|Teaching method||Contact hours|
|Course coordinator(s)||E Gehrke|
|Lecturer(s)||dr. R Sparrow|
Language of instruction:
This course provides a basic understanding of general economic principles . The course will focus on microeconomics, and in particular on producers' decision-making, pricing of products and production factors (land, water and labour). Applications will be derived from agricultural-, environmental and development economics, with examples pertaining to international land and water management. Some attention will also be given to macro economic factors and policies that influence agricultural production - e.g. trade, subsidies, taxation, etc.
After successful completion of this course students are expected to be able to:
- interpret basic concepts in the field of economic growth;
- connect ecological and economic concepts;
- explain the functioning of markets and welfare concepts;
- analyse problems in land and water management using economic concepts;
- apply basic economic concepts to development issues.
Written exam with 10 open questions (100%).
Heide C.M. van der, W.J.M. Heijman and J.H.J. Schaminée, 2018. Ecological Economics. Wageningen Academic Publishers.
Perkins, D.H., S. Radelet, D.L. Lindauer. (2006). Economics of Development. 6th ed. W. W. Norton & Company. 831p. ISBN-10: 0393926524.
|Compulsory for:||BIL||International Land and Water Management||BSc||2MO|