Course Information

Course Name	Turkish	Çevre Ekonomisi
	English	Environmental Economics
Course Code	CEV 432	Credit	Lecture (hour/week)	Recitation (hour/week)	Laboratory (hour/week)
Semester	-	2	2	-	-
Course Language		Turkish
Course Coordinator		İzzet Öztürk Cumali Kınacı
Course Objectives		Course objectives are as followed: 1. to be aware of general economic concepts, 2. to be able to apply the principles of engineering economics to real problems 3. to comprehend the fundamentals of environmental economics and to be able to use it in real life 4. to understand the relation between economy and sustainability 4) Ekonomi ve sürdürülebilirlik ilişkisini kavraması
Course Description		General economical concepts; production functions; consumer behavior; indifference curves; supply-demand curve; elasticity; social welfare; Pareto's optimum; externality concept; sustainable development. Finance mathematics; nominal and effective interest rate. Cost and its components. The measurement of benefit. Cost-benefit analysis. Treatment costs. Comparison of project alternatives and selection of the most economic project. Economical analysis of environmental quality. Human, market and environment. Private and social cost. Economic instruments in environmental protection. The polluter pays principle and application,
Course Outcomes
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Required Facilities
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