course shows how some of the theories and tools of economics can be applied to
understanding and tackling the problem of flood risk in the UK. With the
incidence of flooding rising due to climate change, this is an increasingly
important policy issue worldwide. You will gain insights into the practical use
of economics in a policymaking setting.
This OpenLearn course provides a sample of Level 2 study in Economics.
Course learning outcomes
After studying this course, you should be able to:
to understand and confidently use some economic concepts and terminology
break down the issue of flood risk into some essential elements and
apply appropriate economic theory and techniques to its analysis.
An interesting module! With pressure on building land for housing, such developments may become more numerous if planning permission is granted. The Environmental Agency give a good account of their monitoring role, whilst the compromises over subsidies to some Households at the expense of others is an eye-opener.