Natural Resource And Environmental Economy
To help students integrate environmental economics in the use of natural
resources and conservation measures in an effort to promote sustainable
activities and policies have role to play in the sustainability of natural resources.
Thus, this course will help the students understand how to attach economic
value to natural resources in order to understand the needs for its sustainable
By the end of this
course, the student should be able to:
Plan and participate in decision making for
environmental and natural resource (including conservation, development, and
restoration) to accomplish objectives of individuals, groups, nations and
groups of nations.
Recognize the true cost of development in
terms of natural resources quality and quantity.
Explain the common economic causes of
environmental and resource policy problems.
Develop competence in using economic
methods to assess environmental resources.
A student completing
the course is expected to:
knowledge of various market failures may lead to environmental degradation or
the overexploitation of natural resources;
§ Apply economic
modelling to evaluate various approaches to the design of efficient environmental
policies and of rules for the optimal management of natural resources;
and analyse simple dynamic models of natural resource management.
models of environmental economics and natural resource management