Description of Individual Course Units
Course Unit CodeCourse Unit TitleType of Course UnitYear of StudySemesterNumber of ECTS Credits
9102065242001Natural Resource Economics and PoliticsElective128
Level of Course Unit
Second Cycle
Objectives of the Course
Objective of this course is to develop students’ skills in using economic concepts to analyze issues associated natural resource uses and policies. At the end of this course, students will learn the market system, the externalities causing market failure, and the mechanisms to correct for externalities and understand cost-benefit analysis.
Name of Lecturer(s)
Prof.Dr. Ela ATIŞ
Learning Outcomes
1Learn how to apply economic principles to the analysis of natural resource use and policy
2Interpret today’s problems related to environmental and natural resources with an economic perspective
3Use of tools of graphical analysis to study environmental problems
4Have necessary skills for making research, analysis and synthesis through writing term papers
5Learn the market system, the externalities causing market failure, and the mechanisms to correct for externalities
6Understand techniques for analyzing environmental problems including non-market valuation methods
7Build responsibility and self-confidence through discussions and problem solving practices in class
8Understand and analyze the issues involved with use and protection of natural resources and the environment
Mode of Delivery
Face to Face
Prerequisites and co-requisities
None
Recommended Optional Programme Components
None
Course Contents
• Interlinkages between Natural Resources, Environment and the Economy • Property Rights and Externalities • Definition and Classification of Natural Resources • Sustainable Development and Sustainability of Natural Resources • Economic Valuation: Concepts and Methods • Measuring and Analysis of Costs and Benefits • Natural Resource Potential of Turkey • Land and Water Resources Economics • Environmental and Natural Resources Problems and Policies in EU and Turkey
Weekly Detailed Course Contents
WeekTheoreticalPracticeLaboratory
1Introduction, scope, importance, necessities of course and basic concepts
2Economic Approach to Environmental Problems, Interlinkages between Natural Resources, Environment and the Economy
3Public Goods, Property Rights and Environmental Externalities
4Definition and Classification of Natural Resources, Renewable and Non-Renewable Resources, Relationship between Natural Resources and Population
5Natural Resource Potential of Turkey
6Land and Water Resources, Uses and Environmental Problems of them
7Sustainability, Sustainable Development and Agriculture
8Midterm exam
9Scarcity and Sustainable Use of Natural Resources
10Agriculture, Natural Resources and Environmental Pollution, Agricultural Externalities
11Economic Valuation: Concepts and Methods
12Theory and Methods of Market and Non-Market Valuation and case studies
13International Problems Related to Environment and Natural Resources
14Environmental and Natural Resources Problems in Turkey
15Approach and Policies Related to Solution of Problems
16Final Exam
Recommended or Required Reading
1. Hartwick, J.M., Olewiler,N. (1998). The Economics of Natural Resource Use, ISBN: 0321014286. 2. Hanley, N., Shogren, J.F., White, B. (2007). Environmental Economics in Theory and Practice, ISBN: 139780333971376 3. Tietenberg, T. (2004). Environmental Economics and Policy, ISBN: 0321194128. 4. Karacan, A.R. (2007). Çevre Ekonomisi ve Politikası, E.Ü. İktisadi ve İdari Bilimler Fakültesi Yayın No:6, ISBN: 9789754837513.
Planned Learning Activities and Teaching Methods
Activities are given in detail in the section of "Assessment Methods and Criteria" and "Workload Calculation"
Assessment Methods and Criteria
Term (or Year) Learning ActivitiesQuantityWeight
Midterm Examination1100
SUM100
End Of Term (or Year) Learning ActivitiesQuantityWeight
Final Examination1100
SUM100
Term (or Year) Learning Activities40
End Of Term (or Year) Learning Activities60
SUM100
Language of Instruction
Turkish
Work Placement(s)
None
Workload Calculation
ActivitiesNumberTime (hours)Total Work Load (hours)
Midterm Examination122
Final Examination122
Attending Lectures14342
Report Preparation14040
Report Presentation11010
Self Study14228
Individual Study for Mid term Examination12020
Individual Study for Final Examination12525
Reading8756
TOTAL WORKLOAD (hours)225
Contribution of Learning Outcomes to Programme Outcomes
PO
1
PO
2
PO
3
PO
4
PO
5
PO
6
PO
7
PO
8
PO
9
PO
10
PO
11
PO
12
PO
13
PO
14
LO1 5 5          
LO24  4  3   3 5 
LO3 44        3  
LO4455  44  5  4 
LO5 4 34      3  
LO6 5543      4  
LO7  3  555554 55
LO85543      33  
* Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High
 
Ege University, Bornova - İzmir / TURKEY • Phone: +90 232 311 10 10 • e-mail: intrec@mail.ege.edu.tr