BB801: Natural Resource Economics and Management (5 ECTS)

STADS: 04003601

Level
Master's level course approved as PhD course

Teaching period
The course is offered in the spring semester.

Teacher responsible
Email: er@sam.sdu.dk

Timetable
Group Type Day Time Classroom Weeks Comment
Common I Tuesday 12-16 U59 6
Common I Tuesday 12-16 U11 7-8,11-12
Common I Tuesday 12-16 U155 9-10
Common I Thursday 12-16 U103 6,10-11
Common I Thursday 12-16 U11 7-8
Common I Thursday 12-16 U20 9
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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.
The course builds on the knowledge acquired in the courses, and gives an academic basis for studying the topics that are part of the degree.

In relation to the competence profile of the degree it is the explicit focus of the course to:

•Give the competence to manage own learning  
•Give skills to analyse and discuss resource – and environmental issues within the framework of the welfare economic paradigm
•Give knowledge and understanding of integrated bio-economic models, the conceptual framework of the DPSIR, governance issues and regulations as well as selected models for project appraisals
•Knowledge of welfareeconomic arguments and optimisation of societal resources
 


Expected learning outcome
The learning objective of the course is that the student demonstrates the ability to:

•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
The following main topics are contained in the course:

1. Introduction to economic theory and methodology (general welfare economics)
2. Environmental policy  and policy instruments(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. Project appraisals: 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
  • Roger Perman et al : Natural Ressource and Environmental Economics , sidste udgave.


Website
This course uses e-learn (blackboard).

Prerequisites for participating in the exam
None

Assessment and marking:
  1. Two project reports, overall assessment. Internal marking, 7-mark scale. (5 ECTS). (04003602). 


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

Educational activities
Lectures, casework in groups and exercises, preferably tied to ongoing research activities.Educational form
Undervisningsformen er en blanding mellem (lige dele) forelæsninger og øvelsestimer.

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.