Application code: 9371
The course is primarily directed towards students with a basic knowledge about natural resources, especially about marine resources like fisheries, environmental and resource economics. Additionally, for students that are interested in the interplay between different disciplines and how resource users’ behaviour may be explained within the context of biological/environmental and economic dynamic processes. The course is an integrated part of the IFM programme but is also open for single course students.
This course aims to provide the student with knowledge on how to use different project evaluation methods and give an overall introduction to the central concepts of resource economics.
Lectures and seminars will be main teaching approaches for this course. Learning activities include: i) students’ participation and engagement in class, ii) short presentations (each 5 minutes) related to a particular given topic or issue, also present the group project ideas and a draft of the paper before final submission; iii) final written exam.
In the semester term paper the students will apply what they have learned about theory and methods to a case of their own choice, i.e. an economic analysis of a project with resource uses or environmental impacts.
The exam consists of two parts:
The grading scale is A-F, where A-E is passed, and F is failed.
A re-sit exam will be arranged for the written exam in the next semester. The student must retake the exam(s) which he/she failed.