The Economics of Fisheries Management I

ENE479 The Economics of Fisheries Management I

Spring 2025

Autumn 2024
  • Topics

    This course will give the student an introduction to the economics of fisheries management. Topics include:

    1. World capture fisheries and aquaculture - an overview.
    2. The international legal framework for world marine capture fisheries.
    3. Capital theory, biology and the foundations of modern fisheries economics.
    4. The static economic model of the fishery.
    5. Salmon aquaculture in Norway.
    6. Case studies of the management of fisheries.
    7. 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.

  • Learning outcome

    Knowledge 

    Upon successful completion the student

    • Understands the development of world fisheries and aquaculture in terms of production and trade.
    • Has knowledge about the international legal framework governing fisheries.
    • Has got an introduction to bioeconomics - biological and economic - modelling of fisheries.
    • Has got an introduction to the development of salmon aquaculture.

    Skills

    Upon successful completion the student

    • Can discuss resource management issues relating to fisheries and aquaculture.
    • Can summarize and support arguments based on analytical knowledge in resource management, fisheries and aquaculture.
    • Can apply concepts of sustainability when it comes to the management of fisheries and aquaculture.
    • Will have a foundation for more thorough modelling and analysis of resource management.

    General competence

    Upon successful completion the student will have improved his/her

    • Analytical skills with regard to resource management, fisheries and aquaculture.

  • Teaching

    One week intensive course with two hour lecture every morning and afternoon. Most sessions will be lectures, but there will also be guest lectures, and possibly a visit to the Bergen Fisheries Museum.

    Excursions and guest lectures

    • Bergen Fisheries Museum: guided tour.
    • On or two guest lectures by salmon farming/fisheries executive

  • Credit reduction due to overlap

    None.

  • Compulsory Activity

    Attendance in class (minimum 60% of the lectures)

    Submission of written assignment, individually or in a group of two. Topic must be approved by the instructor.

  • Assessment

    Written course paper, to be submitted individually or in groups of two.

  • Grading Scale

    Pass-Fail

  • Literature

    • Bjørndal, T. and G. R. Munro (2012). The Economics and Management of World Fisheries. Oxford University Press. Selected chapters.
    • Lecture notes.
    • A reading list will be provided.

Overview

ECTS Credits
2.5
Teaching language
English.
Semester

Spring. Offered spring 2025 (first week of the semester).

Course responsible

Professor Trond Bjørndal, Centre for Applied Research