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Vår 2022
SOK-3002 Advanced Natural Resource Economics - 10 stp
The course is administrated by
Norges fiskerihøgskole
Type of course
The subject can be taken as a single subject
Course overlap
SOK-3556 Environment and Development Economics 2 stp
Course contents
The course content will cover natural resource economics broadly, with emphasis on dynamic aspects, including mathematical dynamic optimisation.
Application deadline
Applicants from countries within EU/EEA: December 1st for the spring semester. Exchange students and Fulbright students: 1 October for the spring semester
Admission requirements
9371 - enkeltemner på masternivå
Objective of the course
Students who have successfully completed the course should have achieved the following learning outcomes:
The students will have knowledge of
- Dynamic optimisation
- Renewable and non-renewable natural resource economics and aspects relating to sustainability
- Methods used to assess natural resource values
The students will develop skill to:
- Use dynamic optimization in economic analysis
- formulate and analyze issues related to the economics of natural resources
- apply theoretical concepts and ideas to undertake relevant applied work
Competence: The student should be able to
- read, understand and present economic models and results from current research on natural resource economics
- apply theories and principles and develop expertise in addressing questions related to natural resource management
- discuss and analyse central questions pertaining to the present situation related to renewable and non-renewable natural resources
Language of instruction
English.
Teaching methods
Lectures and seminars.
Assessment
4 hour written exam in mathematics (counts 40%). Term paper (counts 60%). Evaluated with grades A - F, where F is failed.
Coursework requirements:
- Oblig 1: Termpaper
- Oblig 2: Presentation
- Oblig 3. Pass one of two datalab reports
Re-sit exam: A re-sit exam and/or term paper is offered in the beginning of the next semester.
Date for examination
Assignment hand in date 13.06.2022;Take-home exam hand out date 16.03.2022 hand in date 16.03.2022;Assignment hand in date 13.06.2022
The date for the exam can be changed. The final date will be announced at your faculty early in May and early in November.