Marine Resource Economics

Marine Resource Economics examines the economic principles and practices related to the sustainable use and management of marine resources. This course provides students with an understanding of the economic value of marine ecosystems and the goods and services they provide. Students will learn about the economic tools and methods used to evaluate marine resources, including cost-benefit analysis, economic valuation techniques, and market-based approaches. The course covers various marine resources, such as fisheries, aquaculture, mineral extraction, and renewable energy, and explores the economic implications of their use and management.

In addition to resource evaluation, the course addresses the economic impacts of human activities on marine environments and the policies designed to mitigate these impacts. Students will explore issues such as overfishing, pollution, and habitat degradation, and the economic incentives and regulatory frameworks aimed at promoting sustainable practices. The course emphasizes the importance of balancing economic development with environmental conservation, highlighting case studies and examples of successful management strategies. Through lectures, case studies, and practical exercises, students will gain the skills and knowledge necessary for careers in environmental economics, resource management, and policy analysis, while understanding the critical role of economics in sustaining marine ecosystems.