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Durham University

Postgraduate Modules 2019/2020

Module Description

Please ensure you check the module availability box for each module outline, as not all modules will run in each academic year. Each module description relates to the year indicated in the module availability box. Please be aware that modules may change from year to year, and may be amended to take account of, for example: changing staff expertise, disciplinary developments, the requirements of external bodies and partners, and student feedback.

Department: Economics and Finance

ECON44615: NATURAL RESOURCE MANAGEMENT

Type Tied Level 4 Credits 15 Availability Available in 2019/20
Tied to L1T109 Economics
Tied to L1T209 Public Economics
Tied to L1T309 Experimental Economics
Tied to L1T409 Environmental & Natural Resource Economics

Prerequisites

  • None

Corequisites

  • None

Excluded Combination of Modules

  • None

Aims

  • To provide the students with an advanced knowledge and critical understanding of issues related to natural resource management.

Content

  • Introduction to Natural Resource Constraints.
  • Ecological Systems over Time.
  • Population Models.
  • Optimal Resource Management over Time.
  • Renewable Resource Economics.
  • Non-Renewable Resource Economics.
  • Fisheries and Forsets: Optimal Harvesting, Stock Recovery, and Assessing Extinction.

Learning Outcomes

Subject-specific Knowledge:
  • Be able to interpret scholarly literature at the frontier of research in natural resource management;
  • Have an advanced knowledge and critical understanding of the contribution of economic analysis to problems in natural resource economics.
  • Have a critical knowledge of, and be able to engage in advanced discussion of, current theoretical and empirical research in the field of natural resource economics.
Subject-specific Skills:
  • Have acquired relevant analytical techniques for own analysis of resource problems.
  • Be able to apply advanced problem-solving and analytical skills to complex issues in natural resource management.
Key Skills:
  • Written Communication;
  • Planning, Organising and Time Management;
  • Problem Solving and Analysis;
  • Using initiative;
  • Numeracy;
  • Computer Literacy.

Modes of Teaching, Learning and Assessment and how these contribute to the learning outcomes of the module

  • A combination of lectures, seminars and guided reading will contribute to achieving the aims and learning outcomes of this module. The seminars will train the students to solve analytical problems in natural resource management, identify and critically discuss its applications as well as giving students opportunity to identify research questions.
  • The summative written examination will test students' knowledge and critical understanding of the material covered in the module, their analytical and problem-solving skills.

Teaching Methods and Contact Hours

Activity Number Frequency Duration Total/Hours
Lectures 10 1 per week 2 hour 20
Seminars 4 Fortnightly 1 hour 4
Preparation and Reading 126
Total 150

Summative Assessment

Component: Examination Component Weighting: 100%
Element Length / duration Element Weighting Resit Opportunity
Unseen written examination 2 hours 100% Same

Formative Assessment:

Students will receive written comments on a formative written assignment. Additional formative assessment, and feedback, may take a number of forms such as oral feedback on work prepared by students for seminars; answers to questions either discussed during a seminar, or posted on DUO.


Attendance at all activities marked with this symbol will be monitored. Students who fail to attend these activities, or to complete the summative or formative assessment specified above, will be subject to the procedures defined in the University's General Regulation V, and may be required to leave the University


    If you have a question about Durham's modular degree programmes, please visit our User Guide. If you have a question about modular programmes that is not covered by the User Guide, or a query about the Postgraduate Module Handbook, please contact us using the Comments and Questions form below.