Public University of Navarre



Academic year: 2018/2019
International Bachelor's degree in Management and Business Administration
Course code: 174732 Subject title: NATURAL RESOURCE ECONOMICS
Credits: 6 Type of subject: Optative Year: 4 Period: 1º S
Department: Economía
Lecturers
OSES ERASO, NURIA (Resp)

Partes de este texto:

 

Module/Subject matter

Economic Analysis.

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Descriptors

Sustainability. Mineral resources. Energy. Fisheries. Forestry. Water. Land.

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General proficiencies

CG01 Analytical capacity.

CG04 Writing and speaking in English.

CG07 Solving problems skills.

CG17 Autonomous learning.

CG23 Sensibility towards social and environmental problems.

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Specific proficiencies

CE01 Understand economic institutions as the result of theoretical or formal representations of modern economies.

CE02. Identifying the relevant sources of economic information and their content

CE04 Use scientific tools and professional criteria to analyze economic problems.

CE06 Managing the adequate resource allocation in private and public settings.

CE08 Identify and anticipate relevant economic issues relating to the allocation of resources.

CE10 Evaluate the implications of alternative economic policies and select those that better achieve the policy targets.

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Learning outcomes

Identify and analyze environmental problems from an economic perspective.

Characterize (economically) different natural resources.

Analyze how to address the optimal use of renewable or non-renewable natural resources

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Methodology

Methodology - Activity Attendance Self-study
A-1 Exposition/Participative Classes 38  
A-2 Practical classes 20  
A-3 Cooperative learning activities   10
A-4 Group projects   20
A-5 Individual practice and study time   58
A-6 Tutorials   02
A-7 Exams and evaluation activities 02  
Total 60 90

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Relationship between formative activities and proficiencies

Proficiency Formative activity
CG01; CG04; CG07; GC023; CE01; CE04; CE06; CE08; CE10 Participative classes; Practical classes; Cooperative learning activities; Group projects Individual practice and study time; Tutorials
CG17 Cooperative learning activities; Group projects Individual practice and study time; Tutorials
CE02 Practical classes; Cooperative learning activities; Group projects

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Languages

English.

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Evaluation

Learning outcome Evaluation system Weight (%) Possibility of retake
All Assignments 40 Yes (haft of it)
All Research and writing 20 No
All Final exam 40 Yes

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Contents

1. The sustainability problem

  • Economy-environment interdependence
  • Classification of natural resources
  • Limits to growth?
  • The efficient and optimal use of natural resources

2. Minerals

  • Extraction of a non-renewable resource. The Hotelling rule
  • Resource exploration, backstop technology and discount rates
  • Do resource prices actually follow the Hotelling rule?
  • Recyclable resources
  • Energy: the transition from depletable to renewable resources

3. Fisheries and other commercially valuable species

  • Biological growth processes
  • Steady-state harvest
  • Open access, private property and common-pool resources
  • Public policy towards fisheries

4. Forest resources

  • Characteristics of forest resources
  • Commercial plantation forestry
  • Natural forest and deforestation

5. Other natural resources

  • Water. Replenishable but depletable resources
  • Land. A locationally fixed, multipurpose resource
  • Agriculture and food security. Reproducible private property resources

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Agenda

Chapter #1 - 2 weeks

Chapter #2 - 4 weeks

Chpater #3 - 4 weeks

Chapter #4 - 3 weeks

Chapter #5 - 2 weeks

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Bibliography

Acceda a la bibliografía que su profesor ha solicitado a la Biblioteca.


BASIC BIBLIOGRAPHY:

Tietenberg. T. and Lewis, L. (2014) Environmental and natural resource economics. 10th edition. Pearson

SUPPLEMENTARY BIBLIOGRAPHY:

Conrad, J.M. (2010) Resource economics. 2nd Edition. Cambridge University Press.

Field, B.C. (2016) Natural resource economics. An introduction. 3rd Edition. Waveland Press.

Perman, R.; Ma, Y.; Common. M.; Maddison, D. and McGilvray, J. (2011) Natural resource and environmental economics. 4th Edition. Pearson

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Location

Aulario.

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