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NA0168

Management of Biological Resources

What policy should we use to achieve a certain environmental quality at the lowest cost? How shall the combination of costly actions in different countries be in order to achieve an international cooperation? How much fish can be taken without running the risk of extinguishing it in the long run? What is the value of a cleaner Baltic Sea? What are the relationships between population, economic growth and environment? To what extent can the government or any other federal authority change property rights in order to improve the environmental quality? Advanced economic theory and methods are analysed and applied during the class to answer these questions.

Information from the course leader

A warm welcome to the Swedish University of Agricultural Sciences and the course Management of Biological Resources!

Below, you will find general information about the student account, registration for the course and other practical information.

The student account
You will need your student account to access e.g. your e-mail, Ladok and Canvas. For information regarding how to create your student account, see here: https://student.slu.se/en/study-support/it-support/support/new-student---start/

Registration for the course
Self-registration for the course is done in Ladok between 2021-10-18 and 2021-11-02. Remember that you must be admitted and registered to take the course.

If you have been admitted to the course with conditions, you need to send your credit list to the course leader who will review it and decide if you can register. Do this as soon as possible as reviewing credits may take a few days due to the course start.

Educational support

If you are entitled extra educational support, please inform the course leader at the start of the course so that special arrangements can be made. For educational support for an exam, see instructions in the exam registration in Ladok Student. You need to register for alternative exam arrangements no later than 15 workings days prior to the examination. More information here: https://student.slu.se/en/study-support/study-support/funka/.

Discontinuation of a course

If you want to discontinue the course, you should immediately notify the educational administrators at econ-edu@slu.se, who in turn will inform the course leader and register a non-completion of the course in Ladok after your approval. You are also able to register an early non-completion of the course (within three weeks after course start) in Ladok yourself.

Exams
You will automatically be registered for the first exam of the course in Ladok Student. You can find your anonymity code in Ladok Student. Please note that you still have to register yourself for the re-exam in Ladok Student. This applies only to exams and re-exams within the Department of Economics.

Corrected exams can usually be collected Wednesdays at 12.30 - 14.30 in room D416 or D417 in Ulls Hus. Due to Covid, it is best to contact econ-edu@slu.se to get help with collecting your exam.

Do not hesitate to contact us at econ-edu@slu.se if you have any questions!

Kind regards
The administration

Course evaluation

The course evaluation is now closed

NA0168-20125 - Course evaluation report

Once the evaluation is closed, the course coordinator and student representative have 1 month to draft their comments. The comments will be published in the evaluation report.

Additional course evaluations for NA0168

Academic year 2021/2022

Management of Biological Resources (NA0168-M2125)

2021-11-02 - 2022-01-16

Academic year 2020/2021

Management of Biological Resources (NA0168-20110)

2020-11-02 - 2021-01-17

Academic year 2019/2020

Management of Biological Resources (NA0168-20087)

2019-11-01 - 2020-01-19

Academic year 2018/2019

Management of Biological Resources (NA0168-20144)

2018-11-06 - 2019-01-20

Academic year 2017/2018

Management of Biological Resources (NA0168-20044)

2017-10-31 - 2018-01-14

Academic year 2016/2017

Management of Biological Resources (NA0168-20036)

2016-11-01 - 2017-01-15

Academic year 2015/2016

Management of Biological Resources (NA0168-20007)

2015-10-31 - 2016-01-17

Academic year 2014/2015

Management of Biological Resources (NA0168-20038)

2014-11-10 - 2015-01-18

Syllabus

NA0168 Management of Biological Resources, 7.5 Credits

Förvaltning av Biologiska Resurser

Subjects

Economics Environmental Science

Education cycle

Master’s level

Modules

Title Credits Code
Single module 7.5 0201

Advanced study in the main field

Second cycle, has only first-cycle course/s as entry requirements(A1N)

Grading scale

5:Pass with Distinction, 4:Pass with Credit, 3:Pass, U:Fail The requirements for attaining different grades are described in the course assessment criteria which are contained in a supplement to the course syllabus. Current information on assessment criteria shall be made available at the start of the course.

Language

English

Prior knowledge

Knowledge equivalent to English B from upper secondary school.

Knowledge equivalent to 180 credits of which 90 credits in Economics.

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

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 the student fails a test, the examiner may give the student a supplementary assignment, provided this is possible and there is reason to do so.
  • If the student has been granted special educational support because of a disability, the examiner has the right to offer the student an adapted test, or provide an alternative assessment.
  • If changes are made to this course syllabus, or if the course is closed, SLU shall decide on transitional rules for examination of students admitted under this syllabus but who have not yet passed the course.
  • For the examination of a degree project (independent project), the examiner may also allow the student to add supplemental information after the deadline. For more information on this, please refer to the regulations for education at Bachelor's and Master's level.

Other information

  • The right to take part in teaching and/or supervision only applies to the course date to which the student has been admitted and registered on.
  • If there are special reasons, the student may take part in course components that require compulsory attendance at a later date. For more information on this, please refer to the regulations for education at Bachelor's and Master's level.

Responsible department

Department of Economics

Further information

Determined by: UU för ekonomi, miljö och teknik
Replaces: NA0152

Grading criteria

Assessment will consist of (1) the examination; and (2) a short essay and seminar presentation on a recent paper. In the latter we will go beyond the textbooks and cover some material based on recent research.

The exam will test the student's ability to understand and work with (including solving) basic economic models related to dynamic management of biological resources and climate change, and to discuss the results of such models in relation to policy dilemmas. It accounts for 67 percent of the marks.

The essay will cover a research paper (essay) relevant to the topics we have discussed. The paper should contain an original research contribution.The focus is on how the theory we have learnt during lectures and exercises shapes up when it is faced by reality. Papers chosen must relate theoretical results to empirical data. The paper and presentation together account for 33 percent of the marks.

In order to get grade:
• 3 you must have at least 50 points in total.
• 4 you must have at least 70 points in total.
• 5 you must have at least 85 points in total.

Litterature list

  1. Natural Resources and Environmental Economics. 2011. Fourth edition, Pearson, Harlow, UK. Författare: Perman, R., Ma, Y., McGilvray, J., Common, M. 1) Natural Resources as Capital. 2017. MIT Press Författare: Karp, Larry 1) Resource Economics. 2010. Second edition. Cambridge University Press Författare: Conrad Jon, M.

Course facts

The course is offered as an independent course: Yes Tuition fee: Tuition fee only for non-EU/EEA/Switzerland citizens: 13082 SEK Cycle: Master’s level
Subject: Economics Environmental Science
Course code: NA0168 Application code: SLU-20125 Location: Uppsala Distance course: No Language: English Responsible department: Department of Economics Pace: 50%