Environmental Economics: Applications in Mountain Regions’ Development Issues

Code: 
6463
Description: 

Basic concepts of environmental economics. Introduction to neoclassical economic theory. The market mechanism and natural resources. Public and private goods. Private, external and social costs and benefits.
Economic values ​​of non-market goods and services. Values ​​of use (e.g. recreation, corrosion protection, biodiversity, etc.). Non-use values ​​ (e.g. intrinsic value and bequest value).
Methods of economic valuation of water resources. Immediate valuation methods: dependent valuation technique. Indirect valuation methods: travel cost technique, substitute purchasing techniques, avoidance, restoration and substitution cost techniques. Cost / benefit transfer methods. The basic stages of a research. Writing a questionnaire. Population definition. Determination of an appropriate statistical sample. Sampling techniques. Interview methods. Coding of answers. Edit results. Preparation of a final report. Statistical processing of results with SPSS software. Data input. Basic statistical processing. Creating tables - graphs. Statistical checks (relevance check, etc.). Econometric analysis: parametric and non-parametric assessment of willingness to pay. Implementation of research with the method of Dependent Evaluation or Travel Cost Analysis on a topic related to mountainous areas.

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