Messages
3 things:
- First, solutions to seminar 6 and extended solutions to seminar 5 have been posted.
- Second, typos in lecture note 11-12 have been corrected. Most of them were cosmetics, except that on page 8 the correct market price for the ITQ rho should equal the Pigouvian fee tau and not only the shadow value mu as previously written. Also on page 11, I forgot to insert a minus in the RHS of equation (22), this is corrected now.
- Third, good luck with the exam preparations and the exam itself!
Solutions for Seminar 5 have been posted, as well as the Problems for Seminar 6 (on Thursday, 18. nov, 12:15-14:00, Harriets Holters hus, rom 301). Florian
Seminar 5, Question 1 cannot be solved w/o assuming a specific utility function. What I had in mind (but did not write in the text) was: /U = ln x1 + beta(ln x2 + ln x3)/. Florian
A note for the next two lectures (renewable resources) has been posted and the reading list has been annotated. Florian
Seminar 6 has been moved to Thursday, 18. nov, 12:15-14:00, Harriets Holters hus, rom 301.
Finally, the lecture note on Sustainability has been revised (available under the same link). Florian
The reading list has been revised. It is now -- hopefully -- more in line with the notes and lectures. Florian
Hi, a note for the next two lectures has been posted. Lecture 9 and 10 will be concerned with Sustainability. The relevant textbook chapters are 3,4, and 19.2. Supplementary literature is discussed in the note. Looking forward to seeing you next Tuesday, Florian
Response to question 19 October from a student concering the topic water use and hydro power economics: It is only the memo No 30/2005 that is required reading, other material mentioned in the reading list is just suggestions if one wants to go deeper into the topic. NB! The lectures are also the curriculum, for those of you that have not followed (all) lectures, check the posted lecture notes.
Norwegian Institute for Nature Research have additional places for master thesis projects in two EU projects, see the document placed under Other and the web pages: http://funcitree.nina.no/ http://policymix.nina.no/
Lecture notes to lecture 8 is now posted
Lecture plan: Mistake about date 13 November for lecture corrected to 16 November
Lecture notes 7 is now posted (and lecture notes 2)
A revised reading list has been posted with annotations related to the exhaustible resources literature.
An updated lecture plan for the period after the break has now been posted. NB! the alternative reference for lectures by FRF is a book dated 2007, chapters can be downloaded from Springer
The first seminar will take place 16 September. Seminar exercises have been posted and also the composition of the seminar teams.
Literature to lectur no.2 in addition to Hydropower memo included in the curriculum: Chapter 2. Water as a natural resource, in F?rsund FR (2009) Hydropower Economics, Springer.