114-0392/01 – Environmental Economics (ENVE)

Gurantor departmentDepartment of EconomicsCredits4
Subject guarantordoc. Ing. Magdaléna Drastichová, Ph.D.Subject version guarantordoc. Ing. Magdaléna Drastichová, Ph.D.
Study levelundergraduate or graduateRequirementChoice-compulsory type B
Study languageCzech
Year of introduction2021/2022Year of cancellation
Intended for the facultiesEKFIntended for study typesFollow-up Master, Master
Instruction secured by
LoginNameTuitorTeacher giving lectures
DRA099 doc. Ing. Magdaléna Drastichová, Ph.D.
Extent of instruction for forms of study
Form of studyWay of compl.Extent
Full-time Graded credit 2+1

Subject aims expressed by acquired skills and competences

The aims of the course – a student should be able to understand the relationships between human and natural systems, to identify threats that result from human activities for natural systems and threaten people’s wellbeing and ultimately the survival of people as such; to understand the basis and meaning of the concept of sustainable development, the possibilities of its measurement and the ways of its application in practice; to apply the principles of sustainability and sustainable development for relevant activities (projects, policies etc.) at every analytical level (organization, state, international community etc.); to compute Ecological Footprint and other Footprint Indicators and (more generally) to be able to quantify impacts of human systems on the environment.

Teaching methods

Other activities


Compulsory literature:

ANDERSON, D. A. (2013). Environmental Economics and Natural Resource Management, Fourth ed. New York: Taylor & Francis.

Recommended literature:

DALY, H. E. (1996). Beyond Growth. Boston Beacon Press.TURNER, R. K. et al. (1993). Sustainable Environmental Economics and Management: Principles and Practice. John Wiley & Sons Incorporated.

Way of continuous check of knowledge in the course of semester


Other requirements

active participation, supplementary tasks, case studies


Subject has no prerequisities.


Subject has no co-requisities.

Subject syllabus:

1. Economics and the environment: basic definitions; relationships between human and natural systems; relationships between economic growth, population growth and the environment; impacts of environmental degradation. 2. Introduction to Environmental Economics: subject of interest, origin, two sub-disciplines, development. 3. Economics of Pollution: theory of externalities – definition of positive and negative externalities in relation to the environment. 4. Natural Resource Economics: classification of natural resources, optimization of the management of renewable and non-renewable resources. 5. Theoretical basis of instruments of environmental policy: command and control, economic instruments: environmental charges / taxes, subsidies, emissions / resource trading schemes, voluntary schemes and more. 6. Decision-making and the environment: aspects of discounting; valuation of externalities (valuation techniques), cost-benefit analysis (CBA) methodology and additional methods. 7. Concepts of sustainability: very weak, weak, strong, very strong sustainability; other concepts of sustainability (human sustainability); aspects of measurement. 8. The concept of sustainable development: theoretical aspects, development of the concept of sustainable development including its development in policies; aspects of the measurement of sustainable development; practical aspects: decoupling – as a concept putting sustainable development into operation, the green economy, the circular economy and more. 9. Alternative theories and approaches: Ecological Economics, Institutional Economics and more.

Conditions for subject completion

Full-time form (validity from: 2021/2022 Winter semester)
Task nameType of taskMax. number of points
(act. for subtasks)
Min. number of pointsMax. počet pokusů
Graded credit Graded credit 100  51 3
Mandatory attendence participation: Participation in lectures and tutorials is not mandatory.

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Conditions for subject completion and attendance at the exercises within ISP: The conditions for students with individual study plan are the same.

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Occurrence in study plans

Academic yearProgrammeBranch/spec.Spec.ZaměřeníFormStudy language Tut. centreYearWSType of duty
2024/2025 (N0311A050012) Applied economics (S02) Economic Development P Czech Ostrava Choice-compulsory type B study plan
2023/2024 (N0311A050012) Applied economics (S02) Economic Development P Czech Ostrava Choice-compulsory type B study plan
2022/2023 (N0311A050012) Applied economics (S02) Economic Development P Czech Ostrava Choice-compulsory type B study plan
2021/2022 (N0311A050012) Applied economics (S02) Economic Development P Czech Ostrava Choice-compulsory type B study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner

Assessment of instruction

Předmět neobsahuje žádné hodnocení.