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Natural Resource Economics
Business & Economics Program
Cape Town, South Africa
Dates: early Feb 2022 - early Jun 2022
Natural Resource Economics
OVERVIEW
CEA CAPA Partner Institution: University of Cape Town
Location: Cape Town, South Africa
Primary Subject Area: Economics
Instruction in: English
Course Code: ECO3009F
Transcript Source: Partner Institution
Course Details: Level 300
Recommended Semester Credits: 4
Prerequisites: Students must have completed ECO1010F/S/H/X and ECO1011F/S and ECO2003F and ECO2004S or a Science major at the 2000 level
DESCRIPTION
This course has special emphasis on water use. The concepts, theories, institutions, analytical methods for economic evaluation of alternative resource use patterns and land use plans. ECO3009F explores the water economics literature by asking four questions 1) Is water scarce? 2) What is optimal allocation under scarcity? 3) How does one model water value in residential, irrigation and environmental use? 4) What are the problems with a market allocation of water? The course has a significant research component.
Assessment: Coursework 40%Exam 60%The course outline will detail the breakdown for submission weightings and variation for exemptions and absences.
The University of Cape Town awards credits based on the National Qualifications Framework (NQF) to determine course and contact hour recommendations per course. 1 NQF credit represents roughly 10 notional hours of work which includes study time, assignments and examinations. Notional hours may very per courses depending on the course level and modality therefore, CEA recommends using NQF credits as a basis to determine U.S. equivalencies (1 NQF=.222 semester credits)
Assessment: Coursework 40%Exam 60%The course outline will detail the breakdown for submission weightings and variation for exemptions and absences.
The University of Cape Town awards credits based on the National Qualifications Framework (NQF) to determine course and contact hour recommendations per course. 1 NQF credit represents roughly 10 notional hours of work which includes study time, assignments and examinations. Notional hours may very per courses depending on the course level and modality therefore, CEA recommends using NQF credits as a basis to determine U.S. equivalencies (1 NQF=.222 semester credits)