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
  • Sustainable natural resource management: use of economic instruments
  • Natural resource accounting and valuation
  • Models of resource depletion - exhaustible and renewable resources
  • Effective use of natural resources for development purposes

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

Module 3 - Natural resources, political economy and conflict issues

  • Resource curse thesis
  • Effective use of natural resources for development purposes in context of their increasing scarcity and competition for resources: Land, water, energy
  • Winners and losers in natural resource development: cases of conflict
  • Measures for internalizing the environmental externalities and other social costs created on account of extraction/use of natural resources

Module 4 - Innovative mechanisms to address conflict issues

  • Tri sector partnerships and building trust
  • Funds and foundations
  • Stakeholder tool boxes

Module5 - 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

Module6 - 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