290034 Thematic Course: Applied Environmental and Natural Resource Economics

Details
Responsible DepartmentInstitute of Food and Resource Economics

Earliest Possible YearMSc. 1 year
DurationTwo blocks
 
Credits15 (ECTS)
 
Level of CourseMSc
 
ExaminationFinal Examination

written examination and oral examination


All aids allowed

Description of Examination: During the course the participants submit three large individual mandatory written exercises. In an final oral examination the examinee presents one of the written exercises, which is randomly selected.

Weight: The written exercises counts 50 % The oral examination counts 5o %



7-point scale, external examiner
 
Requirement for Attending ExamFour small mandatory exercises (made in the first 14 days) must be passed. Oral presentation in class of a selected topic based on a distributed paper/article must be made.
 
Organisation of TeachingLectures, seminars, written exercises, oral presentation.
 
Block PlacementBlock 3
Week Structure: A

Block 4
Week Structure: A
 
Language of InstructionEnglish
 
Optional Prerequisites290009 Economic Theory of Environmental Policy
290044 Economic Valuation Methods and Cost-Benefit Analysis
290024 Natural Resource Economics
 
RestrictionsNone
 
Course Content
The course will be build around one central theme which is water. The course consist of two main parts. First water form the point of view of natural science is a theme and, second, water from the point of view of economics is examined. The first part (natural science) consists of the first 14 days and the following themes are presented:

1. Overview of the hydrological cycle. Precipitation, evapotranspiration, surface runoff, groundwater recharge, groundwater reservoir types and groundwater flow.
2. Water quality of surface and groundwater. Nutrients, pesticides and other contaminants. Bonding, degradation and leaching.
3. Water use and plant production. Irrigation. Water efficiency
4. Land use and nitrogen pollution. Modelling.

In the first part four small mandatory exercises is posed and these must be passed in order to go to the final examination.

The second part of the course (economics) last the rest of the time and here the following topic are examined:

1. Private optimal water use models.
2. Social optimal water use models.
3. Water use and pollution.
4. General equilibrium and water use.
5. Water and valuation.
6. Game theoretical water use models.
7. Supply of water.
8. International water use models.

The last part of the course consists of the following parts. Lectures are given to provide insight into the theoretical and methodological background of the overall themes chosen. The participants submit three large written exercises and make an oral presentation in class of a selected topic based on a distributed paper/article.

 
Teaching and learning Methods
Teaching is in the form of lectures and supervision in relation to exercises and the preparation of oral presentation.
 
Learning Outcome
The first 14 days of the course consists of presentation of a selected topic from the point of view of natural science. One objective of the course is that students shall be able to integrate natural science and economics.

In addition, assuming that the participants already have a comprehensive understanding of environmental and natural resource economics, it is the objective of this course to provide opportunities to apply this knowledge to specific environmental and natural resource problems.

When the course is finished it is expected that the student can:

Knowledge:
-Give an overview of a topic from the point of view of natural science.
-Describe and identify central themes in environmental economics.
-Define and express central arguments in environmental policy.

Skills:
-Integrate natural science and economics.
-Analyse environmental problems using economic theory.
-Apply economic theory to environmental policy.

Competences:
-Identify the border lines between economics and natural science.
-Discuss advanced environmental and natural resource economics focussing on theories
-Cooperate with other course participants.

 
Course Literature
Will be announced later
 
Course Coordinator
Frank Jensen, fje@foi.dk, Institute of Food and Resource Economics/Unit of Environmental and Natural Resource Economi, Phone: 353-36898
 
Study Board
Study Committee NSN
 
Work Load
lectures54
theoretical exercises187
examination100
Excursions50
supervision20
examination1

412