UNIT 1: HISTORICAL DEVELOPMENT OF ECONOMICS AND ECOLOGY
Topic 2: The development of Economic Science and the Natural Sciences
2.1 Adam Smith and the invisible hand
2.2 Thomas Malthus and population growth
2.3 David Ricardo and the geographic pattern of economic activity
2.4 Sadi Carnot, Rudolf Clausius, and Thermodynamics
2.5 Charles Darwin and the evolutionary paradigm
2.6 John Stuart Mill and the stationary state
2.7 Karl Marx and the ownership of resources
2.8 Alfred C. Pigou and market failures
Topic 3: Convergence of Economics and Ecology
3.1 Ludwig von Bertalanffy and General Systems Theory
3.2 Elinor Ostrom and Garret Hardin: open-access resources and the commons paradigm
3.3 Kenneth Boulding and the spaceship Earth; Herman Daly and the steady-state economy
3.4 The role of neoclassical economics in ecological and environmental economics
UNIT 2: PRINCIPLES AND GOALS OF ECOLOGICAL AND ENVIRONMENTAL ECONOMICS
Topic 4: Sustainable scale, fair distribution, and efficient allocation
4.1 From an ?empty planet? economy to a ?full planet? economy
4.2 Complementarity, substitutability, and fundamental limits
4.3 Political implications of the tipping point
Topic 5: Ecosystems, biodiversity, and ecosystem services
5.1 Biodiversity and ecosystems
5.2 Ecosystem services
Topic 6: Economic activity: growth and development
6.1 Development approach
6.2 Growth approach
6.3 Divergences between development and growth
6.4 Sustainability and the maintenance of natural capital
6.5 Ecological sustainability
Topic 7: Measuring well-being
7.1 Quality of life, happiness, and well-being
7.2 From GDP to Hicksian Income and Sustainable Development
7.3 From GDP to the measurement of economic well-being
7.4 The Economic Well-Being Index and the Genuine Progress Indicator
7.5 Towards the measurement of total human well-being
UNIT 3: ECOLOGICAL AND ENVIRONMENTAL ECONOMICS LAB
Topic 8: The extensive ecosystem of agents
8.1 Main institutions and governmental agencies
8.2 Main social entities and movements
Topic 9: Data science in ecological economics
9.1 Big Data and Open Data
9.2 Main indicators and their evolution
UNIT 4: INSTRUMENTS AND POLICIES
Topic 10: The need for a shared vision
Topic 11: Ecological and environmental economic policies
11.1 Regulatory systems
11.2 Incentive-based systems
11.3 Three policies to achieve sustainability
11.4 Towards ecological tax reform
11.5 Towards a transdisciplinary policy for pollution control
Topic 12: Shared energy and the ecosocial transition
Topic 13: Governance models: democracy and the Lisbon principles
13.1 Democratic governments
13.2 Lisbon principles
Teaching methods will combine lectures with activities designed to encourage student participation. The main learning activities will include: lectures, document and text analysis, group work, independent study, individual and group tutorials, and oral presentations.
As teamwork is a key transversal competence of this course, most activities, text discussions, and reflections will be conducted in groups.
Ordinary Call: All evaluation activities must be completed and submitted by the deadlines. If justified, they may be submitted before the final exam. Students have the right to take the written exam even if not all assignments were submitted, but the final grade will only be calculated if all components are completed. Missing activities will result in a "Not Presented" mark.
Extraordinary Call: The same criteria apply. Grades from completed activities (including the written exam) will be preserved while waiting for pending ones. This system applies only within the same academic year. If not passed, the entire course must be retaken.
Class participation: 10%
Teamwork: 40%
Final exam: 50%
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