SØK1101 - Environmental and Resource Economics


Examination arrangement

Examination arrangement: Written examination
Grade: Letters

Evaluation Weighting Duration Grade deviation Examination aids
Written examination 100/100 4 timer

Course content

This course gives an introduction to environmental and resource economics. Emphasis is put on how economic theories can be used to discuss environmental issues and problems, e.g.: How to assess economic goals and needs between generations? What is sustainable development? What do we mean by efficient utilisation of the environment? Environmental regulation – why and how? Optimal pollution control - when and how? The course covers economical analysis and methods for environmental accounting, the theory on optimal management and use of renewable and non-renewable natural resources, valuation of the environment, and international environmental problems and agreements.

Learning outcome

You learn
- simple models of the relationship between economic activity and the environment
- how to determine the optimal level of pollution and the optimal use of a natural resource from an economic point of view
- how various policies, such as taxes, subsidies, and quotas, can be used to realize the optimal solution when markets fail
- about policies related to exhaustion of non-renewable resources and overutilization of renewable resources, common pool problems and sustainability concepts

You should be able to
- use microeconomic models to analyze environmental and resource economic issues, for instance the impact of imposing emission taxes on polluting firms, CO2 quotas and economic efficiency, and the impact of direct and indirect regulations on the economic surplus and harvest in a fishery

General competence
You should be able to
- follow economic reasoning related to the course in the public debate and professional reports

Learning methods and activities

Lectures and practical assignments. Compulsory activity: 1 approved term paper.

Compulsory assignments

  • One approved term paper.

Required previous knowledge


Course materials

Announced at the beginning of the term.

Credit reductions

Course code Reduction From To
SVSØ001 7.5
More on the course



Version: 1
Credits:  7.5 SP
Study level: Foundation courses, level I


Term no.: 1
Teaching semester:  SPRING 2016

Language of instruction: English


Subject area(s)
  • Industrial Ecology
  • Social Sciences
  • Economics
  • Technological subjects
Contact information
Course coordinator: Lecturer(s):

Department with academic responsibility
Department of Economics


Examination arrangement: Written examination

Term Status code Evaluation Weighting Examination aids Date Time Examination system Room *
Autumn ORD Written examination 100/100 2015-12-09 09:00
Room Building Number of candidates
Spring ORD Written examination 100/100 2016-05-30 09:00
Room Building Number of candidates
  • * The location (room) for a written examination is published 3 days before examination date. If more than one room is listed, you will find your room at Studentweb.

For more information regarding registration for examination and examination procedures, see "Innsida - Exams"

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