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Environmental and Natural Resource Economics B100:4 7.5 credits

About the course

The aim of the course is to offer an insight in environmental and natural resource economics and a deeper analysis of environmental policy instruments. The concept of natural resources is applied on renewable resources, such as forests, but also on non-renewable resources such as oil and minerals. The resource allocation is analyzed within the framework of perfect competition but also in situations where the markets are characterized by imperfect competition and negative externalities. The theoretical models are applied on different kind of environmental issues. Central questions are: How much shall we spend on improving the environment? How efficient are different policy instruments?

The course also introduces various econometric methods, such as binary models, to determine the value of non-market priced resources, e.g. rare species. Other models to determine the effect of different environmental policies are also introduced.

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Please be aware that the University is a public authority and that what you write here can be included in an official document. Therefore, be careful if you are writing about sensitive or personal matters in this contact form. If you have such an enquiry, please call us instead. All data will be treated in accordance with the General Data Protection Regulation.

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