Ressourcenökonomie | Master | 3 KP

This course introduces models and methods from resource economics at the example of water management. It covers the theory of exhaustible and renewable resources, analysis of dynamic systems, optimal control theory, aquifer management, river basin management, and management of complex resource systems.

The course will enable students to model and analyze resource systems with methods that are commonly used in scientific studies. Furthermore, students will learn to transfer model results to actual problems of environmental policy and will be introduced to the scientific literature.

The main focus will be on modeling and analyzing dynamic resource systems. Students will learn how to model different types of resource systems and how to gain useful insights from the models. The course will cover fairly complex resource systems. However, it does not emphasize advanced theoretical tools but rather the process of modeling and analyzing resource systems.

The course is based on journal papers. A list of the covered papers will be distributed during the first week. Vorlesungsverzeichnis

DateTopicDownload
20.09.2018Introduction to Resource EconomicsSlides
27.09.2018Easter Island: Introduction to dynamical systemsSlides 
04.10.2018Hotelling model: Optimal control methodsSlides
11.10.2018Water management: Optimal control applicationSlides
18.10.2018Shallow lakes: Strategic interactionsSlides
25.10.2018Shallow lakes II. Differential games applicationSlides
01.11.2018No Lecture
08.11.2018Resources in neoclassical growth theorySlides
15.11.2018Intergenerational fairness and limited resources usageSlides
22.11.2018Resources in international trade: Hartwick's ruleSlides
29.11.2018Resources in modern growth theorySlides
06.12.2018Resources in modern trade theorySlides
13.12.2018Exam