Course: Economic Aspects of the Bioeconomy (5000-511)

Persons:

• Prof.Dr. Michael Ahlheim (verantwortlich)

Type of Course:

lecture with exercise

In-Class Hours Per Week:

2

Contents:

In this lecture course students explore the specific problems of the optimal use of non-renewable resources such as crude oil and natural gas and the development of backup technologies to substitute these non-renewable resources. The course also deals with optimal government policies to cope with market failure in the environmental sector of the economy. These policies focus on an overall efficient use of these scarce resources of an economy including the encouragement of R&D and innovation in the bioeconomic sector. The last part of this lecture course focuses on different techniques of preference assessment. These are necessary to analyze the future acceptance of new biobased products by consumers and of the consequences of their production (e.g. land-use change) by society as a whole in advance.

Literature:

to be announced

Location:

Hohenheim

Module:

• 5000-510 Markets, Innovation and Social Acceptance of Biobased Products (compulsory)