Natural Resources Management

While there exists much relevant knowledge about natural resources, they are frequently mismanaged, often with dramatic consequences for those involved. One aim of the course is to build solid intuitive understanding of the theories and principles underlying natural resources. A second aim is to help students develop the skills and competencies needed for proper management of for instance water reservoirs, fisheries, forests, animal herds, and climate, and to operate in product and quota markets.

For resource management, central topics are system descriptions, dynamics, economics, uncertainty and policy design. For management of commons problems, central topics are competitive games, regulation, and market-based institutions.

The course utilizes a number of new online teaching tools to help students develop deep understanding. Study at your own speed, answer questions, solve problems, and watch videos. To build deep knowledge and to develop skills, students have to finish each and every task to make progress. Immediate feedback helps to correct your understanding step by step. This reduces the chance that students become overconfident in the material that is misperceived.

This short video gives you some more hints about what the course is about (note that some of the learning environments in the video are outdated and have been replaced by new and better version):   

  https://www.youtube.com/watch?v=YbXcxDK6RaY

Express knowledge and understanding

Students know about cause and effect relationships of importance for resource management and are able to express this knowledge in 'stock and flow diagrams'. They understand how cause and effect give rise to developments over time such as equilibrium, growth, goal seeking, cycles, and overshoots. They understand the basics of markets for products and quotas.

Apply knowledge and understanding

Students are able to apply knowledge and understanding to manage natural resources and to operate in markets for products and quotas.

Make judgements

Students know how to distinguish between resources and their specific needs for policies or management strategies. They know about implementation problems and the need to consider second-best solutions.

Communicate

Students are aware of likely misperceptions. They can use analogies, narratives, and illuminating historical data to communicate. Based on their own experience with challenging management tasks, they understand the need for proper simplification.

Develop learning skills

In particular, students develop learning skills to deal with dynamic problems. They know and can apply concepts such as stocks and flows, nonlinearity, feedback, delays, and policy in new situations. After the course, interactive learning environments such as simulation models, simulators, animations, and games remain available for the students for future use.