course-details-portlet

SØK8634

Environmental and Resource Economics

New from the academic year 2025/2026

Credits 5
Level Doctoral degree level
Course start Autumn 2025
Duration 1 semester
Language of instruction English
Location Trondheim

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)

Required previous knowledge

None

Course materials

Announced at the beginning of the term.

Subject areas

  • Economics
  • Social Sciences

Contact information

Course coordinator

Department with academic responsibility

Department of Economics

Examination

Examination