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DRPS : Course Catalogue : Royal (Dick) School of Veterinary Studies : BSc Hons (Royal (Dick) Sch of Veterinary Studies)

Undergraduate Course: Environmental and Natural Resource Economics (VETS10041)

Course Outline
SchoolRoyal (Dick) School of Veterinary Studies CollegeCollege of Medicine and Veterinary Medicine
Credit level (Normal year taken)SCQF Level 10 (Year 4 Undergraduate) AvailabilityAvailable to all students
SCQF Credits20 ECTS Credits10
SummaryNatural resource depletion is particularly pertinent in the agri-food context. Land use change and global warming are leading to pressures on water, soil and biodiversity. Growing nutritional requirements will likely increase intensification of farming systems, placing greater pressures on the maintenance of these natural capital assets. Examining these issues through an economic lens helps to understand how different incentives can be used to modify or transform agri food supply chains so that they respect emerging planetary boundaries.
Course description This course will cover economic methods for understanding and framing policy choices for the stewardship of natural capital (including water, land, biodiversity and climate functions). It will cover theories and methods for evaluating the costs and benefits of management options and will be set in the wider context of sustainable development in both developing and developed agri-food supply chains.

Entry Requirements (not applicable to Visiting Students)
Pre-requisites Co-requisites
Prohibited Combinations Students MUST NOT also be taking Natural Resource Management (ECSC09002)
Other requirements None
Information for Visiting Students
High Demand Course? Yes
Course Delivery Information
Academic year 2022/23, Available to all students (SV1) Quota:  20
Course Start Semester 1
Timetable Timetable
Learning and Teaching activities (Further Info) Total Hours: 200 ( Lecture Hours 20, Seminar/Tutorial Hours 20, Formative Assessment Hours 10, Summative Assessment Hours 50, Revision Session Hours 2, Programme Level Learning and Teaching Hours 4, Directed Learning and Independent Learning Hours 94 )
Assessment (Further Info) Written Exam 50 %, Coursework 50 %, Practical Exam 0 %
Additional Information (Assessment) The weightings will remain at Written Exam 50 %, Coursework 50 %.

With the following breakdown;

Individual assignment to solve an environmental valuation problem (computer or essay based) (50%)

Final examination (50%)
Feedback Feedback will be supplied within 15 days of the submission deadline
Exam Information
Exam Diet Paper Name Hours & Minutes
Main Exam Diet S1 (December)Environmental and Natural Resource Economics Exam1:00
Learning Outcomes
On completion of this course, the student will be able to:
  1. Critically evaluate the role of natural resources in economic development with a critical focus on agri food supply and demand
  2. Appraise key theoretical approaches to resource allocation advanced by environmental and ecological economics
  3. Appraise the efficiency of interventions to conserve natural capital (including climate change mitigation and adaptation)
Reading List
Additional Information
Graduate Attributes and Skills Outlook and engagement through tackling globally and locally relevant topics around climate and natural resources management

Effective and pro-active individuals, through discussion and argument based tutorials and assessment for evaluating opportunities for intervention at a global or local level

Research and enquiry, through the use of topical issues and latest scientific and policy thinking on environmental and natural resource economics.
KeywordsNot entered
Course organiserProf Dominic Moran
Tel: (0131 6)51 7439
Course secretaryMr Gordon Littlejohn
Tel: (0131 6)51 7454
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