Advanced Environmental and Resource Economics
About the course
The course is an elective course in the master's program Fiskeri- og havbruksvitenskap. The course is available as a singular course.
To organize the course, a minimum of five students is required.
The course teaches environmental and resource economic modeling, valuation methods, and cost-benefit analysis, designed for master's students in Fiskeri- og havbruksvitenskap (fisheries and aquaculture).
Admission requirements
The resource economics portion from the semester in "Sustainable fisheries" from the bachelor's program in Fiskeri- og havbruksvitenskap or equivalent courses in resource economics.
9371 - singular courses at the master's level.
Objectives of the course
Knowledge:
- have a deep understanding of environmental and resource economic concepts
- understand population dynamic models; single and multispecies
- understand and have solid knowledge of the dynamics and realism in known fisheries and aquaculture models
- know of marine ecosystem services and how these are valued economically
- have knowledge of cost-benefit analysis and how it is applied
Skills:
- be able to apply bioeconomic models on different known issues in an adequate way
- be able to assess current management challenges by applying models for how management can impact the development of marine resources and the utilisation of them
- be able to apply different methods for assessing the values of ecosystem services
- be able to apply cost-benefit analysis
General competence:
- be able to apply and develop bioeconomic models in concrete fishery and aquaculture settings, and know what information is necessary for this
- be able to identify known reference points for different management measures and make realistic plans for reaching management goals
- be able to include valuation of ecosystem services in cost-benefit analysis
Teaching methods
Language of instruction and examination
EnglishSchedule
The schedules are normally finalized and published well in advance of the start of the semester, often a few weeks beforehand. This gives students the opportunity to organize their studies and prepare for upcoming activities.
It is recommended to check the schedule regularly, as changes may occur.
Information to incoming exchange students
Examination
| Assignment | Hand in: 01.12.2026 14:00 |
Grade: A–E, fail F |
To take an examination, the student must have passed the following coursework requirements
| Valuation - individual lab report | Grade: Approved – not approved |
| Cost-benefit analysis – group presentation | Grade: Approved – not approved |
| Bioeconomics – individual lab report | Grade: Approved – not approved |
| Presentation of term paper | Grade: Approved – not approved |
Everything you need to know about before, during, and after the exam; registration, absence, appeals, and diplomas: UiT Exams homepage