Course Modules

Module 1 - Natural resource economics

  • Natural resources: nature and scarcity
  • Natural resources and sustainable development: issues and challenges
  • Concepts of environmental and natural resource economics, issues of market efficiency, equity issues
  • Natural resource revenue management: use of economic instruments, fiscal rules and natural resource funds
  • Natural resource accounting and valuation
  • Models of resource depletion - exhaustible and renewable resources

Module 2 - Governance of natural resources

  • Resource federalism
    • Understanding the role of federal structure in context of natural resource management
    • Examples from across the world
    • Challenges to the governance of trans-boundary resources
  • Local governance institutions for sustainable natural resource management
  • Asymmetric information, uncertainty and public disclosure
  • Role of transparency and accountability mechanisms and movements

Module 3 - Natural resources, political economy and conflict issues

  • Effective use of natural resources for development purposes
  • Resource curse thesis
  • Winners and losers in natural resource development: cases of conflict
  • Innovative mechanisms to address conflict issues- Tri sector partnerships and building trust; Funds and foundations ; Stakeholder tool boxes
  • Sub-national revenue distribution
  • Natural resource policy evaluation and planning

Module 4 - Resource efficiency

  • Global increase in raw material and resource consumption - implications for sustainable development and growth
  • Resource efficiency-Fundamentals and Economics
  • Circular economy- Economics and management
  • Resource efficiency of technologies, products and processes -Case studies from across the world and hotspot sectors
  • Elements of resource policies and measures / institutional and governance mechanism

Module 5 - Mechanisms of trade, investment and regional cooperation in natural resources

  • Reemergence of the importance of resources in international relations
  • International trade and investment in natural resources
  • Towards environmentally and socially sustainable investment in natural resource sectors
  • Transfer of technology for enhancing resource efficiency
  • Designing international agreements and strengthening regional cooperation

Module 6 - Best practices and tools

  • Participatory and community based natural resources management
  • Planning: strategic environmental assessment, integrated river basin management, geographic information systems, etc.
  • Capacity building and technology transfer
  • Awareness raising and communication
  • Stakeholder engagement