2024

Environmental and Natural Resource Economics

Name: Environmental and Natural Resource Economics
Code: ECN02363L
6 ECTS
Duration: 15 weeks/156 hours
Scientific Area: Economy

Teaching languages: Portuguese
Languages of tutoring support: Portuguese, English
Regime de Frequência: Presencial

Sustainable Development Goals

Learning Goals

- Presentation of the economic principles in which the analysis of the exploitation of environment and natural resources is based;
- Modelling the economic exploitation of renewable natural resources (bioeconomy) and not renewable natural resources (geoeconomy);
- The context macroeconomic and microeconomic
Transferable Skills:
- Professional skills: Capacity to analyse the economic activity in its diverse dimensions (local, regional, national and international), allowing the future incorporation in economic organizations;
- General skills: responsibility; Independent reasoning, decision and innovation;
- Specific skills: Basic knowledge of specialization areas in economics; Understand and criticise the economic effects of environmental and natural resource policies.

Contents

1- Place of natural and environmental resources in different socio-economic prospects.
2- Individual utilities and economic welfare.
3- Externalities and public goods.
4- Traditional and non-traditional perspectives of evolution.
5- Methods of evaluation of environmental goods.
6- Cost-benefit analysis.
7- Sustainable economic development, integrated with environmental issues.
8- Economic exploitation of natural resources.
9- Management of renewable natural resources.
10- Economic management of fisheries.
11- Economic management of forests.
12- Economic management and distribution of water resources.
13- Economy and environment.

Teaching Methods

The contends of interest are presented in theoretical-practical classes
The final classification results from the weighted average classification in two written tests, or from a final exam.

Assessment

The course has two types of assessment: continuous assessment regime and exam regime.
 
The continuous assessment system consists of a written test (50%) and a paper (50%). Students must attend at least 75% of classes to opt for the continuous assessment regime.

December 17th final paper.
December 19th test.
 
In the exam regime, students take a final written test.

Teaching Staff