Environmental Economics

Course ID: SHJDEN020140201002
Discipline: Economics/Resource and Environmental Economics
Registration recommendations: International graduate students and native students
Prerequisites: Microeconomics Public Economics
Lecture Hours & Credits: 32 leture hours/2 credits
Project year: 2014

Antai College of Economics and Management


YIN Hai-tao Holds a Ph.D. and M.A. in Applied Economics and Managerial Science from the Wharton School in University of Pennsylvania. He is currently chairing the Department of Economics, Antai College of Economics and Management, Shanghai Jiao Tong University. Professor Yin’s research has mainly focused on Environmental Economics and Policy, and Energy Economics and Policy.? He has published more than 30 academic papers in peered review journals. He has been selected for?New Century Excellent Talent Support Plan, Top Youth Talent Support Plan and National Natural Science Foundation for The Excellent Youth Scholars in China.


This course explores the economic foundations for public policies that deal with environmental issues such as pollution control, renewable resource utilization, nonrenewable resource conservation, and sustainable development. The emphasis of this course is on basic concepts and introduction of analytical tools for environmental policy as well as developing research in environmental economics.


In particular, the course aims to deepen students’ understanding of why resource and environmental problems have occurred from the economic point of view and what kind of policy tools, which are provided by economics and management science, should be implemented to solve these problems. Module 1 Introduction Module 2 Command and Control Approach for Environmental Policy Module 3 Information Approach for Environmental Policy Module 4 Cap and Trade System Module 5 Public Finance Approach for Environmental Policy Module 6 Liability Approach for Environmental Policy Module 7 Environmental Insurance Module 8 Environmental Regulation and Business Competitiveness Module 9 Evaluation of Environmental Benefits: Revealed Preference Module 10 Evaluation of Environmental Benefits: Stated Preference

Textbooks and Reference Books

Thomas Sterner, Policy Instruments for Environmental and Natural Resource Management, Resources for the Future Press, 2002. Robert N. Stavins (2011), “The Problem of the Commons: Still Unsettled after 100 Years”, American Economic Review 101: 81–108. Stephan, Mark (2002), “Environmental Information Disclosure Programs: They Work, but Why?”, Social Science Quarterly, 83 (1):190–205. Burtraw, Dallas, David A. Evans, Alan Krupnick, Karen Palmer, and Russell Toth,”Economics of Pollution Trading for SO2 and NOX”, Resources for the Future 2005 Working Paper. Ellerman, A. Denny, Paul L. Joskow, Richard Schmalensee and Juan-Pablo Montero, 2000, Markets for Clean Air: The U.S. Acid Rain Program, Cambridge University Press. Freeman, Paul and Howard Kunreuther (1997), Managing Environmental Risk Through Insurance, Kluwer Academic Publishers, Chapter 1-4. Beard, T. R. (1990), “Bankruptcy and care choice”, The RAND Journal of Economics, 21 (4): 626-634. Porter, Michael E. and Claas van der Linde (1995), Green and Competitiveness, Harvard Business Review, September-October: 120-134. Adamowicz et al. (1995), Stated Preference Approaches for Measuring Passive Use Values: Choice Experiments versus Contingent Valuation, Working Paper.

Relatived Courses

China Financial System


Industrial Economics