BB801: Natural Resource Economics and Management (5 ECTS)

STADS: 04003601

Level
Master's level course

Teaching period
The course is offered in the spring semester.
3. quater

Teacher responsible
Email: er@sam.sdu.dk

Additional teachers
nv@sam.sdu.dk

Timetable
Show entire timetable
Show personal time table for this course.

Comment:
Onsdag Uge 11 er en ekskursion.

Prerequisites:
None

Academic preconditions:
Bachelor degree in Biology or similar level.

Course introduction
The objective of the course is to give a broad introduction to the political, social and especially economic principles guiding the management of natural resources and environmental goods and services.

Expected learning outcome
Knowledge and understanding of wellfare economic arguments and optimization regimes. Ability to analyze and discuss resource- and environmental problems within the welfare economic framework. Acquaintance with key integrated economic- ecological models i.e. cost-benefit analysis, bio-economic models and the DPSIR framework

Subject overview
1. Introduction to economic theory and methodology (generel wellfare economics)
2. Environmental policy (standards versus economic regulatory means, i.e. taxes and Individual Transferable Quotas’s)
3. Bio-economic modelling of renewable resources
4. Cost-benefit analysis and other analytical tools (DPSIR model etc.) Valuation of non-market goods

Actual up-to-date topics will be the starting point for course(i.e. Climate change, the Water Framework Directive, Fisheries Policy and Coastal Zone Management.)

Literature

• Barry C. Fields: Natural Resource Economics – An Introduction, , Latest International edition, McGraw-Hill Higher Education. .
• J.A.Sinden & D.J. Thampapillai: Introduction to Benefit-Cost Analysis, 1995. Longman Australia.
• Lecture notes, hand-outs and articles. .
• Further readings must be anticipated. .

Website
This course uses e-learn (blackboard).

Prerequisites for participating in the exam
None

Assessment and marking:
Two project reports have to be written during the course. Internal marking. Danish 7-point marking scale. Re exam after 4th. quater

Expected working hours
The teaching method is based on three phase model.

Forelæsninger, antal timer 25.
Laboratorieøvelser, antal timer 15.
Ekskursion, antal timer 10.
Educational activities

Language
This course is taught in English.

Course enrollment
See deadline of enrolment.

Tuition fees for single courses
See fees for single courses.