PREREQUISITES

Agriculture Economics (AEM 520S) or equivalent.

LEARNING OUTCOMES

The course is aimed at providing students with: (a) contemporary skills and knowledge to manage natural resources and to solve environmental problems; and (b) analytical tools to assess and monitor the natural resource from an economic, ecological, and social science perspective. The comprehensive learning outcome for the course is that students should be able to evaluate and apply principles and advanced tools and techniques of natural resource economics in dealing with practical natural resource management issues and in facilitating sound decision-making. On completing the course students will, through assessment activities, show evidence of their ability to:

1. Use economic approaches to analyse of environmental and natural resources management problems
2. Explain the Command-and-Control and Market Approaches to Environmental Management
3. Use economic approaches to determine the value of the environment
4. Evaluate natural resource and environment related policies.
5. Conduct an Environmental Impact Assessment of any development activity.