731381 Advanced natural resource economics


Type
Lecture
Semester hours
2
Lecturer (assistant)
Kirchner, Mathias , Schmidt, Johannes
Organisation
Offered in
Wintersemester 2019/20
Languages of instruction
Deutsch

Content

Stylized facts regarding economic growth and resource use; basic intertemporal equilibrium models addressing the efficient allocation of natural and manmade capital; Intertemporally optimal management of renewables resources in market economies; Sustainable economic growth?; Economic valuation of non-marketed natural resources; Main valuation methods; Case studies; Environment and natural resources within macroeconomic accounting; Ecological accounting with application to energy supply and climate change.

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Previous knowledge expected



Objective (expected results of study and acquired competences)

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Familiarity with basic notions of natural resource economics regarding the intergenerational-efficient allocation of renewable resources in market economies. In particular, the trade-off between economic growth and natural resource sustainability is addressed. Moreover, main practical methods of valuing non-marketed natural resources are presented focusing especially on resource oriented macroeconomic accounting with respect to energy and climate policy.

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You can find more details like the schedule or information about exams on the course-page in BOKUonline.