Syllabus

NA0168 Management of Biological Resources, 7.5 Credits

Subjects

Education cycle

Modules

Advanced study in the main field

Grading scale

Language

Prior knowledge

Objectives

The goal of the course is to give a deeper knowledge in the economics of biological resources and their management. This course presents an economic analysis of renewable and nonrenewable biological resources. Concepts include static and dynamic efficiency, equity, property rights, discounting and market failure. The course will cover current and proposed policies for resource management such as transferable quotas, taxes, subsidies, regulations, and public versus private ownership.

With successful completion of this course, the student shall be able to:

• account for the possibilities and limitations of a market economy when it comes to the solution of environmental problems and the management of biological resources

• describe the economically optimal use of biological resources

• judge the usefulness of various environmental policy instruments in different situations

• use economic theory on actual resource management problems, including their temporal aspects

Content

• Description of various biological resource management problems and economic explanations for why they arise

• Description of various policy instruments for biological resources

• Analysis of the strengths and weaknesses of various policy instruments in different situations

• Analysis of the temporal dimension of natural resource management and stock pollution

Grading form

Formats and requirements for examination

Exam, project report, exercises and participation in obligatory meetings.

Passing grade on exam, passing grade on project report, passed assignments, and active participation in obligatory meetings.

• If a student has failed an examination, the examiner has the right to issue supplementary assignments. This applies if it is possible and there are grounds to do so.

• The examiner can provide an adapted assessment to students entitled to study support for students with disabilities following a decision by the university. Examiners may also issue an adapted examination or provide an alternative way for the students to take the exam.

• If this syllabus is withdrawn, SLU may introduce transitional provisions for examining students admitted based on this syllabus and who have not yet passed the course.

• For the assessment of an independent project (degree project), the examiner may also allow a student to add supplemental information after the deadline for submission. Read more in the Education Planning and Administration Handbook.

Other information

• The right to participate in teaching and/or supervision only applies for the course instance the student was admitted to and registered on.

• If there are special reasons, students are entitled to participate in components with compulsory attendance when the course is given again. Read more in the Education Planning and Administration Handbook.

Responsible department

Department of Economics