Management of Biological Resources
Entry Requirements
Knowledge equivalent to 180 credits of which 90 credits in Economics.
Course facts
NA0168, Management of Biological Resources, 7.5 Hp
Print syllabus
Syllabus
Level
Second cycle (A1N)
Main field of study
Economics, Environmental Science
Grading Scale
The grade requirements within the course grading system are set out in specific criteria. These criteria must be available by the course start at the latest.
Course language
English
Entry Requirements
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
Examination Formats and Requirements for Passing the Course
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.
Responsible Department/Equivalent
Department of Economics
Supplementary information
Included in program
- Environmental Economics and Management - Master's Programme
- Agricultural, Food and Environmental Policy Analysis (AFEPA) - Master's Programme
- Agricultural Economics and Management - Master's Programme
Module set
| Title | Credits | Code |
|---|---|---|
| Single module | 7.5 | 0201 |
The Course Replaces
NA0152