SOK-3600 Advanced Environmental and Resource Economics - 10 stp

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.

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.

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