Universidad Pública de Navarra - Nafarroako Univertsitate Publikoa
Public University of Navarre
| Course code: 176854 | Subject title: NATURAL RESOURCE ECONOMICS | ||||
| Credits: 6 | Type of subject: Optative | Year: | Period: 1º S | ||
| Department: Economía | |||||
| Lecturers | |||||
| OSES ERASO, NURIA (Resp) [Mentoring] | |||||
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.
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.
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
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 |
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 |
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 |
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
Agenda
Chapter #1 - 2 weeks
Chapter #2 - 4 weeks
Chpater #3 - 4 weeks
Chapter #4 - 3 weeks
Chapter #5 - 2 weeks
Bibliography
Access the bibliography that your professor has requested from the Library.
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