Here below you can find all master courses the University Centre offers. All courses are taught in 1-3 week modules running from August through June. See how the courses are organised in the teaching schedule for both programs. Usually 2-3 courses are taught at the same time, but students may only enroll in one course at a time.
The master courses are available to you whether you plan to pursue a degree or just take a course or courses. Please review the options for guest studies to determine how you can apply.
For further information, contact the Administrative Director of Education and Teaching.
Environmental Economics
- Autumn 2024
- Instructor: Dr. David Cook
About the course
The course provides an overview of environmental and resource economics as well as public policy tools and instruments in the context of management of coastal and marine environments and sustainable development (SD). The course introduces elements of standard economic analysis (neoclassical economics) as well as other approaches, such as ecological economics. A focus is placed on how to manage resources in such a way that the health of ecosystems and the economy are taken into consideration. The course aims to provide students with the necessary tools to make informed choices regarding environmental and resource management in coastal and marine communities.
Instructor
David is currently a post-doctoral researcher at the University of Iceland. His research focuses on the interconnections between economies, human well-being and sustainability, with a particular focus on the valuation and management of ecosystem services in the Arctic. He is also employed by the University of Iceland as a lecturer in Environmental Economics. In 2018, he completed his PhD in Environment and Natural Resources at the University of Iceland. His project focused on the development of an economic model for evaluating the environmental costs of utilising geothermal energy.
Learning outcome
On completion of the course a student:
- will understand the various ways in which markets fail and consider these issues in relation to coastal and marine areas.
- can apply theories of environmental economics and various policy instruments.
- will understand the practice and implications of cost-benefit analysis, including in connection to climate change.
- can demonstrate knowledge and practical expertise in non-market valuation techniques for valuing environmental impacts, and communicate this through surveys, reports and presentations.
- has learned to develop, draft, revise and complete a research writing project.
- will comprehend the implications of environmental and resource economics with respect to marine spatial planning and sustainable development.
Prerequisites: No prerequisites registered for the course
Assessment: 60% individual assignment, 40 % group assignment
Final Exam: Assignment