Course - Environmental and Resource Economics - SØK8634
Environmental and Resource Economics
New from the academic year 2025/2026
About
About the course
Course content
We will discuss the theory of externalities; institutions and environmental issues; environmental regulations; models of climate change and other international environmental issues. We will also cover models for the management of renewable and non-renewable resources. Textbook chapters will be supplemented with research papers presenting applications of the theories discussed to different settings.
Learning outcome
Knowledge
You learn
- to master basic environmental and resource economic theories and should be familiar with the facts
- models of the interaction between economic and human activity and the environment
- local, national, and international aspects of environmental and natural resource problems
Skills
You should be able to
- have a good understanding of the national and international debate on climate and pollution problems
- to analyze static and dynamic environmental and resource economic problems
- be able to analyze several environmental- and resource economic problems with theoretical models
- 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
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
2 hours of lectures every week. The course has compulsory activities. Specific requirements will be announced at the beginning of the term. The term papers can be written as a joint project. The course is not taught every semester. Check courses that are taught at https://www.ntnu.no/econ/valgfrie-masteremner.
Further on evaluation
Compulsory activity must be completed in the semester the course is taught. The approval also applies to later semesters.
Specific conditions
Admission to a programme of study is required:
Economics (MSØK)
Economics (MSØK/5)
Economics and Management (PHOL)
Recommended previous knowledge
Bachelor's degree in Economics
Required previous knowledge
None
Course materials
Announced at the beginning of the term.
Subject areas
- Economics
- Social Sciences