NIFK13003U Applied Environmental and Natural Resource Economics

Volume 2014/2015
MSc Programme in Environmental and Natural Resource Economics
MSc Programme in Agricultural Economics

Assuming that the participants already have a comprehensive understanding of environmental and natural resource economics as well as basic understanding of relevant natural sciences, it is the objective of this course to provide opportunities to integrate and apply this knowledge to a specific environmental and natural resource economics topic. The main focus of the course is on writing a project report focusing on a specific topic based on the knowledge obtained in preceding courses in the M.Sc. in Environmental and Natural Resource Economics. This will also provide participants with an opportunity to further improve their writing skills and presentation techniques.

Participants are supposed to choose a topic for their project during the first week. As introduction to the project work, in the first week Frank Jensen and Søren Bøye Olsen will give lectures on the topic of writing a project in environmental and natural resource economics. A list of approximately 25-30 suggested topics for the project will be made available, though participants are encouraged to come up with own ideas for a topic to work with. Topics should primarily be within the specific fields of natural resource economics or economic valuation methods or cost-benefit analysis. After the first week, students are supposed to work on their own (or in groups) on their projects. Supervision is offered during the writing process. In addition, all students must present their problem description for the rest of the class in the 3rd course week. With this the student obtains feedback in the early part of the writing process. The written project report is to be handed in by the end of the 7th course week. The course is finished with an oral presentation and examination in the written project.                                                                                                                             

Learning Outcome

The aim of the course is to give students the opportunity to use the knowledge they have gained so far in the M.Sc. program in Environmental and Natural Resource Economics and also to delve into topics where they have particular interests, be it methodological or policy-oriented. Furthermore, participants will acquire skills in writing a scientific project. This experience should prove useful when faced with the task of writing their master thesis at the end of the M.Sc. program. Upon successful completion of the course the student is expected to be able to:

-Define a scientific problem to be analyzed

-Acquire in-depth knowledge about a chosen topic

-Synthesize and extend on knowledge gained in previous courses in the M.Sc. program in Environmental and Natural Resource Economics


-Analyze a chosen topic within environmental and natural resource economics using economic theory

-Organize and structure work with written projects

-Present, defend and reflect on ideas, problems and results in writing as well as orally


-Discuss advanced environmental and natural resource economics focusing on theories and applications

-Cooperate with other project/course participants

Selected books and articles

Project work with supervision
  • Category
  • Hours
  • Guidance
  • 10
  • Lectures
  • 16
  • Project work
  • 180
  • Total
  • 206
7,5 ECTS
Type of assessment
Written assignment, 1 blok
Oral examination, 20 minutes under invigilation
Exam registration requirements
Submitted written project
All aids allowed
Marking scale
7-point grading scale
Censorship form
No external censorship
More than one internal examiner
Criteria for exam assesment

To obtain the grade 12 the student has to fullfil the learning outcomes