Brief Course Description
1. Course Title:
Natural Resource Valuation and exploitation
2. Language of Instruction:
Tiếng Việt
3. Course Code:
NAT601068
4. Credits:
3
5. Course Objectives:
6. Brief Description of Course Content:
This course provides methods for analyzing and modeling the use and exploitation of resources. The course divides natural resources into two categories: renewable resources and non-renewable resources. 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. Besides, the course equips students with the basic knowledge on the economic value of environmental resources, methods and tools to evaluate the economic value of natural resources, analyzing the meaning and application of the results, and implementing valuation research into practice through theoretical presentation, discussion of valuation cases, and practical exercises on valuation.