This course will give the student an introduction to the economics of fisheries management. Topics include:
- World capture fisheries and aquaculture - an overview.
- The international legal framework for world marine capture fisheries.
- Capital theory, biology and the foundations of modern fisheries economics.
- The static economic model of the fishery.
- Salmon aquaculture in Norway.
- Case studies of the management of fisheries.
- The development and future prospects of salmon aquaculture.
Sustainability will be an integral part of the course. For fisheries, it will be considered how management can achieve sustainable resource use.
For aquaculture, economic, social and environmental sustainability will be addressed.