TE534 Economics of Natural Resources

6 ECTS - 3-0 Duration (T+A)- . Semester- 3 National Credit

Information

Code TE534
Name Economics of Natural Resources
Term 2024-2025 Academic Year
Semester . Semester
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 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

Update Time: 13.05.2024 11:34