Last modified: 22 Jul 2026 13:42
This course offers a comprehensive study of the principles and application of economics in sustainable resource management. It covers theory and practices concerning extraction, management and conservation of renewable resources (e.g., forests, fisheries) and exhaustible, non-renewable resources (e.g., minerals). Students explore topics such as resource pricing, environmental impacts, and policy frameworks to develop sustainable resource management strategies for addressing global challenges.
| Study Type | Postgraduate | Level | 5 |
|---|---|---|---|
| Term | Second Term | Credit Points | 15 credits (7.5 ECTS credits) |
| Campus | Aberdeen | Sustained Study | No |
| Co-ordinators |
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This course provides a comprehensive introduction to the economics of sustainable resource management, focusing on the efficient and equitable use of both renewable and non-renewable natural resources. It explores how economic theory and policy can inform the management, conservation, and allocation of key resources such as forests, fisheries, minerals, and energy. Students will examine the trade-offs between economic development and environmental sustainability, with attention to resource pricing, market failures, externalities, and governance frameworks at local and global scales. The course emphasises critical engagement with real-world policy challenges, equipping students with the analytical tools needed to design and evaluate sustainable resource management strategies that support long-term social, economic, and environmental goals.
| Assessment Type | Summative | Weighting | 15 | |
|---|---|---|---|---|
| Assessment Weeks | Feedback Weeks | |||
| Feedback |
2 x Class Test - Multiple Choice Questions - 7.5% each. Feedback will be provided via MyAberdeen |
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| Knowledge Level | Thinking Skill | Outcome |
|---|---|---|
| Conceptual | Apply | To become acquainted with relevant economic tools and apply these to renewable and non-renewable resource use in the context of sustainability. |
| Conceptual | Understand | To demonstrate knowledge and understanding of the optimal use of renewable and non-renewable resources, and of the concept of sustainability as it applies to resource management. |
| Procedural | Evaluate | To be able to find and evaluate basic economic data on renewable and non-renewable resources, and how to relate this to sustainability. |
| Assessment Type | Summative | Weighting | 85 | |
|---|---|---|---|---|
| Assessment Weeks | Feedback Weeks | |||
| Feedback |
Written assessment - Take Home Exam, 2,500-3,000 words. Feedback will be provided with a use of rubric.
|
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| Knowledge Level | Thinking Skill | Outcome |
|---|---|---|
| Conceptual | Apply | To become acquainted with relevant economic tools and apply these to renewable and non-renewable resource use in the context of sustainability. |
| Conceptual | Understand | To demonstrate knowledge and understanding of the optimal use of renewable and non-renewable resources, and of the concept of sustainability as it applies to resource management. |
| Procedural | Evaluate | To be able to find and evaluate basic economic data on renewable and non-renewable resources, and how to relate this to sustainability. |
There are no assessments for this course.
| Assessment Type | Summative | Weighting | 100 | |
|---|---|---|---|---|
| Assessment Weeks | Feedback Weeks | |||
| Feedback |
One written assessment - Take Home Exam - 2,500 words. Feedback will be provided with a use of rubric. |
|||
| Knowledge Level | Thinking Skill | Outcome |
|---|---|---|
|
|
||
| Knowledge Level | Thinking Skill | Outcome |
|---|---|---|
| Procedural | Evaluate | To be able to find and evaluate basic economic data on renewable and non-renewable resources, and how to relate this to sustainability. |
| Conceptual | Understand | To demonstrate knowledge and understanding of the optimal use of renewable and non-renewable resources, and of the concept of sustainability as it applies to resource management. |
| Conceptual | Apply | To become acquainted with relevant economic tools and apply these to renewable and non-renewable resource use in the context of sustainability. |
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