TÜRKÇE
ENGLISH
Information
| Code | TE534 |
| Name | Economics of Natural Resources |
| Term | 2024-2025 Academic Year |
| Term | Spring |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 6 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | Türkçe |
| Level | Belirsiz |
| Type | Normal |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. HAYDAR ŞENGÜL |
| Course Instructor |
1 |
Course Goal / Objective
To enable students to comprehend the mutual interaction between economic activities and environment in terms of social welfare ofcurrent and future generations; to introduce poicies and analysis tools for the use, protection and development of natural resources and the environment; the abilityto analayze and interpret the current environmental issues through economic approach.
Course Content
Natural resources economics; definition, scope, basic concepts and issues, Characteristics of natural resources and environment, market, externalities and market imperfections, solutions for externalities, The economic principles of oil and mining operations, Renewable biological sources, Interaction between agriculture and environment
Course Precondition
None
Resources
- Tietenberg T., Lewis L., Environmental and Natural Reseorce Economics 9th ed. Pearson, 2012.
Notes
Myrick Freeman , The Measurement of Environmental and Resource Values, Resources for the Future, 1993, USA. W.J. Baumol & W. E. Oates, The theory of Environmental Policy, Prentice Hall Inc. USA W.J. Baumol & W. E. Oates, The theory of Environmental Policy, Prentice Hall Inc. USA
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Isable to handle the environmental and natural resource-related issues with a holistic, inter disciplinary, and inter generational approach. |
| LO02 | Is aware of restrictive role of environment and natural recources on economic activities particularly agricultural activities and development |
| LO03 | Isable to employ basic economic analysis and policytools for the use, development, and preservation of environmental and natural sources |
| LO04 | Has the understanding that respect for environment and sustainability principles in decision making processes. |
| LO05 | Can catch Agriculture-Natural resources and Environment interactions |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Able to further develop and deepen knowledge acquired based on the undergradute level proficiencies in the fields of farm management and agricultural policy | |
| PLO02 | Bilgi - Kuramsal, Olgusal | Able to comprehend interactions among related disciplines and field of agricultural economics | 2 |
| PLO03 | Bilgi - Kuramsal, Olgusal | Able to use theoretical and practical knowledge of agricultural economics in their specialization area | |
| PLO04 | Bilgi - Kuramsal, Olgusal | Able to prepare reports on developments in national economy and agricultural sector; able to critically evaluate historical and actual developments in agriculture and economy; able to observe and interpret economics related publications | |
| PLO05 | Bilgi - Kuramsal, Olgusal | Able to use software widely used in agricultural economics | |
| PLO06 | Bilgi - Kuramsal, Olgusal | Able to combine data of actual developments with his knowledge, data and findings obtained in various disciplines and interpret them while supporting them with qualitative and quantitative data and also forming new knowledge through synthesis | |
| PLO07 | Bilgi - Kuramsal, Olgusal | Ability to take the lead in multidisciplinary teams and work in teams | 2 |
| PLO08 | Beceriler - Bilişsel, Uygulamalı | Able to critically evaluate specialized knowledge and abilities acquired in agricultural economics and direct his/her own learning process | |
| PLO09 | Beceriler - Bilişsel, Uygulamalı | Constantly adapt himself to new scientific developments | 3 |
| PLO10 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Able to use acquired and digested agricultural economics knowledge in multidisciplinary studies, able to explain them, to transfer them to others, able to examine conclusions critically | 4 |
| PLO11 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Able to transfer research results using verbal, written and visual tools | |
| PLO12 | Yetkinlikler - Öğrenme Yetkinliği | Able to collect data according to scientific methods in order to solve economic problems, able to supervise and interprete data collected while taking into consideration social, scientific and ethical values | |
| PLO13 | Yetkinlikler - Öğrenme Yetkinliği | Able to develop analytical approaches in order to solve complicated problems that cannot be forecast beforehand in applications of agricultural economics and policy; able to design research process; able to produce solutions by taking on responsibility and to evaluate and justify solutions |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Natural resources and environmental economics; definition, scope, basic concepts and issues | All lecture notes and resources | Öğretim Yöntemleri: Anlatım, Tartışma |
| 2 | Characteristics of natural resources and environment, market, externalitiesand market imperfections, solutions for externalities | All lecture notes and resources | Öğretim Yöntemleri: Anlatım, Tartışma |
| 3 | The valuation problem for natural resources and environment and valuation methods | All lecture notes and resources | Öğretim Yöntemleri: Anlatım, Tartışma |
| 4 | Taxonomy and properties of natural resources | All lecture notes and resources | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 5 | The economic principles of oil and mining management | All lecture notes and resources | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 6 | Water: as a scarce and renewable resource; water allocation problems | All lecture notes and resources | Öğretim Yöntemleri: Anlatım, Tartışma |
| 7 | Renewable biological natural sources | All lecture notes and resources | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 8 | Mid-Term Exam | Preperation for exam | Ölçme Yöntemleri: Yazılı Sınav |
| 9 | Economic principles for forestry and fishry management | All lecture notes and resources | Öğretim Yöntemleri: Anlatım, Tartışma |
| 10 | Biological and time dimensions of renewable biological resources | All lecture notes and resources | Öğretim Yöntemleri: Anlatım, Tartışma |
| 11 | Natural resources use and environment relationships | All lecture notes and resources | Öğretim Yöntemleri: Anlatım, Tartışma |
| 12 | Environmental polution, policy tools for prevention of pollution | All lecture notes and resources | Öğretim Yöntemleri: Anlatım |
| 13 | Potential of natural resources and economic development | All lecture notes and resources | Öğretim Yöntemleri: Anlatım, Tartışma |
| 14 | Interaction between agriculture and environment | All lecture notes and resources | Öğretim Yöntemleri: Anlatım, Tartışma |
| 15 | General Review | All lecture notes and resources | Öğretim Yöntemleri: Soru-Cevap, Tartışma |
| 16 | Term Exams | Preperation for exam | Ölçme Yöntemleri: Yazılı Sınav |
| 17 | Term Exams | Preperation for exam | Ölçme Yöntemleri: Yazılı Sınav |
Student Workload - ECTS
| Works | Number | Time (Hour) | Workload (Hour) |
|---|---|---|---|
| Course Related Works | |||
| Class Time (Exam weeks are excluded) | 14 | 3 | 42 |
| Out of Class Study (Preliminary Work, Practice) | 14 | 5 | 70 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 0 | 0 | 0 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 15 | 15 |
| Final Exam | 1 | 30 | 30 |
| Total Workload (Hour) | 157 | ||
| Total Workload / 25 (h) | 6,28 | ||
| ECTS | 6 ECTS | ||