731381 Advanced natural resource economics
- Type
- Lecture
- Semester hours
- 2
- Lecturer (assistant)
- Organisation
- Offered in
- Wintersemester 2022/23
- Languages of instruction
- Deutsch
- Content
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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
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- 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.