Terminated in academic year 2019/2020

Natural resource economics

Type of study	Follow-up MasterBachelor
Language of instruction	English
Code	156-0556/01
Abbreviation	NRE
Course title	Natural resource economics
Credits	4
Coordinating department	Department of Applied Economics
Course coordinator	Dr. Stefano Mainardi

Subject syllabus

1. Basic concepts

2. Common property, public goods, and renewable resource use
. Fisheries economics
. Economics of forest conservation
. Sustainable water resource management

3. Mineral scarcity and resource allocation over time
. Geological occurrence and economic feasibility
. Theory of non-renewable resource use
. Mineral supply and demand: analysis and modelling
. Mining investment: terminology and elements of project appraisal

4. Natural resources and environmental accounting
. Natural capital and long-term sustainability
. National income and green accounting

5. Food security, soil erosion and degradation

6. Public choice and environmental externalities

7. Statistical modelling with computer applications on various areas of natural resource economics

Literature

Harris, J., B. Roach (2014): Environmental and Natural Resource Economics. A Contemporary Approach, Routledge, Oxford.

Advised literature

Amundsen, E., T. Bjørndal, J. Conrad (1995): Open Access Harvesting of the Northeast Atlantic Minke Whale, Environmental and Resource Economics, 6(2), 167-185.

Bulte E. (2003): Open Access Harvesting of Wildlife: The Poaching Pit and Conservation of Endangered Species, Agricultural Economics, 28(1), 27-37.

Carlisle, D. (1954): The Economics of a Fund Resource with Particular Reference to Mining, American Economic Review, 44, 595-616.

Coppola, G., S. Pascoe (1998): A Surplus Production Model with a Nonlinear Catch-Effort Relationship, Marine Resource Economics, 13, 37-50.

Devarajan, S., A.C. Fisher (1981): Hotelling’s ‘Economics of Exhautible Resources’: Fifty Years Later, Journal of Economic Literature, 19(1), 65-73.

Fields, B. (2001): Natural Resource Economics. An Introduction, Waveland Press, Illinois.

Fox, W.J. (1970): An Exponential Surplus-Yield Model for Optimising Exploited Fish Populations. Transactions of the American Fisheries Society, 99(1), 80-88.

Gocht, W.R., H. Zandop, R.G. Eggert (1988): International Mineral Economics, Springer Verlag, Berlin.

Hannesson, R. (2008): Sustainability of Fisheries, Electronic Journal of Sustainable Development, 1(2), 13-22.

Hotelling, H. (1931): The Economics of Exhaustible Resources, Journal of Political Economy, 39(2), 137-175.

Johansson, P.O., K.G. Löfgren (1985): The Economics of Forestry and Natural Resources, Blackwell, Oxford.

Kemp, M.C., N.V. Long (Eds.) (1984): Essays in the Economics of Exhaustible Resources, North Holland, Amsterdam.

Klamperer, W.D. (1996): Forest Resource Economics and Finance, McGraw-Hill, Singapore.

Kremer, M., C. Morcom (2000): Elephants, American Economic Review, 90(1), 212-234.

Krishnan, R., J. Harris, N. Goodwin (Eds.) (1995): A Survey of Ecological Economics, Island Press, Washington DC.

Kula, E. (1994): Economics of Natural Resources, the Environment and Policies, Chapman&Hall, London.

Mkenda, A., H. Folmer. (2001): The Maximum Sustainable Yield of Artisanal Fishery in Zanzibar: A Cointegration Approach, Environmental and Resource Economics, 19(4), 311-328.

back to search page