Course code: 176854 | Subject title: NATURAL RESOURCE ECONOMICS | ||||
Credits: 6 | Type of subject: Optative | Year: | Period: 2º S | ||
Department: Economía | |||||
Lecturers: | |||||
OSES ERASO, NURIA (Resp) [Mentoring ] | MARTINEZ MORA, FRANCISCO DE ASIS [Mentoring ] |
This Natural Resource Economics course is intended to serve as an introduction to the concepts, theories, and methods used in the economic analysis of environmental and natural resource issues. The management and use of renewable natural resources such as forests and fisheries, as well as the problem of managing nonrenewable resources are covered in this course.
Pollution problems, including climate change, are covered in the Environmental Economics course (fall semester).
CG01 Analytical capacity.
CG04 Writing and speaking in English.
CG07 Solving problems skills.
CG17 Autonomous learning.
CG23 Sensibility towards social and environmental problems.
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.
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 - Activity | Attendance | Self-study |
A-1 Exposition/Participative Classes | 44 | |
A-2 Practical classes | 14 | |
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 |
Learning outcome |
Assessment activity |
Weight (%) | It allows test resit |
Minimum required grade |
---|---|---|---|---|
All | Test | 30 | Yes | - |
All | Assignments | 20 | Yes | - |
All | Analysis of environmental and economic information | 20 | No | - |
All | Final exam | 30 | Yes | - |
Unit 1 - The sustainability problem
1.1. Economy-environment interdependence
1.2. The efficient use of natural resources
Unit 2 - Minerals
2.1. Extraction of a non-renewable resource.
2.2. Comparative dynamic analysis.
2.3. Recyclable resources
2.4. Energy resources
Unit 3 - Fisheries
3.1. Biological growth processes
3.2. Harvest and steady states
3.3. The problem of open access
3.4. Fisheries management
Unit 4 - Forest resources
4.1. Commercial plantation forestry
4.2. Natural forest and deforestation
Unit 5 - Other natural resources
5.1. Water
5.2. Land
5.3. Agriculture
Access the bibliography that your professor has requested from the Library.
BASIC BIBLIOGRAPHY:
Field, B.C. (2016) Natural resource economics. An introduction. 3rd Edition. Waveland Press.
Common, M; Stagl, S. (2005) Ecological Economics: An Introduction. Cambridge Univ Press.
SUPPLEMENTARY BIBLIOGRAPHY:
Perman, R.; Ma, Y.; Common. M.; Maddison, D. and McGilvray, J. (2011) Natural resource and environmental economics. 4th Edition. Pearson
Tietenberg. T. and Lewis, L. (2014) Environmental and natural resource economics. 10th edition. Pearson