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Economics of Natural Resources


Tuesday 23 April - Tuesday 02 July 2024, 6pm-9pm

11 sessions - Check class timetable


Our Economics of Natural Resources short course uses insights from economics to help you gain a deeper understanding of contemporary problems arising from the increasing scarcity of our natural resources. We will analyse the successes and failures of economic theory in helping us make decisions about our relationship to nature. We will examine how the natural environment is affected by the integration of the world economy, with the growth of world trade and capital movements.

On this Economics of Natural Resources course we look at the various repercussions of the commercial use of nature, including the issues of climate change, environmental degradation and increasing oil consumption. We aim to explain these phenomena and consider how economists address problems arising from scarcity and depletion.

Teaching is through a combination of lectures, seminars and class presentations, either individually or in groups, and topics include:

  • Economic theory
  • The power of markets and their participants
  • Valuing the environment
  • The consumer
  • Tourism
  • Cost benefit analysis
  • Environmental risk
  • Sustainable development
  • Measuring sustainability
  • Environmental strategy

The course is assessed by an essay-based assignment.

This can be taken as a standalone short course or as a part of:

15 credits at level 4

  • Entry requirements

    Entry requirements

    Most of our short courses have no formal entry requirements and are open to all students.

    This short course has no prerequisites.

    As part of the enrolment process, you may be required to submit a copy of a suitable form of ID.

    International students who wish to come to the UK to study a short course can apply for a Visitor visa. Please note that it is not possible to obtain a Student visa to study a short course.

  • How to apply

    How to apply

    You register directly onto the classes you would like to take. Classes are filled on a first-come, first-served basis - so apply early. If you wish to take more than one short course, you can select each one separately and then register onto them together via our online application portal. There is usually no formal selection process, although some modules may have prerequisites and/or other requirements, which will be specified where relevant.