| CODE | RFS1401 | ||||||||||||||||
| TITLE | Rural and Environmental Economics | ||||||||||||||||
| UM LEVEL | 01 - Year 1 in Modular Undergraduate Course | ||||||||||||||||
| MQF LEVEL | 5 | ||||||||||||||||
| ECTS CREDITS | 4 | ||||||||||||||||
| DEPARTMENT | Rural Sciences and Food Systems | ||||||||||||||||
| DESCRIPTION | The study-unit shall comprise the following topics: The place of economics in rural and environmental policy; Sustainability and economic growth; Consumer and market behaviour; Supply and demand in agriculture; Agricultural production economics; Economic efficiency and environmental protection; Measuring benefits and costs; The economics of climate change; Market failure; Effect of policies; Market based instruments; Biodiversity and economics. Study-unit Aims: Students will use theoretical principles within agricultural, environmental and managerial economics to analyze, interpret and evaluate regional, national and international phenomena in the background of implications to the farmer, the rural economy and the environment. Learning Outcomes: 1. Knowledge & Understanding: By the end of the study-unit the student will be able to: 1. Understand the principles of agriculture vis-a-vis environmental protection and maintenance. 2. Understand the implication of various national, regional and international phenomena in economics. 3. Understand the degree of producer contribution to the national and international economy. 2. Skills: By the end of the study-unit the student will be able to: 1. Follow good agricultural and environmental practices as applied on the farm with a broad perspective towards national and regional contribution to economy. 2. Evaluate the needs and threats of economical phenomena. 3. Apply the best analytical methods to be used for the condition/case at hand. Main Text/s and any supplementary readings: Barry C. Field, Martha K. Field., Environmental Economics: An Introduction. 6th Edition. New York, NY : McGraw-Hill/Irwin, 2013. Scott J. Callan, Janet M. Thomas. Environmental Economics & Management: Theory, Policy and Applications. 6th Edition. Mason, OH : South-Western, Cengage Learning, 2012. Roger Perman et al. Natural resource and environmental economics. 4th Edition. Harlow, Essex ; New York : Pearson Addison Wesley, 2011. Stabler, M.J. Agricultural economics and rural land-use. Macmillan, 1975. Barlowe, Raleigh. Land resource economics : the political economy of rural and urban land resource use. Prentice-Hall, 1958. |
||||||||||||||||
| ADDITIONAL NOTES | Pre-requisite Study-unit: RFS1402 | ||||||||||||||||
| STUDY-UNIT TYPE | Lecture | ||||||||||||||||
| METHOD OF ASSESSMENT |
|
||||||||||||||||
| LECTURER/S | |||||||||||||||||
|
The University makes every effort to ensure that the published Courses Plans, Programmes of Study and Study-Unit information are complete and up-to-date at the time of publication. The University reserves the right to make changes in case errors are detected after publication.
The availability of optional units may be subject to timetabling constraints. Units not attracting a sufficient number of registrations may be withdrawn without notice. It should be noted that all the information in the description above applies to study-units available during the academic year 2025/6. It may be subject to change in subsequent years. |
|||||||||||||||||