Course Contents
The course provides an overview of basic economic principles in the context of natural resources. The students get introduced to markets, supply and demand, problems that natural resource economics deals with and possible solutions. This includes sustainability (of renewable and non-renewable resources), globalisation, public policy, valuation of resources and property rights. This is followed by an overview of different sectors of industries related to natural resources. That includes petroleum and hydrocarbon exploration and production, the water cycle and aquifers, mineral exploration and exploitation and an overview over the industrial minerals sector.
Literature
Barry C. Field: Natural Resource Economics: An Introduction. Waveland Press, 3rd Ed., 2015
John V. Walther: Earth’s Natural Resources. Jones & Bartlett, 2013
Sustainability Reference of the Course Contents
This class conveys basic economics in the context of natural resources. Students learn about how natural resources are used, valued and distributed. One central theme of the class is sustainable natural resource use and how it can be achieved economically.
Online Offerings
Moodle
The course provides an overview of basic economic principles in the context of natural resources. The students get introduced to markets, supply and demand, problems that natural resource economics deals with and possible solutions. This includes sustainability (of renewable and non-renewable resources), globalisation, public policy, valuation of resources and property rights. This is followed by an overview of different sectors of industries related to natural resources. That includes petroleum and hydrocarbon exploration and production, the water cycle and aquifers, mineral exploration and exploitation and an overview over the industrial minerals sector.
Literature
Barry C. Field: Natural Resource Economics: An Introduction. Waveland Press, 3rd Ed., 2015
John V. Walther: Earth’s Natural Resources. Jones & Bartlett, 2013
Sustainability Reference of the Course Contents
This class conveys basic economics in the context of natural resources. Students learn about how natural resources are used, valued and distributed. One central theme of the class is sustainable natural resource use and how it can be achieved economically.
Online Offerings
Moodle
- Lehrende: FalkenrothMichaela
Semester: WT 2023/24