This course offers basic training in the theory of and practice of fisheries management. Different management tools are explored, along with natural and institutional requirements. Appropriate management choices for different management problems are discussed. The student is provided with a solid understanding of the basic principles of a socially beneficial fisheries policy and practical training in the design and implementation of such a policy.
This course offers basic training in the theory of natural resource and fisheries economics and the application of the basic principles derived to real world situations.
At the end of this course, the student should:
- understand and be able to explain the basic economic problems associated with the utilization of natural resources,
- be able to work out socially optimal utilization of these resources under a variety of conditions,
- be familiar with the basic management methods to ensure socially optimal utilization of these resources,
- be able to apply this knowledge to real life situations.