BB801: Natural Resource Economics and Management

Study Board of Science

Teaching language: Danish, but English if international students are enrolled
EKA: N110025102
Censorship: 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: 30-10-2019

Duration: 1 semester

Version: Approved - active


04003601(former UVA) is identical with this course description. 

Entry requirements


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.

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


The following main topics are contained in the course:
1. Introduction to economic theory and methodology (general welfare economics)
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
6. 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


See Blackboard for syllabus lists and additional literature references.

Examination regulations

Exam element a)




Two project reports, overall assessment




Second examiner: Internal


7-point grading scale


Full name and SDU username


Normally, the same as teaching language

Examination aids

To be announced during the course

ECTS value


Additional information

The examination form for re-examination may be different from the exam form at the regular exam.

Indicative number of lessons

35 hours per semester

Teaching Method

The teaching method is based on three phase model.

Intro phase: 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 Institut for Sociologi, Miljø- og Erhvervsøkonomi, The Management and Economics of Resources and Environment (MERE) Research Group


Administrative Unit

Biologisk Institut

Team at Registration & Legality


Recommended course of study

Profile Programme Semester Period