course-details-portlet

SØK3524

Environmental and Resource Economics

This course is no longer taught and is only available for examination.

Credits 15
Level Second degree level
Language of instruction Norwegian
Location Trondheim
Examination arrangement School exam

About

About the course

Course content

The first part of the course includes the theory of external effects, institutions and environmental issues. Theories of environmental regulations and models of climate change and other international environmental issues are discussed. In the part on natural resources, models for optimal management of fish, wood and wildlife will be analysed, in addition to models for non-renewable resources as oil. These problems are mainly dynamic, and the main principles of optimal control theory and dynamic programming will be presented.

Learning outcome

Knowledge

You learn

  • models of the interaction between economic and human activity and the environment
  • to analyze static and dynamic environmental- and resource economic problems
  • local, national, and international aspects of environmental- and natural resource problems
  • to analyze the impact of different types of regulation related to pollution, extraction of non-renewable resources such as oil and minerals, and harvesting of renewable resources such as fish and forest

Skills

You should

  • master basic environmental- and resource economic theories and be familiar with the facts
  • have good knowledge of the national and international debate on the climate and pollution problems
  • be able to analyze several environmental- and resource economic problems with theoretical models

General competence

You should be able to

  • read and understand reports and research articles dealing with issues discussed in the course
  • use the content of the course in your own academic work like your master thesis

Learning methods and activities

4 hours of lectures every week. The course has compulsory activity. Specific requirements will be announced at the beginning of the term. The course is an optional master's course, and is not taught every autumn semester. Check www.ntnu.edu/econ.

Students enrolled in ISØ's master programs can take the course any semester. Contact the department (kontakt@econ.ntnu.no) to get access to learning resources in Blackboard.

Compulsory assignments

  • Obligatory course work

Further on evaluation

Approved compulsory activity applies to later semesters.

Specific conditions

Required previous knowledge

None

Course materials

Announced at the beginning of the term.

Credit reductions

Course code Reduction From
SØK3512 15 sp Autumn 2007
SØK8624 10 sp Autumn 2010
SØK3534 7.5 sp Autumn 2025
This course has academic overlap with the courses in the table above. If you take overlapping courses, you will receive a credit reduction in the course where you have the lowest grade. If the grades are the same, the reduction will be applied to the course completed most recently.

Subject areas

  • Economics
  • Social Sciences

Contact information

Course coordinator

Department with academic responsibility

Department of Economics

Examination

Examination

Examination arrangement: School exam
Grade: Letter grades

Ordinary examination - Autumn 2025

School exam
Weighting 100/100 Examination aids Code C Date 2025-11-21 Time 09:00 Duration 5 hours Exam system Inspera Assessment
Place and room for school exam

The specified room can be changed and the final location will be ready no later than 3 days before the exam. You can find your room location on Studentweb.

Sluppenvegen 14
Room SL111 grønn sone
1 candidate

Ordinary examination - Spring 2026

School exam
Weighting 100/100 Examination aids Code C Duration 5 hours Exam system Inspera Assessment Place and room Not specified yet.