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 ] | |||||
Module/Subject matter
This course, although it can be taken independently, is also part of the Challenge-linked Specialization Program on Sustainable Development, which integrates the following subjects:
- Environmental Economics
- International Protection of Human Rights
- Leadership Development
- Natural Resources Economics
Successful completion of the program results in a milestone in the academic dossier: "Specialization Program in Sustainable Development". Completion of this program offers the option of a 24 ECTS Sustainable Development Specialization Internship in the spring semester.
Contents
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).
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 | Test | 30 | Yes | - |
| All | Assignments | 20 | Yes | - |
| All | Specialization program: joined challenge / Without specialization program: environmental and economic data analysis | 30 | No | - |
| All | Final exam | 20 | Yes | - |
Agenda
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
Bibliography
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