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| IKT4017 | @IKT4017 ? Natural Resource Economics | 3+0+0 | ECTS:4 | | Year / Semester | Fall Semester | | Level of Course | First Cycle | | Status | Elective | | Department | DEPARTMENT of ECONOMICS | | Prerequisites and co-requisites | None | | Mode of Delivery | | | Contact Hours | 14 weeks - 3 hours of lectures per week | | Lecturer | Dr. Öğr. Üyesi Muharrem Akın DOĞANAY | | Co-Lecturer | | | Language of instruction | Turkish | | Professional practise ( internship ) | None | | | | The aim of the course: | | The aim of this course is to analyze the role of natural resources within the economic system, introduce economic models that ensure the sustainable use of resources, and evaluate the economic impacts of natural resource management policies. Students will gain the ability to analyze renewable and non-renewable resources, understand market failures and externalities, and interpret sustainable resource management from an economic perspective. |
| Learning Outcomes | CTPO | TOA | | Upon successful completion of the course, the students will be able to : | | | | LO - 1 : | Explain the economic characteristics of natural resources. | 1 - 2 - 3 - 4 - 5 | 1, | | LO - 2 : | Analyze the supply and demand dynamics of renewable and non-renewable resources. | | 1, | | LO - 3 : | Apply fundamental models of resource depletion and sustainability. | | 1, | | CTPO : Contribution to programme outcomes, TOA :Type of assessment (1: written exam, 2: Oral exam, 3: Homework assignment, 4: Laboratory exercise/exam, 5: Seminar / presentation, 6: Term paper), LO : Learning Outcome | | |
| This course explores the economic analysis and sustainable management of natural resources. Topics include renewable and non-renewable resource economics, depletion models, pricing, rent theory, energy and mineral resource economics, externalities, and green economy policies. The course aims to equip students with an economic perspective on the efficient and sustainable use of natural resources. |
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| Course Syllabus | | Week | Subject | Related Notes / Files | | Week 1 | Definition, classification, and importance of natural resources | | | Week 2 | Fundamental principles of natural resource economics | | | Week 3 | Differences between renewable and non-renewable resources | | | Week 4 | Economic lifetime and depletion models of natural resources | | | Week 5 | Hotelling?s rule and optimization of exhaustible resources | | | Week 6 | Economics of renewable resources: fisheries, forests, and water | | | Week 7 | Energy economics and resource management | | | Week 8 | Economic analysis of mineral and fossil fuel resources | | | Week 9 | Midterm Exam | | | Week 10 | Externalities and the impact of environmental policies on resource use | | | Week 11 | Resource pricing and rent theory | | | Week 12 | The role of natural resources in international trade | | | Week 13 | Sustainable development and green economy policies | | | Week 14 | Review and project presentations | | | Week 15 | Review and project presentations | | | Week 16 | Final Exam | | | |
| 1 | Önder, H. 2019; Doğal Kaynaklar ve Çevre Ekonomisi, Ekin Yayınevi, Bursa | | | |
| 1 | Narin, M. & Taşdoğan, C. 2019; Doğal Kaynaklar ve Çevre Ekonomisi, Gazi Yayınevi, Ankara. | | | |
| Method of Assessment | | Type of assessment | Week No | Date | Duration (hours) | Weight (%) | | Mid-term exam | 9 | 20/11/2025 | 1 | 50 | | End-of-term exam | 16 | 12/01/2026 | 1 | 50 | | |
| Student Work Load and its Distribution | | Type of work | Duration (hours pw) | No of weeks / Number of activity | Hours in total per term | | Yüz yüze eğitim | 14 | 1 | 14 | | Sınıf dışı çalışma | 14 | 4 | 56 | | Arasınav için hazırlık | 8 | 5 | 40 | | Arasınav | 1 | 1 | 1 | | Dönem sonu sınavı için hazırlık | 14 | 5 | 70 | | Dönem sonu sınavı | 1 | 1 | 1 | | Total work load | | | 182 |
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