Economics of Natural Resources

Code:

2EE325

Acronym:

ERN

Keywords
Classification	Keyword
OFICIAL	Economics

Instance: 2009/2010 - 2S

Active?	Yes
Responsible unit:	Grupo de Economia
Course/CS Responsible:	Master in Economics

Cycles of Study/Courses

Acronym	No. of Students	Study Plan	Curricular Years	Credits UCN	Credits ECTS	Contact hours	Total Time
EGA	1	Bologna Official Syllabus	1	-	7,5	63	202,5
EGI	2	Bologna Official Syllabus	1	-	7,5	63	202,5
ME	2	Bologna Official Syllabus -2009	1	-	7,5	63	202,5

Teaching language

Portuguese

Objectives

In this course we explore the fundamental topics on NR, subject to the diversified background of students. The course is based on the fact that theoretical problems involved in the Economics of NR are not unique to NR industries. However, these industries present three very specific features that make them really unique: (1) they are inherently dynamic;(2) externalities are prevalent and so are market failures; (3) economic rent is fundamental to NR industries.
At the end of the course, the students must be able :
- to understand the multiple aspects of natural resources economic and political problems
- to take informed actions related to NR under different circumstances.
- to pursue their research either on NR economics or NR management issues.

Program

1 - Economic and Environmental Values.
2 - Sustainable Economic Growth and development.
3 - The Environmental Economic Interaction.
4 - Methodologies.
5 - DIscussion on possible topics for research essays
6 - Essays supervision. Topics discussion.
7 - Essays presentation.

Teaching methods and learning activities

Tutorials

Evaluation Type

Distributed evaluation without final exam

Assessment Components

Description	Type	Time (hours)	Weight (%)	End date
Attendance (estimated)	Participação presencial	45,00
	Total:	-	0,00

Calculation formula of final grade

Assignments: 10%
Intermediate report: 25%
Essay: 65%

Special assessment (TE, DA, ...)

According to the faculty rules

Classification improvement

According to the faculty rules.