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71004-01 - Vorlesung: Resource Economics 3 KP

Semester Frühjahrsemester 2024
Angebotsmuster Jedes Frühjahrsem.
Dozierende Raul Hochuli (raul.hochuli@unibas.ch)
Frank Christian Krysiak (frank.krysiak@unibas.ch, BeurteilerIn)
Inhalt In this course, we consider environmental problems where present actions have long-term consequences, as is the case for climate change, for the use of exhaustible resources (oil, natural gas), for the use of many renewable resources (fish, fresh water). We will discuss how to describe the planning problem and how to solve it using numerical approaches. Thereby, we will start with simple problems (exhaustible resources) and move on to more complex ones (such as the management of predator-prey systems). In most cases, we will not only discuss what would be an economically optimal use of natural resource but also how resource management, market designs and environmental policy influence resource use.

The course has been redesigned to 3 ECTS (without environmental economics, which is now a separate course). It consists of lectures and exercise sessions that will mostly alternate; you will receive a schedule (which week we have lectures or exercises) at the start of the term.

Please take note that there are two mandatory problem sets (assignments) that you have to pass for being allowed to take the final exam.

In the exercise sessions, you will work in small groups on numerical solutions to resource economic problems. You can use either Excel of Python to program and solve these problems. We will provide a brief introduction (which is an optional meeting) for both options at the start of the term.
Lernziele After taking this course, you will be able to analyze intertemporal planning problems in the context of natural resources using both theoretical arguments and numerical planning tools. You will learn how prices of exhaustible resources develop over time, how stock pollutants and renewable resources should be managed, and how policy interventions influence resource use. At a few examples, you will see how the complexity of natural resource systems renders resource management very difficult and thus why numerical approaches can be very helpful.
Literatur R. Perman, Y. Ma, J. McGilvray, M. Common and D. Maddison (2011), "Natural Resource and Environmental Economics", 4th edition, Pearson Education.

We recommend (i.e., it is optional but helpful) that you also have a look at Chapters 1,2 and 5 of the open online course "Exploring Possible Futures" (https://tales.nmc.unibas.ch/en/exploring-possible-futures-44/) of the University of Basel, where we discuss the purpose of (numerical) models, basic modeling approaches and how to calibrate numerical models.

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Teilnahmebedingungen Students should either have passed 10130 (Grundlagen der VWL) or 48981 (Intensive Introduction to Intermediate Economics). If you have done 10130, it is recommended (but not required) to also do Intermediate Microeconomics (10134) before starting Resource Economics.

Students who already have passed the lecture 10160 Environmental and Resource Economics can't take this course again.
Anmeldung zur Lehrveranstaltung Registration: Please enroll in the Online Services (services.unibas.ch);

Eucor-Students and mobility students of other Swiss Universities or the FHNW first have to register at the University of Basel BEFORE the start of the course and receive their login data by post (e-mail address of the University of Basel). Processing time up to a week! Detailed information can be found here: https://www.unibas.ch/de/Studium/Mobilitaet.html
After successful registration you can enroll for the course in the Online Services (services.unibas.ch).

Applies to everyone: Enrolment = Registration for the course and the exam!
Unterrichtssprache Englisch
Einsatz digitaler Medien kein spezifischer Einsatz

 

Intervall Wochentag Zeit Raum
wöchentlich Montag 16.15-18.00 Wirtschaftswissenschaftliche Fakultät, Grosses PC-Labor S18 HG.37

Einzeltermine

Datum Zeit Raum
Montag 26.02.2024 16.15-18.00 Uhr Wirtschaftswissenschaftliche Fakultät, Grosses PC-Labor S18 HG.37
Montag 04.03.2024 16.15-18.00 Uhr Wirtschaftswissenschaftliche Fakultät, Grosses PC-Labor S18 HG.37
Montag 11.03.2024 16.15-18.00 Uhr Wirtschaftswissenschaftliche Fakultät, Grosses PC-Labor S18 HG.37
Montag 18.03.2024 16.15-18.00 Uhr Wirtschaftswissenschaftliche Fakultät, Grosses PC-Labor S18 HG.37
Montag 25.03.2024 16.15-18.00 Uhr Wirtschaftswissenschaftliche Fakultät, Grosses PC-Labor S18 HG.37
Montag 01.04.2024 16.15-18.00 Uhr Ostern
Montag 08.04.2024 16.15-18.00 Uhr Wirtschaftswissenschaftliche Fakultät, Grosses PC-Labor S18 HG.37
Montag 15.04.2024 16.15-18.00 Uhr Wirtschaftswissenschaftliche Fakultät, Grosses PC-Labor S18 HG.37
Montag 22.04.2024 16.15-18.00 Uhr Wirtschaftswissenschaftliche Fakultät, Grosses PC-Labor S18 HG.37
Montag 29.04.2024 16.15-18.00 Uhr Wirtschaftswissenschaftliche Fakultät, Grosses PC-Labor S18 HG.37
Montag 06.05.2024 16.15-18.00 Uhr Wirtschaftswissenschaftliche Fakultät, Grosses PC-Labor S18 HG.37
Montag 13.05.2024 16.15-18.00 Uhr Wirtschaftswissenschaftliche Fakultät, Grosses PC-Labor S18 HG.37
Montag 20.05.2024 16.15-18.00 Uhr Pfingstmontag
Montag 27.05.2024 16.15-18.00 Uhr Wirtschaftswissenschaftliche Fakultät, Grosses PC-Labor S18 HG.37
Module Modul Economics (ECON) II (Bachelorstudium: Wirtschaftswissenschaften (Studienbeginn vor 01.08.2021))
Modul: Aufbau Economics (Bachelorstudium: Wirtschaftswissenschaften)
Modul: Komplementärer Basisbereich Wirtschaftswissenschaften (Masterstudium: Sustainable Development)
Modul: Wahlbereich in Wirtschaftswissenschaften (Bachelor Studienfach: Wirtschaftswissenschaften)
Vertiefungsmodul Global Europe: Umwelt und Nachhaltigkeit (Masterstudium: European Global Studies)
Wahlbereich Bachelor Wirtschaftswissenschaften: Empfehlungen (Bachelor Studienfach: Wirtschaftswissenschaften (Studienbeginn vor 01.08.2021))
Leistungsüberprüfung Leistungsnachweis
Hinweise zur Leistungsüberprüfung There will be a written exam at the end of the term and two 2 mandatory problem sets during the term. To be admitted to the final exam, you have to get at least 50% of the total points of the two mandatory problem sets (the enrollment of students who do not meet this criterion will be cancelled). The grading will be based solely on your performance in the final exam.
An-/Abmeldung zur Leistungsüberprüfung Anm.: Belegen Lehrveranstaltung; Abm.: stornieren
Wiederholungsprüfung keine Wiederholungsprüfung
Skala 1-6 0,1
Wiederholtes Belegen beliebig wiederholbar
Zuständige Fakultät Wirtschaftswissenschaftliche Fakultät / WWZ, studiendekanat-wwz@unibas.ch
Anbietende Organisationseinheit Wirtschaftswissenschaftliche Fakultät / WWZ

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