Public University of Navarre



Academic year: 2024/2025
Bachelor's degree in Economics at the Universidad Pública de Navarra
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 ] MARTINEZ MORA, FRANCISCO DE ASIS   [Mentoring ]

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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.

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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).

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General proficiencies

Not applicable.

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Specific proficiencies

Not applicable.

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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.

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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

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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 -

 

 

 

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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

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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

 

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Languages

English.

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Location

Aulario.

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