autumn 2023
SOK-3600 Advanced Environmental and Resource Economics - 10 ECTS

Type of course

The course is an elective course in the master's program Fiskeri- og havbruksvitenskap. The course is available as a singular course.

Admission requirements

9371 - singular courses at the master's level

The resource economics portion from the semester in "Sustainable fisheries" from the bachelor's program in Fiskeri- og havbruksvitenskap. or equivalent courses in resource economics.

Course content

The course teaches environmental and resource economic modeling, valuation methods, and cost-benefit analysis, designed for master's students in Fiskeri- og havbruksvitenskap (fisheries and aquaculture).

Objectives of the course

After completing the course the candidate should have achieved the following learning outcomes:


The candidate shall

  • have a deep understanding of environmental and resource economic concepts
  • understand population dynamic models; single and multispecies
  • understand and have solid knowledge of the dynamics and realism in known fisheries and aquaculture models
  • know of marine ecosystem services and how these are valued economically
  • have knowledge of cost-benefit analysis and how it is applied


The candidate shall

  • be able to apply bioeconomic models on different known issues in an adequate way
  • be able to assess current management challenges by applying models for how management can impact the development of marine resources and the utilisation of them
  • be able to apply different methods for assessing the values of ecosystem services
  • be able to apply cost-benefit analysis

General competence

The candidate shall

  • be able to apply and develop bioeconomic models in concrete fishery and aquaculture settings, and know what information is necessary for this
  • be able to identify known reference points for different management measures and make realistic plans for reaching management goals
  • be able to include valuation of ecosystem services in cost-benefit analysis

Language of instruction and examination


Teaching methods

Lectures, assignment seminars and computer lab.

Information to incoming exchange students

Requires background in resource economics.



Examination: Date: Weighting: Duration: Grade scale:
School exam 29.11.2023 09:00
3/5 4 Hours A–E, fail F
Assignment 2/5 A–E, fail F

Coursework requirements:

To take an examination, the student must have passed the following coursework requirements:

Lab in bioeconomics Approved – not approved
Valuation Approved – not approved
Cost-benefit analysis Approved – not approved
UiT Exams homepage

  • About the course
  • Campus: Tromsø |
  • ECTS: 10
  • Course code: SOK-3600