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BSc Environmental Economics

Minor assessment Academic Year 2016/2017, term 2

Percentage of Module Grade: 40%

Course: UG6013 Environmental Economics

Paper due: March 5th

Word count: 2.500 words +/- 10%

Assessment type: Individual Project Percentage of final grade given: 40% of final grade

OBJECTIVES: The objective of this project is to assess the student’s critical thinking, diagnostic capabilities, and decision‐making attitudes through a deeper analysis of some concepts from environmental economi cs supported by good practices. In particular, the project aims to evaluate student’s capacity to analyse the possible use of environm ental economics theory and tools in business and other organizations’ practices and decision making processes. Furthermore, it aims to measure their ability to recognize and analyse links between con crete experiences and strategies and the general principles of environmental economics and sustaina ble development covered in the course. PROJECT DESCRIPTION: Many of the concepts, mechanisms and techniques developed by environmental economics are used in real policies and measures to make public choices. Choose one of the assignments reported below, and write an essay in which the candidates have to make sure they: 1. clarify the economic rationale for the instruments that either are, or need to be, adopted (e.g. taxes, charges, fees, thresholds, etc.); 2. provide real figures from case studies available in the international literature from countries, regions or cities wherein economic instruments have been adopted; 3. draw some conclusions on the efficiency and/or effectiveness of the instruments discussed in the essay, and draw some recommendations (based on fact checking) for improving the quality of the results achieved so far. Assignments: 1. Pollution control is still a central aspect in most of the world countries and especially in the developing and transition ones. Significant issues persist concerning the availability of a comprehensive legislation on emissions’ control in different sectors (e.g. wastewater, air pollution, CO2 emissions, etc.). Discuss how the problem has been addressed in at least two different countries highlighting the difference between the theory of the determination of the tax rate and the practice adopted. If figures are available analyse the trend of tax revenues over at least a 5-years period. (Possible sources of data and case studies: OECD Environmental Country Review (ECR) Programme http://www.oecd.org/environment/country-reviews/ , UNECE EPR Programme https://www.unece.org/env/epr.html , UNEP: http://web.unep.org/greeneconomy/sites/unep.org.greeneconomy/files/1_ian_parry_environmental_t axes.pdf , IMF: https://www.imf.org/external/pubs/ft/wp/2012/wp12180.pdf, national governmental and EU reports, e.g. https://ec.europa.eu/taxation_customs/sites/taxation/files/resources/documents/taxation/gen_info/ec onomic_analysis/tax_papers/taxation_paper_19.pdf ) 2. Public goods are notoriously undersupplied in our societies which often means that too few financial resources are allocated to them. Natural Parks and Protected Areas are telling examples of environmental public goods presenting significant problems in their financing and management. Starting from the theory of public environmental goods, define the exact type of good a protected area or park represents, explain on the basis of economic theory why a problem of undersupply persists on the supply of nature protection and – also on the basis of your knowledge of economic instruments – provide some suggestions on how a protected area could be funded. You are encouraged to use examples and figures from literature and case-studies. (Some possible sources of data and case studies are reported below, that candidates are encouraged to widen: https://www.ifc.org/wps/wcm/connect/2f7eca80498391708494d6336b93d75f/VP_National%2BPar ks.pdf?MOD=AJPERES&CACHEID=2f7eca80498391708494d6336b93d75f , http://pdf.usaid.gov/pdf_docs/PA00HV6Z.pdf , https://www.iucn.org/content/sustainable-financingprotected-areas , https://www.cbd.int/financial/finplanning/p-planfinancing-iucn.pdf, https://www.cbd.int/financial/privatesector/g-privatthird.pdf ) STRUCTURE AND FORMAT OF THE PROJECT: FORMAT OF THE PROJECT: This is a written individual project. The written project should be presented as a neatly typed Word document, according to following criteria: o Length: 2.500 words +/-10% o Font: Times New Roman or Arial o Spacing: 1.5 o Referencing and bibliography should follow the Harvard Style Structure of the Project: The written work should be framed as follows (different titles can be used for the project sections): 1) Introduction 2) Presentation of the theory used for the performed analysis and of the chosen issue (e.g. emissions control, provision of public goods, etc.) 3) Description of the instruments analysed (in light of theory) to address the chosen assignment 4) List of policies and/or instruments used to address the issue at stake (meaning, expectations, targets, results) 5) Case-study/ies and figures (e.g. tables, graphs, charts, etc.) 6) Conclusions and Recommendations 7) References Make sure the writing is precise and to the point. The paper should not exceed 2000 words per student, excluding appendices and references. Format of the Project: This is a written individual project. 1. The report should display a coherent structure: title page should include student name, module name, lecturer name, date and school name followed by contents page, introduction, executive summary, methodology, findings, analysis, conclusions, recommendations, referencing and appendices. 2. The project should be prepared as a neatly typed Word document (Times New Roman 12 points), with double spacing and page numbering. 3. Tables or work/data taken from other sources may be included in an appendix. 4. All sources must be referenced in the text and a full bibliography must be provided (including visited websites) in the Harvard style referencing system. Paraphrasing or direct quotes taken from other sources must be clearly indicated with citations. No footnoting! 5. Students are reminded that depth, relevance and variety are the crucial elements of quality research. (Wikipedia is not considered to be a relevant source of information; any students referencing Wikipedia will be deducted marks! Alternatively if you find information on Wikipedia use the original sources listed at the bottom of the article) 6. Students are reminded to use valid and peer-reviewed references to support their work. Websites should only be used if they represent an established source and only for facts and figures. Students should make the most of academic and practitioner books and articles. Submission deadline: March 5th 2017 (by midnight) Submission should be completed on Turnitin.com by the deadline, March 5th 2017 and should include a hard copy to the lecturer and an electronic copy to your academic coordinator. Late submissions will incur a 5% per day reduction to be calculated on the assignment grade. After 5 days, the student will receive a 0 grade and will have to re-sit the project. All work must conform to University regulations on Cheating, Collusion and Plagiarism’ as described in your program handbook. You are advised to use the Harvard referencing style and avoid plagiarism. Please see ESE Student Portal for submission details and Turnitin codes GENERAL MARKING CRITERIA (UNDERGRADUATE STUDIES) Excellent work: 70% Above satisfactory work: 60% – 69% Satisfactory: 50 – 59% Below satisfactory work: 40% – 49% Failure: Below 40% Relevance Excellent knowledge Very good use of Competent use of Some use of Little or no sign and understanding of course material and course materials appropriate course of relevance material and an other information; and other materials and imaginative sense of well-chosen to information to experience to support its relevance across a support arguments support most arguments; capacity to range of issues, and relevant to question arguments identify relevance, but context or policy may be rather situation; excellent narrowly use of course material focused and miss out and other relevant important areas information to support argument Content Independent and Good knowledge Reasonable Adequate Very limited creative, and and understanding knowledge of the understanding and knowledge and demonstrates clear of the material, material and ability use of course and understanding thinking; ability to across a broad to draw upon more other relevant and the issues analyse and critically spectrum, combined than one source material; mostly involved evaluate material with an ability to for ideas; uses key descriptive, but with evaluate, analyse themes well. some grasp of key and reflect on key course themes and issues issues and a capacity to discuss these in context Depth A sensitive Well organised use Capacity to Some attempt to Lack of awareness of of most of the major grapple with address the conflicting awareness of conflicting arguments and ideas and of their provenance. Clear grasp ofimplications. points with an ability to draw upon them creatively and critically; awareness of conflicting conflicting arguments and ideas; beginning to draw together and synthesise ideas arguments and ideas from the course, some signs of an attempt to take an evaluative, conflicting arguments and ides arguments and and perspectives analytical and critical ideas and attempt to from a range of stance; some address them in theory appropriate use of context concepts, but with only limited evidence of independent thinking Structure Excellent Good, clear Sensible use of Framework is Little or no organisation of framework and major points apparent with an evidence of material; clear, logical reasoned argument integrated into the introduction, argument planned flow of argument; with evidence of answer; logical and conclusion, but structure and good sign-posting careful thought flow of ideas is the logical flow and organisation throughout apparent coherence is not always consistent and may be difficult to follow

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