Fall 2021 - ECON 362 E100

Economics of Natural Resources (3)

Class Number: 4726

Delivery Method: In Person

Overview

  • Course Times + Location:

    Sep 8 – Dec 7, 2021: Fri, 4:30–6:20 p.m.
    Burnaby

  • Exam Times + Location:

    Dec 17, 2021
    Fri, 7:00–10:00 p.m.
    Burnaby

  • Prerequisites:

    ECON 103 and 105, with a minimum grade of C-; 60 units.

Description

CALENDAR DESCRIPTION:

Application of economic analysis to natural resource problems and efficient management practice; public policy considerations in respect to development and conservation; benefit-cost analysis. Quantitative.

COURSE DETAILS:

This course introduces students to the economics of both renewable and non-renewable natural resources.  The key objective is to develop an economic perspective of the issues and policies involved in natural resource use. 

The course will begin with an introduction to key economic concepts to study natural resources then we will study applications to natural resource problems related to minerals, energy, water, marine resources and land.

We will use diagrams and basic economic tools to discuss these topics. Emphasis will be in developing the economic intuition and linking the concepts to relevant economic and policy debates.

Topics: property rights and externalities, valuing the environment, depletable resources, energy, recyclable resources, water, land, forests, common pool resources, ecosystems goods and services.

Grading

  • Class participation 10%
  • Weekly assignments 60%
  • Final exam 30%

Materials

REQUIRED READING:

Tietenberg, Tom and Lynne Lewis, Natural Resource Economics: The Essentials, Routledge, 1st edition


Department Undergraduate Notes:

Please note that, as per Policy T20.01, the course requirements (and grading scheme) outlined here are subject to change up until the end of the first week of classes.

Final exam schedules will be released during the second month of classes. If your course has a final exam, please ensure that you are available during the entire final exam period until you receive confirmation of your exam dates. 

Students requiring accommodations as a result of a disability must contact the Centre for Accessible Learning (CAL) at 778-782-3112 or caladmin@sfu.ca.

***NO TUTORIALS DURING THE FIRST WEEK OF CLASSES***

Registrar Notes:

ACADEMIC INTEGRITY: YOUR WORK, YOUR SUCCESS

SFU’s Academic Integrity web site http://www.sfu.ca/students/academicintegrity.html is filled with information on what is meant by academic dishonesty, where you can find resources to help with your studies and the consequences of cheating.  Check out the site for more information and videos that help explain the issues in plain English.

Each student is responsible for his or her conduct as it affects the University community.  Academic dishonesty, in whatever form, is ultimately destructive of the values of the University. Furthermore, it is unfair and discouraging to the majority of students who pursue their studies honestly. Scholarly integrity is required of all members of the University. http://www.sfu.ca/policies/gazette/student/s10-01.html

TEACHING AT SFU IN FALL 2021

Teaching at SFU in fall 2021 will involve primarily in-person instruction, with approximately 70 to 80 per cent of classes in person/on campus, with safety plans in place.  Whether your course will be in-person or through remote methods will be clearly identified in the schedule of classes.  You will also know at enrollment whether remote course components will be “live” (synchronous) or at your own pace (asynchronous).

Enrolling in a course acknowledges that you are able to attend in whatever format is required.  You should not enroll in a course that is in-person if you are not able to return to campus, and should be aware that remote study may entail different modes of learning, interaction with your instructor, and ways of getting feedback on your work than may be the case for in-person classes.

Students with hidden or visible disabilities who may need class or exam accommodations, including in the context of remote learning, are advised to register with the SFU Centre for Accessible Learning (caladmin@sfu.ca or 778-782-3112) as early as possible in order to prepare for the fall 2021 term.