Faculty of Science

Objectives

Managerial economic theories of natural resources productivity, scarcity, sustainability, use and depletion rates. The ecosystem as a firm, natural resources/environmental goods and services production and cost, market structure, conduct and pricing. Environmental economic efficiency; Environmental benefits of resources conservation. Balance sheet for ecosystem, financial sourcing/fund raising for ecosystem protection and conservation; valuation of natural resources/environmental goods and services production. Stock taking, budgeting and the balance sheet. The concept of Environmental Taxation, the Economics of natural resource extinction and depletion; Econometrics, time series, macro/micro economics analysis and Modeling.

Contents

Develop skills in macro/micro economics analysis and modeling of the economics of natural resources exploitation and accounting.