Economics of Natural Resources

Course Information
TitleΟΙΚΟΝΟΜΙΚΗ ΤΩΝ ΦΥΣΙΚΩΝ ΠΟΡΩΝ / Economics of Natural Resources
FacultyAgriculture, Forestry and Natural Environment
SchoolForestry and Natural Environment
Cycle / Level1st / Undergraduate
Teaching PeriodSpring
Course ID420000169

Programme of Study: UPS School of Forestry and Natural Environment (2009-today)

Registered students: 27
OrientationAttendance TypeSemesterYearECTS
KORMOSElective Courses423

Class Information
Academic Year2019 – 2020
Class PeriodSpring
Faculty Instructors
Weekly Hours3
Class ID
Course Category
Knowledge Deepening / Consolidation
Mode of Delivery
  • Face to face
The course is also offered to exchange programme students.
Language of Instruction
  • Greek (Instruction, Examination)
General Competences
  • Apply knowledge in practice
  • Retrieve, analyse and synthesise data and information, with the use of necessary technologies
  • Adapt to new situations
  • Make decisions
  • Work autonomously
  • Work in teams
  • Work in an international context
  • Work in an interdisciplinary team
  • Generate new research ideas
  • Design and manage projects
  • Appreciate diversity and multiculturality
  • Respect natural environment
  • Demonstrate social, professional and ethical commitment and sensitivity to gender issues
  • Be critical and self-critical
  • Advance free, creative and causative thinking
Course Content (Syllabus)
Introduction to the economics of natural resources, definitions, basic concepts, economics of natural resources and environmental economics, techniques and methods of economic analysis of natural resources and environment, practical applications.
Educational Material Types
  • Notes
  • Slide presentations
  • Multimedia
  • Interactive excersises
Use of Information and Communication Technologies
Use of ICT
  • Use of ICT in Course Teaching
  • Use of ICT in Laboratory Teaching
  • Use of ICT in Communication with Students
  • Use of ICT in Student Assessment
Course Organization
Laboratory Work60.2
Reading Assigment260.9
Student Assessment
Student Assessment methods
  • Written Exam with Multiple Choice Questions (Summative)
  • Written Exam with Short Answer Questions (Summative)
  • Written Exam with Extended Answer Questions (Summative)
  • Written Assignment (Summative)
  • Oral Exams (Summative)
  • Performance / Staging (Summative)
  • Written Exam with Problem Solving (Summative)
  • Report (Summative)
  • Labortatory Assignment (Summative)
Course Bibliography (Eudoxus)
Χάλκος Γ. Εμ. (2016). Οικονομική Φυσικών Πόρων και Περιβάλλοντος. Εκδόσεις Δίσιγμα.
Additional bibliography for study
Tietenberg, T. &LewisL. (2009). Οικονομική του περιβάλλοντος και των φυσικών πόρων. Εκδόσεις Gutenberg. Kumar, P. (Ed.). (2010). The economics of ecosystems and biodiversity: ecological and economic foundations. UNEP/Earthprint. Bauhus, J., van der Meer, P., &Kanninen, M. (Eds.). (2010). Ecosystem goods and services from plantation forests. Routledge. Daly, H. E., & Farley, J. (2011). Ecological economics: principles and applications. Island press. Aizaki, H., Nakatani, T., & Sato, K. (2014). Stated preference methods using R. CRC Press. Haab, T. C. & McConnell K.E., (2002): Valuing Environmental and Natural Resources: The Econometrics of Non-Market Valuation. Edward Elgar Publishing. Sikor, T. (Ed.). (2013). The justices and injustices of ecosystem services. Routledge. FAO (2016). Forestry for a Low-Carbon Future: Integrating Forests and Wood Products in Climate Change Strategies (FAO Forestry Paper 177) Flichman, G. (Ed.). (2011). Bio-economic models applied to agricultural systems. SpringerScience&BusinessMedia.
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