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
9371 - singular courses at the master's level
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.
Objectives of the course
After completing the course the candidate should have achieved the following learning outcomes:
Knowledge
The candidate shall
- 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
The candidate shall
- 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
The candidate shall
- 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
EnglishInformation to incoming exchange students
Examination
| Assignment | Hand in: 10.12.2025 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
