Agricultural and Resource Economics

This course is available for on-campus & remote (online) learning. All students participate in interactive, real-time classes. The course provides training in the economics of natural resource management and agriculture. The first part introduces the key models and techniques of resource economics and applies them to non-renewable resources such as minerals and energy and renewable resources such as fisheries, forests, and water, as well as the analysis of sustainability. Managing these resources requires optimisation across time periods. Students will learn how to develop and numerically solve intertemporal resource allocation models. The second part turns to agricultural economics, with a particular focus on developing economies. Topics include technological change, food security, agricultural trade, and the role of agriculture in economic development.