The economics of natural resources 886

Module code LEK 886
Qualification Postgraduate
Faculty Faculty of Natural and Agricultural Sciences
Module content

The economics of natural resources. This course will introduce students to the techniques of optimisation overtime, optimal allocation and management of non-renewable and renewable resources, with case studies from Africa. The influence of property rights regimes on optimal natural resource use will also be stressed. The course consists of three main sections: Methods of dynamic optimisation; Theory of exhaustible and renewable resources and growth models; and Property rights and natural resource use with case studies from Africa.

Module credits 15.00
NQF Level 09
Service modules Faculty of Economic and Management Sciences
Prerequisites LEK 810 or equivalent
Contact time 1 lecture per week
Language of tuition Module is presented in English
Department Agricultural Economics Extension and Rural Develo
Period of presentation Semester 2

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