Brief Course Description
1. Course Title:
Natural Resource Economics
2. Language of Instruction:
Tiếng Việt
3. Course Code:
NAT601080
4. Credits:
2
5. Course Objectives:
6. Brief Description of Course Content:
Natural Resource Economics provides methods for analyzing and modeling the use and exploitation of resources. The course divides natural resources into two categories: renewable resources (forest, fishery…) and non-renewable resources (minerals, petroleum, coal...). This course introduces economic models to analyze the optimal and sustainable exploitation of these two groups of resources. Learners can understand how to determine the optimal level of resource exploitation, and the factors affecting the optimal exploitable level. These insights will serve as the basis for empirical research, and for appropriate decision-making in environmental and natural resource management.