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Sustainable Development Policy, Law and Economics

Admission Requirements
Bachelors’ degree in a social-studies or engineering related field

Learning Outcomes

At the end of the course, students are expected to have achieved the following learning outcomes:


  • Explain principles of environmental policy-making,
  • Describe fundamentals of sustainable economy
  • Explain the methodology of sustainable policy and economic research
  • Provide examples of practical application of artificial intelligence to create sustainable solutions


  • Apply economic instruments in the development of laws and regulations to assess how people affect the Earth and its resources
  • Use of basic legal, economic, and voluntary instruments in the environmental policy making process.
  • Critically review possibility to apply artificial intelligence methods in the business transformation towards sustainability.
  • Facilitate technical and technological change, business transformation, and societal behavioural changes to achieve sustainable development goals.


  • Integrate the latest research methodologies and artificial intelligence in practical problems of sustainability.
  • Design and evaluate environmental policy and legal issues by linking health, natural and technological sciences.
  • Stimulate technical change and industrial transformation towards sustainability
  • Address issues of sustainable development using of the law and policy


The course contents are summarized as follows:

  • Economic Development
  • Globalization and Sustainability
  • Industrial Policy and the Role of the Firm in Pursuing Sustainable Development
  • Sustainability policy and economic research: research methodology, data bases and integration of AI
  • Climate change and its legal regulation
  • Sustainable development: National, Regional and International legal regulation
  • Financing Sustainable Development
  • Strategic Policy Design for Sustainable Transformations

  • Environmental Law and Economics. Theory and Practice// Cambridge University Press. Michael G. Faure, Roy A. Partain, 2019
  • Environmental and Natural Resource Economics: A Contemporary Approach. Jonathan M. Harris, Brian Roach; 2013
  • Environmental Law and Policy, 4th Edition// William A. Tilleman, Alastair R. Lucas, Sara L. Bagg, Patrícia Galvão Ferreira, Emond Publishing, 2020
  • Faure, M., & Partain, R. (2019). Environmental Law and Economics: Theory and Practice. Cambridge: Cambridge University Press.
  • An Introduction to the Law and Economics of Environmental Policy: Issues in Institutional Design: Volume 20//Editor: Timothy Swanson
  • Oxford Handbook of Law and Economics Chapter: Environmental Law and EconomicsPublisher: Oxford University PressEditors: Francesco Parisi
  • Environmental Policy: New Directions for the Twenty-First Century 8th Edition. Norman J Vig, Michael E Kraft. 2012
  • Environmental Policy: An Economic Perspective//Thomas Walker (Editor), Sherif Goubran (Editor), Northrop Sprung-Much (Editor). 2020

Teaching Methodology
  • Case analysis
  • Discussion
  • Inquiry-based learning
  • Lecture, seminar
  • Challenge-based learning
  • Experiential learning.

ECTS Credits
7,5 ECTS

2nd Semester - Social Humanities

Examination methodology
Individual assignments, colloquium, oral examination.

The course combines knowledge on the environmental law, policy, and economics. It covers a wide range of topics, such as information-based obligations of industry, enforcement of environmental law, market-based and voluntary alternatives to traditional regulation, risk assessment, environmental economics, technological innovation. The different perspectives enable students to stimulate technical change and industrial transformation, address issues of sustainable development by the means of the law and policy.

Existing Course, but revised
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