Class Economia dos Recursos Naturais

This discipline discusses the environment and natural resources as economic resources.

The inclusion of the environment in the economic decision-making process is explored both at the level of public policies and at the level of consumers and companies.

Without discarding the ecological and environmental trends, one looks at the role of the environment in the models of economic decision.

The methodologies of economic valuation of non-economic goods applied to the environment are also developed.

It also analyzes the problem of renewable and non-renewable resources and how to integrate this variable in the decision-making process of economic agents with a view to balanced and sustainable management.

1. Environment and economy
1.1. Ecological and environmental economics
1.2. The circularity of the economy and the ¿ship¿ called Terra
1.3. The environment as an economic resource and environmental services
2. Analytical tools
2.1. Externalities and markets
2.2. Economy and environmental quality
3. Environmental assessment
3.1. Environmental impact assessment
3.2. Cost-benefit analysis
3.3. Methods of economic valuation of non-economic goods
4. Theory of Nonrenewable Resources
4.1. Hotelling rule
4.2. Shortage income
4.3. Optimal choice of the resource price and its extraction trajectory.
4.4. Comparative static analysis
5. Theory of Renewable Resources
         5.1. Regeneration function
         5.2. Capture function
         5.3. Optimal effort
         5.4. Catch regimes
6. Forest resources
7. Energy markets
8. Thematic classes

Learning from experts.

Enquiry-based learning.

Interactive exposure.

• Field B. e Field M., ¿Environmental Economics¿, 7ª Edição, 2014, McGraw-Hill Higher Education (Field B. e Field M., ¿Introdução à Economia do Meio-Ambiente¿, 6.º Edição, McGraw-Hill Higher Education)
• Pearce D. e Turner R., ¿Economics of Natural Resources and the Environment 1990, Johns Hopkins University Press
• Roger Perman Yue Ma James McGilvray Michael Common, Natural Resource and Environmental Economics, Pearson Education Limited, 2003