Aim

This course aims to provide the student with a good theoretical background in bioeconomic principles which could be used in practical management tasks. The course aims also to integrate biological knowledge on population dynamics with economic reasoning.

Course description

The interplay between vessels/fishermen and fish stocks is studied for the case of an open access fishery and for different management regimes. Bioeconomic theory is used in the analysis of selected fisheries, both nationally controlled and those in which two or more countries are involved. Practical issues related to the use of available data for establishing bioeconomic reference points are addressed.

Teaching material

• Compendium for IFM SOK-3555 Fisheries Economics, Lecture notes on Fisheries Economics and Management by Ola Flaaten. (Available at the campus book store Akademisk Kvarter).
• H. Scott Gordon, 1954: The Economic Theory of a Common-Property Resource: The Fishery. The Journal of Political Economy, Vol. 62, No. 2. (Apr., 1954), pp. 124-142.
• Bjørndal (1987). Production Economics and Optimal Stock Size in a North Atlantic Fishery. The Scandinavian Journal of Economics Vol. 89, No. 2 (1987) pp. 145-164.
• Eide et al. (2003) Harvest Functions: The Norwegian Bottom Trawl Cod Fisheries.
• Hartwick and Olewiler, chapter 5
• part 1a
• part 1b
• part 2
• Eide (2009). Economic principles: an economic perspective on fishing. Chapter 4 in the new Management Guide (by FAO).
  
  
• Cursoric reading: Perman et al. (2003), Natural Resource and Environmental Economics, chapter 3.

Additional material

Lecturers: Arne Eide, Siv Reithe and Edgar Henriksen