Brief Course Description
1. Course Title:
Natural resources and environmental economics
2. Language of Instruction:
Tiếng Việt
3. Course Code:
NAT601014
4. Credits:
3
5. Course Objectives:
"From the basis of environmental economics, natural resources and environmental economics course improves the basic knowledge of economic theory of environmental pollution control. The course explains the behavior of individuals and manufacturers in the process of production and consumption cause pollution and the relationships between pollution and welfare. Learners implement the methods of optimizing social welfare subject to the elimination in pollution and the economic growth. The course focuses on pollution types and their respective policies.
In addtion, this course 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."
6. Brief Description of Course Content:
From the basis of environmental economics, natural resources and environmental economics course improves the basic knowledge of economic theory of environmental pollution control. The course explains the behavior of individuals and manufacturers in the process of production and consumption cause pollution and the relationships between pollution and welfare. Learners implement the methods of optimizing social welfare subject to the elimination in pollution and the economic growth. The course focuses on pollution types and their respective policies.
In addtion, this course 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.