This is an archived handbook for a previous year. The current undergraduate and postgraduate handbooks can be viewed using the links above.
Postgraduate Handbook 2019-2020 (archived)
Module ECON44615: NATURAL RESOURCE MANAGEMENT
Department: Economics and Finance
ECON44615: NATURAL RESOURCE MANAGEMENT
| Type | Level | Credits | Availability | Module Cap | Location |
|---|---|---|---|---|---|
| Tied | 4 | 15 | Available in 2019/2020 | Durham |
Tied To
- L1T109: Economics
- L1T209: Public Economics
- L1T309: Experimental Economics
- L1T409: Environmental & Natural Resource Economics
Pre-requisites
- None
Corequisites
- None
Excluded Combinations
- None
Aims
- To provide the students with an advanced knowledge and critical understanding of issues related to natural resource management.
Content
- Introduction to Natural Resource Constraints.
- Ecological Systems over Time.
- Population Models.
- Optimal Resource Management over Time.
- Renewable Resource Economics.
- Non-Renewable Resource Economics.
- Fisheries and Forsets: Optimal Harvesting, Stock Recovery, and Assessing Extinction.
Learning Outcomes
Subject-specific Knowledge
- Be able to interpret scholarly literature at the frontier of research in natural resource management;
- Have an advanced knowledge and critical understanding of the contribution of economic analysis to problems in natural resource economics.
- Have a critical knowledge of, and be able to engage in advanced discussion of, current theoretical and empirical research in the field of natural resource economics.
Subject-specific Skills
- Have acquired relevant analytical techniques for own analysis of resource problems.
- Be able to apply advanced problem-solving and analytical skills to complex issues in natural resource management.
Key Skills
- Written Communication;
- Planning, Organising and Time Management;
- Problem Solving and Analysis;
- Using initiative;
- Numeracy;
- Computer Literacy.
Modes of Teaching, Learning and Assessment and how these contribute to the learning outcomes of the module
- A combination of lectures, seminars and guided reading will contribute to achieving the aims and learning outcomes of this module. The seminars will train the students to solve analytical problems in natural resource management, identify and critically discuss its applications as well as giving students opportunity to identify research questions.
- The summative written examination will test students' knowledge and critical understanding of the material covered in the module, their analytical and problem-solving skills.
Teaching Methods and Learning Hours
| Activity | Number | Frequency | Duration | Total Hours | Attendance Monitored |
|---|---|---|---|---|---|
| Lectures | 10 | 1 per week | 2 hour | 20 | |
| Seminars | 4 | Fortnightly | 1 hour | 4 | Yes |
| Preparation and Reading | 126 | ||||
| Total | 150 |
Summative Assessment
| Component | Component Weighting | Element | Length/Duration | Element Weighting | Resit Opportunity |
|---|---|---|---|---|---|
| Examination | 100% | Unseen written examination | 2 hours | 100% | Same |
Formative Assessment
Students will receive written comments on a formative written assignment. Additional formative assessment, and feedback, may take a number of forms such as oral feedback on work prepared by students for seminars; answers to questions either discussed during a seminar, or posted on DUO.
Students who do not attend monitored activities shown under Teaching Methods
and Learning Hours, or who fail to complete the summative or formative
assessment(s) specified above, may be subject to the Academic Progress
procedures defined in the University's General Regulation V, and may be
required to leave the University.