SOK-3555 Fisheries economics - 10 ECTS
Knowledge and understanding:
- has insight in bioeconomics theory
- understands the dynamics of different types of fisheries
- knows about fisheries management means, their properties and use I real fisheries
- knows how to apply theoretical models on real fisheries
- has a deep understanding of the models shortcomings and constraints
- has the mathematical knowledge to deduce a useful modelling approaches for bioeconomic analysis of different fisheries
- knows basic bioeconomics reference points and how they relate to each other
- can perform consequence analysis of different management actions on real fisheries, evaluating impacts management means have in the short and long run on biological and economic development of the fishery
- enable to adjust and modify standard models when necessary for a useful evaluation of a real-world fishery
- is able to integrate biological knowledge related to population dynamics with economic reasoning
- has a good theoretical background in bioeconomic principles which could be used in practical management tasks
- has knowledge to investigate the interplay between vessels/fishermen and fish stocks in open access fisheries and under varying management regimes
- has competence to present how bioeconomic theory is used in the analysis of selected fisheries, both nationally controlled and those in which two or more countries are involved
- can address practical issues related to the use of available data for establishing bioeconomic reference points
Written exam, 6 hours. The grading scale is A-F.
Course work requirements: Compulsory tasks.
Participation in the written examination is conditional upon students having participated in the compulsory tasks: 1) 80% class attendance 2) presentations in class 3) assignments 4) management game and submit the report and presentation.
A re-sit exam will be arranged for the written exam in the next semester.