Universidad Pública de Navarra - Nafarroako Univertsitate Publikoa
Public University of Navarre
| Course code: 171836 | Subject title: NATURAL RESOURCE ECONOMICS | ||||
| Credits: 6 | Type of subject: Optative | Year: 4 | Period: 2º S | ||
| Department: Economía | |||||
| Lecturers: | |||||
| OSES ERASO, NURIA (Resp) [Mentoring ] | PERALES BARRIENDO, JULEN [Mentoring ] | ||||
Contents
The relationship between human activity and the world¿s natural resources means we have to make choices. After all, we need to live and produce things, which means we have to use environmental resources. However, we also need to be mindful of our lifestyle and production methods so that we can protect these resources for future generations. This course examines these challenging decisions from an economic perspective. We will cover some interesting topics, such as how we manage our resources (e.g. forests, fisheries, oil and critical minerals), sustainable development and environmental justice. The focus will be on economic theory, concepts and graphs, but we will also explore how this relates to public policy.
Other interesting topics in the relationship between human activity and the world¿s natural resources, such as how we control pollution, are covered in the Environmental Economics course in the fall semester.
Learning outcomes
RA04: Identify the main instruments of public intervention and relate policy recommendations to economic, environmental and social sustainability.
RA07: Knowing the relationship between verbal, graphic, mathematical and econometric analysis in the study of economics.
RA09: Identify and recognise the sources of relevant economic information and their content.
RA11: Use professional criteria for economic analysis, preferably those based on the use of technical instruments.
RA13: Apply rationality to the analysis and description of any aspect of economic reality.
RA17: Prepare reports and transmit ideas on any economic subject, with clarity and coherence, to both specialised and non-specialised audiences.
Methodology
| 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 |
Evaluation
| Learning outcome |
Assessment activity |
Weight (%) | It allows test resit |
Minimum required grade |
|---|---|---|---|---|
| All | Tests | 30 | Yes | - |
| All | Assignments/Projects | 30 | No | - |
| All | Final exam | 30 | Yes | - |
Agenda
Unit 1 - Natural resources and the economy
1.1. Economy-environment interdependence
1.2. The efficient use of natural resources
Unit 2 - Non-renewable resources.
2.1. Efficient intertemporal allocations
2.3. Recyclable resources
2.4. Energy transition. Critical minerals
Unit 3 - Renewable resources. Fisheries
3.1. Biological growth processes
3.2. Harvesting decisions
3.3. Efficiency vs. open access. The tragedy of the commons
Unit 4 - Renewable resources. Forests
4.1. Commercial plantation forestry
4.2. Natural forest and deforestation
Unit 5 - Other natural resources
5.1. Water economics
5.2. Agricultural economics
5.3. Land economics
Bibliography
Access the bibliography that your professor has requested from the Library.
BASIC BIBLIOGRAPHY:
Field, B.C. (2024) Natural resource economics. An introduction. 4th Edition. Waveland Press.
(There are previous editions that are also valid to follow the course)
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