Study grade : 2.
Year of study: 1.
Compulsory optional module

The course deals with the definition of the relationship between man and the environment (environment), understanding the environment as an asset, the criteria of efficiency of environmental use. It discusses the impacts of individual activities on the environment and defines the impact of the company on the environment. It also deals with the concept of sustainable development, the consequences of environmental degradation, their quantification, economic instruments of environmental policy for individual components of the environment. We will also discuss the liability of entities in violation of environmental protection. We will focus mainly on the financial and economic aspects of the issue and the economic context of environmental regulation.

Brief module description

  • The current state and tendency of development of natural resources in the world, the relationship between value and price, the basic principles of valuing natural resources.
  • Relationships between man and the environment, economic system and natural system, reproductive process and its impact on the environment. Basic concepts and their characteristics in the field of environmental economics.
  • Environmental degradation and its consequences, stages of development and impacts of production and consumption on the environment.
  • Quality of life. Measurable indicators. EPI index.
  • Externalities in the operation of the environment, the optimum quality of the environment at the macro and micro level.
  • Environmental policy instruments - normative and free.
  • Environmental policy instruments - direct and indirect instruments. Economic instruments
  • Company approaches to environmental protection, development of approaches, technical and non-technical approaches.
  • Voluntary environmental policy instruments.
  • Economic instruments in the environmental policy of the Slovakia - selected component of the environment.
  • Economic instruments in the environmental policy of Slovakia - selected component of the environment (air, trading in emission rights and permits).
  • Quantification of economic damage to the environment - selected problem, methods, techniques of quantification of impacts on selected components of the environment.
  • Possibilities of financing environmental projects. Selected aspects of the problem. Environmental business economics.