| Institute of Food and Resource Economics | |||||||||||||||||||||
| Earliest Possible Year | BSc. 2 year to MSc. 2 year | ||||||||||||||||||||
| Duration | One block | ||||||||||||||||||||
| Credits | 7.5 (ECTS) | ||||||||||||||||||||
| Course Level | Joint BSc and MSc B.Sc. course in Agricultural Economics curriculum. Common course in other curriculums. | ||||||||||||||||||||
| Examination | Final Examination written examination Written Exam in Lecturehall All aids allowed Description of Examination: Four hours written exam in curriculum Weight: 100 % 7-point scale, internal examiner Dates of Exam: 19 June 2009 | ||||||||||||||||||||
| Organisation of Teaching | Lectures and Practicals | ||||||||||||||||||||
| Block Placement | Block 4 Week Structure: C | ||||||||||||||||||||
| Teaching Language | English | ||||||||||||||||||||
| Mandatory Prerequisites | 290025 290037 | ||||||||||||||||||||
| Restrictions | None | ||||||||||||||||||||
| Course Contents | |||||||||||||||||||||
| This course gives a broad introduction th the economics of natural resources and the enviromnent. Core components of the course are: (a) Externalities and the design of policy instruments to adress environmental problems; (b) The economic concept of value and measurement of environmental and natural resource benefits using non-market valuation methods; (c) Optimal utilisation of renewable and non-renewable natural resources. During the course the students will develop a systematic understanding of the economic rationale behind the use of environmental policy instruments, economic valuation principles, and criteria for optimal use of natural resources | |||||||||||||||||||||
| Teaching And Learning Methods | |||||||||||||||||||||
| Teaching is in the form of lectures, group work and practicals. Lectures will present the central themes of the curriculum while practicals will focus on exercises based on previous written exams in the various subjects addressed in the course. | |||||||||||||||||||||
| Learning Outcome | |||||||||||||||||||||
| The course gives a broad introduction to the principles of environmental and natural resource economics. The course will provide the participants a tool box adequate to adress a wide scope of environmental problems and also a theoretical basis required to take the advanced courses in environmental and natural resource economics at the graduate level. After having completed the course it is expected that the student is able to: Knowledge: - Define externalities - Describe policy instruments to counteract externalities - Be able to distinguish between efficient and effective regulation - Define non-market economic concepts of valuation and measurement of environmental and natural resources - Classify renewable and non-renewable natural resources - Awareness of the ethical concepts underlying environmental and natural resource economics analyses Skills: - Construct small mathematical programmes to illustrate the course issues - Evaluate the consequenses of applying a policy instrument to address an environmental problem Competences: - Apply the principles of environmental and natural resource economics to understand policy issues in these fields | |||||||||||||||||||||
| Course Litterature | |||||||||||||||||||||
| Perman, R., Y. Ma, J. McGilvray & M. Common: Natural Resource and Environmental Economics, Longman, 3rd edition, 2003. | |||||||||||||||||||||
| Course Coordinator | |||||||||||||||||||||
| Peter Fristrup, pefr@life.ku.dk, Institute of Food and Resource Economics/Environmental Economics and Rural Development Div., Phone: 35333641 | |||||||||||||||||||||
| Study Board | |||||||||||||||||||||
| Study Committee NSN | |||||||||||||||||||||
| Course Scope | |||||||||||||||||||||
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