Course overview

Natural Resource Economics focuses on the economic models that are used to analyse current resource management challenges, distinguishing between renewable and non-renewable resources. The course also covers management of major types of natural resources over the short, medium and long term.

Key facts file

Course Dates:

3 - 7 Dec 2018

Title: Natural Resource Economics

Short Course - Five Days.

Entry Requirements:

There are no special entry requirements for this course.

Credits: 10
Cost: £1400.00
Course Provider: Cranfield University
Course Arrangements: Full joining instructions will be confirmed by the course provider.
Course Location: Cranfield University
Course Logistics:

Mixed Cohort: AFTP participants will attend their course alongside full and part-time postgraduate students studying at the delivery university


Anil Graves

Learning outcomes

By the end of this course participants will be able to:

  • Demonstrate a conceptual understanding of stocks and flows applied to natural resources and related ecosystems and the role of economic theory in resource allocation decisions.
  • Demonstrate a systematic understanding of and apply methods of economic analysis to support practical decision making for the management of natural resources, consistent with the concept of sustainable development.


Additional Course Information

Areas covered on this course will include:

  • Introduction: sustainable development, natural capital and ecosystems services.
  • Theoretical frameworks for economically optimal use of non-renewable and renewable resources.
  • Theory into practice: Economic dimensions of the management of natural resources: land and soils, energy, minerals, water, biodiversity, marine fisheries, forestry.
  • Implications for natural resource and environmental policy.
  • Modelling for optimisation: linear programming.
My AFTP training course has given me greater confidence day-to-day and more insight into the impact of new techniques and technologies.
Andy Russell - Fresh Produce Technologist, Bakkavor

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