BB801: Natural Resource Economics and Management

Study Board of Science

Teaching language: Danish, but English if international students are enrolled
EKA: N110025102
Assessment: Second examiner: Internal
Grading: 7-point grading scale
Offered in: Odense
Offered in: Spring
Level: Master's level course approved as PhD course

STADS ID (UVA): N110025101
ECTS value: 5

Date of Approval: 31-10-2022


Duration: 1 semester

Version: Approved - active

Comment

 

Entry requirements

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  
  • Take responsibility for their own academic development and specialisation
  • 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

Content

The following main topics are contained in the course:
  • Introduction to economic theory and methodology (general welfare economics)
  • Planning options for natural resource utilization
  • Ecosystems, functions and services
  • Environmental policy and policy instruments (standards versus economic regulatory means, i.e. taxes and Individual Transferable Quotas’)
  • Bio-economic modelling of renewable resources
  • Integrated environmental planning and the DPSIR model
  • 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

See itslearning for syllabus lists and additional literature references.

Examination regulations

Exam element a)

Timing

Spring

Tests

Two project reports, overall assessment

EKA

N110025102

Assessment

Second examiner: Internal

Grading

7-point grading scale

Identification

Full name and SDU username

Language

Normally, the same as teaching language

Examination aids

To be announced during the course

ECTS value

5

Indicative number of lessons

35 hours per semester

Teaching Method

At the faculty of science, teaching is organized after the three-phase model ie. intro, training and study phase. These teaching activities are reflected in an estimated allocation of the workload of an average student as follows:

  • Intro phase (lectures): 17.5 hours
  • Skills training phase: 17.5 hours

The teaching method is a even mix of lectures and practice lessons.
Activities during the study phase: Preparation for lectures, case work as group work and assignments.

Teacher responsible

Name E-mail Department
Eva Roth er@sam.sdu.dk Institut for Sociologi, Miljø- og Erhvervsøkonomi (00)

Timetable

Administrative Unit

Biologisk Institut

Team at Educational Law & Registration

NAT

Offered in

Odense

Recommended course of study

Profile Education Semester Offer period

Transition rules

Transitional arrangements describe how a course replaces another course when changes are made to the course of study. 
If a transitional arrangement has been made for a course, it will be stated in the list. 
See transitional arrangements for all courses at the Faculty of Science.