Course code: SOK-8005

Advanced Natural Resource Economics

Campus Tromsø
Semester / Year Autumn 2025
Level Doktorgrad
Credits 10

About the course

This course is open for students with a documented admission to a PhD programme in economics, environmental- and resource economics, or in related fisheries management programs, or who fulfil the admission requirements.

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

Admission requirements

PhD students or holders of a Norwegian master´s degree of five years or 3+ 2 years (or equivalent) may be admitted. PhD students must upload a document from their university stating that there are registered PhD students. This group of applicants does not have to prove English proficiency and are exempt from semester fee.

Holders of a Master´s degree must upload a Master´s Diploma with Diploma Supplement / English translation of the diploma. Applicants from listed countries must document proficiency in English. To find out if this applies to you see the following list:

Proficiency in English must be documented - list of countries

For more information on accepted English proficiency tests and scores, as well as exemptions from the English proficiency tests, please see the following document:

Proficiency in english - PhD level studies

Objectives of the course

The course gives an in-depth study of the theory of environmental and resource economic modeling, valuation methods, and cost-benefit analysis. Applied examples and managements methods are discussed.

Teaching methods

Lectures, assignments, seminars, and computer labs

Language of instruction and examination

English

Examination

Exams
Assignment Grade:
Passed / Not Passed
Coursework requirements

To take an examination, the student must have passed the following coursework requirements

Valuation – individual lab report Grade:
Approved – not approved
Cost-benefit analysis 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

Previous years and semesters

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Responsible unit: Norges fiskerihøgskole