ECS2606 Latest exam pack questions and answers and summarized notes for exam preparation. Updated for 2024 exams . For assistance Whats-App.0.6.7..1.7.1..1.7.3.9 . All the best on your exams!!
ECS2606 Latest exam pack questions and answers and summarized notes for exam preparation.
ECS2606 Latest exam pack questions and answers and summarized notes for exam preparation. Updated for 2024 exams
ECS2606 Latest exam pack questions and answers and summarized notes for exam preparation
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Environmental Economics (ECS2606)
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ECS2606
EXAM PACK
FOR ASSISTANCE WITH THIS MODULE +27 67 171 1739
,UNIVERSITY EXAMINATIONS
May/June 2024
ECS2606
Environmental Economics
75 Marks
𝟏𝟏
Duration: 2 Hours
𝟐𝟐
First Examiner: Dr I. Maloma
Second Examiner: Ms. L. Nesongozhe
CONFIDENTIAL
This paper consists of 4 pages.
Instructions:
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2. Start with a cover page stating the module code, ECS2606, and your student
number.
3. Make sure that each question is clearly numbered.
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, Page 2 of 4 ECS2606
May/Jun 2024
ECS2606
Date: 16 May 2024
INSTRUCTIONS ON THE DAY OF ASSESSMENT:
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, Page 3 of 4 ECS2606
May/Jun 2024
Sec�on A (50 marks)
Answer ALL the Ques�ons
Ques�on 1
1.1 You want to clean up a lake where ten households live. Explain the problem of free riding given
that you want to charge each household the same amount for cleaning the lake. (10)
1.2 Explain what you understand by internalizing and externality. (5)
1.3 Explain the equimarginal principle and why it leads to minimum aggregate abatement costs (no
graph). (5)
1.4 What are externali�es? Describe posi�ve and nega�ve externali�es. (5)
Ques�on 2
Read the excerpt below and answer the ques�on that follows:
Africa has made significant strides in the growth of its solar energy industry in recent years, with the
con�nent seeing an increase of over 1.8W in new solar installa�ons, primarily led by Egypt, South
Africa, Kenya, Namibia, and Ghana. In order to simultaneously speed up energy access and support
sustainable economic growth, Africa’s renewable energy mix has increasingly switched away from
conven�onal hydropower and thermal facili�es to renewable
alterna�ves. htps://earth.org/environmental-issues-in-africa/
2.1 Explain and graphically illustrate how this technology will affect Africa’s marginal cost curve for
the supply of electricity. (10)
Read the excerpt below and answer the ques�on that follows:
Over 40 million litres of crude oil are spilled in the Niger Delta each year, killing people and harming
the ecosystem there in the process. Between 1976 and 2014, the oil-rich region experienced more
than 12,000 oil spill occurrences, according to a 2018 report by the Journal of Health and Pollu�on.
More than half of them were a result of tanker accidents and pipeline degrada�on.
htps://earth.org/environmental-issues-in-africa/
2.2 Discuss the different types of pollutants. Which type of pollutant is associated with the excerpt
above? (10)
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