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National Chiao-Tung University

Institute of Business and Management

Course ID

IBM 6069

Course Name

Environmental Economics and Management


Jin-Li Hu




1.      Harris, J.M. (2002), Environmental and Natural Resource Economics:  A Contemporary Approach, Boston:  Houghton Mifflin Company.

2.      Buchholz, R.A. (1998), Principles Of Environmental Management: The Greening of Business, N.J.: Prentice Hall.

3.      Tietenberg, T. (1998), Environmental Economics and Policy, 2th ed., Boston:  Addison Wesley Publishing Company.

4.      Baumol, W.J. and Oates (1988), The Theory of Environmental Policy, 2nd ed., Cambridge:  Cambridge University Press.

5.      Kula, E. (1994), Economics of Natural Resources, the Environment and Policies, 2nd ed., London:  Chapman & Hill.

Objective of the Course

This course analyzes environmental problems with economic approaches.   We wish to train MBAs who will incorporate environmental goals into decision-making.  Concepts such as the sustainable development and green enterprise should be incorporated into an enterpriseˇ¦s management.

Course outlines

  1. Sustainable development
  2. Externality
  3. Coase Theorem
  4. Cost-benefit analysis
  5. Evaluating the environment
  6. Risk and uncertainty
  7. Intertemporal resource allocation
  8. Ecological economics
  9. National income and environmental account
  10. Energy and resource flows
  11. Input-output analysis
  12. Economic and ecological models
  13. Population
  14. Agriculture
  15. Food
  16. Fishery
  17. Water
  18. Biological Diversity
  19. Air pollution
  20. Acid Rains
  21. Transportation
  22. Solid wastes and recycling
  23. Toxic substance and wastes
  24. Global climate change
  25. Coast erosion and wetland protection
  26. Development, poverty, and the environment
  27. Trade and environment
  28. Management theory and the environment
  29. Management practice and the environment
  30. Toward a sustainable society

Course requirements

Class attendance (30%), in-class discussion (30%), oral presentation (20%), term paper (20%)