Postgraduate Programme and Module Handbook 2024-2025
Module ECON44615: NATURAL RESOURCE ECONOMICS
Department: Economics
ECON44615: NATURAL RESOURCE ECONOMICS
| Type | Tied | Level | 4 | Credits | 15 | Availability | Available in 2024/2025 | Module Cap |
|---|
| Tied to | L1T109 |
|---|---|
| Tied to | L1T409 |
| Tied to | L1T609 |
Prerequisites
- None
Corequisites
- None
Excluded Combination of Modules
- None
Aims
- To provide the students with an advanced knowledge and critical understanding of issues related to natural resource management.
Content
- Topics are likely to include:
- 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 Forests: 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 | |
|---|---|---|---|---|---|
| Lectures | 10 | 1 per week | 2 hour | 20 | |
| Seminars | 4 | Fortnightly | 1 hour | 4 | ■ |
| Revision Session | 1 | Once | 2 hour | 2 | |
| Preparation and Reading | 124 | ||||
| Total | 150 |
Summative Assessment
| Component: Examination | Component Weighting: 100% | ||
|---|---|---|---|
| Element | Length / duration | Element Weighting | Resit Opportunity |
| One in-person written examination | 2 hours | 100% | Same |
Formative Assessment:
One formative assessment to prepare students for the summative exam.
■ Attendance at all activities marked with this symbol will be monitored. Students who fail to attend these activities, or to complete the summative or formative assessment specified above, will be subject to the procedures defined in the University's General Regulation V, and may be required to leave the University