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.

Teacher responsible
No responsible teachers found, contact the department if necessary

Timetable
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Comment:
Ansvarlig underviser: Lars Ravn-Jonsen

Prerequisites:
None

Academic preconditions:
Bachelor degree in Biology or similar level is expected.

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 welfare 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 (general welfare economics)
2. Environmental policy (standards versus economic regulatory means, i.e. taxes and Individual Transferable Quotas’)
3. Bio-economic modelling of renewable resources
4. Integrated environmental planning and the DPSIR model
5. Cost-benefit analysis and other analytical tools. 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

• Field, B. C. (2008): Natural Resource Economics: An Introduction. , Waveland Press, Inc..

Website
This course uses e-learn (blackboard).

Prerequisites for participating in the exam
None

Assessment and marking:

1. Two project reports which are collectively according to the 7-point scale, internal censorchip.

Reexam in August.

Expected working hours
The teaching method is based on three phase model.
Intro phase: 25 hours
Skills training phase: 25 hours

Educational activities Study phase: 40 hours

Language
This course is taught in English, if international students participate. Otherwise the course is taught in Danish.

Course enrollment
See deadline of enrolment.

Tuition fees for single courses
See fees for single courses.