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CEV 432
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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
6
2
2
-
-
Course Language
Turkish
Course Coordinator
Onur Işık
Course Objectives
Course objectives are as followed:
1. to be able to apply the principles of engineering economics to real problems,
2. to comprehend the fundamentals of environmental economics and to be able to use it in real life,
3. to understand the relation between economy and sustainability.
Course Description
General Economic Concepts, Production Functions, Consumer Behaviors, Benefits/Cost Concepts, Cost Accounting, Pareto’s Optimum, Simple/Compound Interest, Mathematics of Finance, Nominal and Effective Interest Rate, Environmental Benefit Analysis, Comparison of Investment Alternatives, Selection of the Optimum Project, Time Value of Money and Inflation, Break-even Point, Replacement Analysis, Calculation of Treatment Cost, Economical Analysis of Environmental Quality, Environmental Policy and Analysis, Other Economical Tools in Environmental Management, Sustainable Development, Polluter Pays Principles, Analysis of Environmental Tariffs, Affordability Analysis.
Course Outcomes
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