Form C4 1. Course Code Heriot-Watt University - Course Descriptor 2. Course Environmental and Natural Resource Economics C20NR Title School of Management and Languages 5. School 7. Delivery: Location & Semester 3. SCQF Level 6. Course TBC Co-ordinator 10 4. Credits 15 Edin SBC Orkney Dubai IDL Collaborative Partner Approved Learning Partner Sem…2 Sem……. Sem……….. Sem…….. Sem…. Name…………………….....Sem..…... Name …………………………………Sem……….. 8. Pre-requisites Intermediate Economics 1: Theory & Techniques (C28IN) 9. Linked Courses (specify if synoptic) 10. Excluded Courses None 11. Replacement Courses C20EN Environmental Economics C20EF Energy and Natural Resource Economics Code: 12. Degrees for which this is a core course Date Of Replacement: 13. The course may be delivered to: UG only PG only UG & PG 14. Available as an Elective? Yes No 15. Aims The aim of the course is to introduce students to the theoretical and empirical economics on natural resources and the environment. In particular it will: - demonstrate how particular analytical techniques may be applied to natural resource and environmental problems, - enable students to apply the tools of analysis to a range of models, - enable students to relate differences in natural resource and environmental policy recommendations to differences in the theoretical and empirical features of the economic analysis which underlie such recommendations 16. Syllabus The course would include the following topics: - foundations of energy and environmental economics economics of renewable and non-renewable resources markets and energy markets and environmental regulations valuation of the environment issues in energy efficiency policies relating energy policies relating environment 1/2 Form C4 Heriot-Watt University - Course Descriptor 17. Learning Outcomes (HWU Core Skills: Employability and Professional Career Readiness) Subject Mastery Personal Abilities Understanding, Knowledge and Cognitive Skills Scholarship, Enquiry and Research (Research-Informed Learning) On completion of this course students should be able to: - understand the key concepts in energy and environmental economics - apply the tools of economic analysis to problems of energy and environment - understand the key issues involved in dealing with the environmental pollution - understand the problems of exhaustible resources and the externalities associated with energy - understand the principles of environmental valuation - understand the policy context regarding both environment and energy. Students should be able to: - able to discriminate between different theories - put the latest advances in the subject in their proper context - formulate hypotheses for reasoned debates and discussions. Industrial, Commercial & Professional Practice Students should be able to: - Develop analytical skills that are extensively applied in a wide range of industrial, commercial and professional practice. Autonomy, Accountability & Working with Others Communication, Numeracy & ICT Students should be able to: Students should be able to: - plan and manage own study and learning - communicate effectively (via (private study, use of information resources, seminar presentations, essay organisation, etc.) writing, seminar participation, etc.) – work with others (via group presentations - develop skills in interpreting and in seminars) understanding statistical data. 19. Re-assessment Methods 18. Assessment Methods Method Duration of Exam Weighting (%) Synoptic courses? Method (if applicable) Written Exam Coursework 2 hours Duration of Exam (if applicable) 70 30 no Written exam 2 hours 20. Date and Version 1 September 2015 Date of Proposal 10 March 2015 Date of Approval by School Committee Date of Implementation Version Number 2/2 Diet(s)