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Semester Offering: | ||||||||||||
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The main objective of the course is to introduce the concepts and tools used by economists in the context of natural resource and environmental development, and show how to analyze problems associated with various types of natural resources using those concepts and tools. The course is designed to serve students coming from different academic background and with limited prior exposure to economic theories and natural resource management.
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Upon completion of the course, the students will be able to:
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I. Introduction to Natural Resources Economics
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None
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Learning Resources: | ||||||||||||
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1. Daly, H.E., Farley, J., 2010. Ecological economics: principles and applications. Island Press, Washington D.C.
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1. Hanley, N., Barbier, E.B., 2009. Pricing nature: Cost-benefit analysis and environmental policy. Edward Elgar Publishing.
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1. Ecological Economics [Elsevier]
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Lecture: 30 hours
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Lectures in hybrid classroom, readings, discussions, mini presentation.
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The mid-term and final exams carry 35 and 45% weight respectively, while the presentation carries 20% of the grade. Grade “A” will be awarded if a student can demonstrate thorough knowledge and mastery of concepts and techniques and understanding of subject matter with high degree of skill to relate them with real world examples. Grade “B” will be awarded if a student can demonstrate good knowledge and mastery of concepts and understanding of subject matter with good skill of relating them with real work cases. Grade “C” will be given if a student can demonstrate some knowledge of the concepts and understanding but lacks skill of relating them with real world cases. Grade “D” will be given if a student has poor understanding of concepts and techniques with no or little skill to relate with real world cases. Grade “F” will be given if student demonstrates very poor and limited knowledge and understanding of concepts and lacks the skill to relate with real world cases.
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