This syllabus is valid: 2017-09-04
and until further notice
Course code: 2NE082
Credit points: 7.5
Education level: Second cycle
Main Field of Study and progress level:
Economics: Second cycle, has second-cycle course/s as entry requirements
Grading scale: Three-grade scale
Responsible department: Department of Economics
Established by: Rector of Umeå School of Business and Economics, 2017-08-31
Contents
The course contains theoretical studies on how microeconomics is used for analyzing natural resource problems. Theories on sustainable and efficient use of renewable resources will be presented. Attention will also be on theories on optimal use of non-renewable resources. The uses of many natural resources are regulated through some form of policy measure. A part of the course is, therefore, devoted to theories on market and regulation failures and the possibilities and limitations of different policy measures when it comes to correcting these failures. The course also involves a small course project on a chosen natural resource problem, which should be presented in written form and at a seminar.
Expected learning outcomes
After completion of this course, students should: - Be able to read and interpret advanced literature on resource economic issues, - Be able to apply advanced economic theory to analyze typical natural resource management problems, - Be able to report and present their findings in written form and in a seminar, - Have insights about the need for government policy measures in different resource economic areas and the possibilities and limitations of different policy measures.
Required Knowledge
90 ECTS of undergraduate courses in economics, whereof 30 ECTS on C-level (G2F). Proficiency in English equivalent to the Swedish upper secondary course English B/6. Mathematical Economics I D7, Econometrics I D12 and Microeconomic Analysis I D25, or the equivalent.
Form of instruction
The education will take the form of lectures, excercises and seminars.
Examination modes
The examination consist of written examination in the end of the course, assignments and seminars. The result from mid-module exams, assignments and seminars are only valid during the current semester.
A second exam opportunity is always offered within a short time span after the regular exam date for those students not achieving a Pass. The subsequent exam opportunity is either the re-take opportunity the week before the fall semester or the next regular exam date.
It is normally not possible to take additional examinations to reach a higher grade. Exceptions can be made for a student with the grade Fail on any of the examinations if the examiner (not the lecturer) finds this appropriate. The task must be a minor undertaking, closely related to the learning outcome not reached, and performed in close proximity to the original examination.
When a student has failed an examination on two occasions, he or she has a right to have another grading teacher. A written request for an alternative examiner should be handed to the Dean of the Business School no later than two weeks before the next examination opportunity.
Credit transfer Academic credit transfers are according to the University credit transfer regulations.
Literature
The literature list is not available through the web.
Please contact the faculty.
