20 | ||||
| Tutorial | 30 | ||||
| Written assigments | 50 | ||||
| Total | 150 |
Student Assessment
Description
I. Written final exam (60%) that includes:
- Multiple choice questions
II. Presentation of Teamwork (30%)
III. Delivery of exercises done in the software (10%)
Bibliography
Course Bibliography (Eudoxus)
i. Χάλκος Γ. Εμ. (2021). Οικονομική Φυσικών Πόρων και Περιβάλλοντος. Εκδόσεις Δίσιγμα.
Additional bibliography for study
i. Sikor, T. (Ed.). (2013). The justices and injustices of ecosystem services. Routledge.
ii. Tietenberg, T. &LewisL. (2009). Οικονομική του περιβάλλοντος και των φυσικών πόρων. Εκδόσεις Gutenberg.
iii. Kumar, P. (Ed.). (2010). The economics of ecosystems and biodiversity: ecological and economic foundations. UNEP/Earthprint.
iv. Bauhus, J., van der Meer, P., & Kanninen, M. (Eds.). (2010). Ecosystem goods and services from plantation forests. Routledge.
v. Daly, H. E., & Farley, J. (2011). Ecological economics: principles and applications. Island press.
vi. Wagner, J. E. (2011). Forestry economics: a managerial approach. Routledge.
vii. Aizaki, H., Nakatani, T., & Sato, K. (2014). Stated preference methods using R. CRC Press.
viii. Kant, S., & Alavalapati, J. (Eds.). (2014). Handbook of forest resource economics. Routledge.
ix. Haab, T. C. & McConnell K.E., (2002): Valuing Environmental and Natural Resources: The Econometrics of Non-Market Valuation. Edward Elgar Publishing.
Last Update
28-02-2022
