EEA-Malaysia holds course on environmental economics
SELANGOR, MALAYSIA—The Economy and Environment Association-Malaysia (EEA-Malaysia) conducted a training course on the introduction to environmental economics from 9 to 11 March 2016. It was attended by almost 50 researchers from various universities, research institutions, and government agencies in Malaysia.
The course aimed to equip researchers, natural resource managers and decision makers in Malaysia with a basic understanding of the underlying concepts in environmental economics, economic valuation and its applications in natural resource management. Focus was given on stated preference approaches (i.e., contingent valuation method and discrete choice modeling), revealed preference method (i.e., travel cost method), and hedonic pricing. Alumni of the Economy and Environment Program for Southeast Asia (EEPSEA Program) capped the course by sharing their studies as an illustration of how these methods are applied.