Ecological Economics Lecture 01 Syllabus for

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Ecological Economics Lecture 01 Syllabus for 2009-10 6º encontro Nacional de Ecologia, 3 de Novembro de 2001, Lisboa Doctoral Program and Advanced Degree in Sustainable Energy Systems Doctoral Program in Mechanical Engineering Doctoral Program in Environmental Engineering Ecological Economics Lecture 01 Syllabus for 2009-10 Tiago Domingos Assistant Professor Environment and Energy Scientific Area Department of Mechanical Engineering

Assessment Groups of 2 students with weekly assignments: Problem sets One week projects Multiple week projects

Ecological vs. Environmental and Natural Resource Economics Syllabus I Ecological vs. Environmental and Natural Resource Economics The main issues in Ecological Economics: Scale (ecology) Distribution (ethics) Efficiency (economics) Constraints (thermodynamics) Weak vs. strong sustainability Ethics and welfare

Direct vs. Indirect Effects Syllabus II Direct vs. Indirect Effects Input-Output Analysis Life Cycle Assessment Time Uncertainty Discount rate Value Economic Valuation techniques Inflation: nominal vs. real quantities Exchange rates and purchasing power parity Social Biophysical

Syllabus III Economic growth theories National Accounting and Macroeconomic Variables Economic growth theories Neoclassical and endogenous Ayres’s theory of growth Growth accounting Economic theories of sustainable development Indicators of sustainable development Economic Genuine Savings Green Net National Product Social Human Development Index Index of Sustainable Economic Welfare DALY Biophysical Ecological Footprint Human Appropriation of Net Primary Production Mathematical techniques: static vs. intertemporal optimisation Lagrangian multipliers Optimal control theory: Pontryagin’s maximum principle