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International PhD course in “Aquaculture Economics and Management"
Provider: Faculty of Science

Activity no.: 5255-23-00-00 
Enrollment deadline: 23/10/2023
Date and time06.11.2023, at: 09:00 - 10.11.2023, at: 16:00
Regular seats40
Course fee1,000.00 kr.
LecturersRasmus Nielsen
ECTS credits5.00
Contact personCharlotte Bukdahl Jacobsen    E-mail address: cja@ifro.ku.dk
Enrolment Handling/Course OrganiserRasmus Nielsen    E-mail address: rn@ifro.ku.dk
Teaching languageEnglish
Exam formWritten assignment
Grading scalePassed / Not passed
Course workload
Course workload categoryHours
Reading70.00
Course35.00
Report writing35.00
Sum140.00
Aim and content
Recent advancement within the field of aquaculture economic and management offers solutions to overcome the stalemate of aquaculture production in the western world providing advice on how economic incentives can encourage development (i.e. innovations within genetics, breeding and immunology) and implementation of new types of technologies/productions system with lower environmental and climate impact. At the same time, increased focus on animal welfare, organic production, resource efficiency, productivity and management of farms can provide solutions to improve input use, and increase environmental and climate performance worldwide. The course is designed to introduce students to both theoretical and empirical applications of different topics within the global aquaculture sector focusing mostly at economics and management but also give an introduction to advances within genetics, breeding and immunology. This will provide a broad base for further work within aquaculture and to choose a subject for a course paper. Thus, the course will provide students with a solid theoretical and empirical foundation to discuss aquaculture growth and limitations.

Course form and activities:
The first part of the course consists of reading the relevant literature recommended in the reading list. The literature is selected among seminal international refereed journal articles to describe how the theoretical foundation of aquaculture economics and the applications of economic disciplines in aquaculture have developed within different areas. The areas included are 1) Productivity and management (production economics, including biological aspects in terms of breeding, feeding and disease prevention) as a foundation for aquaculture growth, 2) Environmental and climate externalities and regulation, and 3) International markets, trade and policy. The second part is the active participation in the course containing lectures and discussions with international experts.

Finally, a short report/paper should be handed in for evaluation.
- Reading of the extensive list of journal papers
- Course lectures and discussions
- Preparation of a course report/paper

Learning outcome
Learning outcome:
After having completed the course, the course participants will know the state-of-the-art economic and empirical methods within aquaculture economics and management.
The central themes of the course are the theoretical foundation of and the methodologies and techniques applied within three areas 1) Productivity and management as a foundation for aquaculture growth, 2) Environmental and climate externalities and regulation, and 3) International markets, trade and policy. The skills and competences acquired from this course are necessary in order to obtain an overview of the theoretical foundation and empirical applications in aquaculture and to provide a deeper understanding of the area. Having successfully completed the course the participant is expected to have the following:

Knowledge: Explain the development of the theoretical foundation for and methodologies applied on aquaculture based on production economics and management, environmental externalities and regulation, and international markets, trade and trade policy. Reflect on the relevance and limitations of it in relation to their report/paper.

Skills: Identify relevant research questions and make adjustments to specific settings.

Competences: Assess relevance and limitations of different approaches in different fields of aquaculture. Discuss scientific and political disagreements in relation to sustainable growth in aquaculture.

Teaching and learning methods
Teaching and learning methods
The theory will be taught mostly through (interactive) lectures, active learning, dialogue teaching, and self-study. The practice will be taught mostly through self-study and the exam (i.e., writing a report/paper based on the literature and lectures, see previous section).

Preparation and self-study
It is expected that the participants prepare for the course by reading the course material (mostly journal articles) that will be sent to the students about 4 weeks before the course starts. It is also expected that the participants recapitulate the contents of the course by reviewing the lecture notes and other course material in order to appropriately conduct the analyses and write their report/paper for the exam.

Exam form and criteria for assessment
The exam consists of a brief report/paper about an aquaculture economics and management (maximum ten pages double-spaced) which each participant has to write and send to the course organizer no later than two months after the end of the course. The participants need to find a suitable research question and if needed data for their analyses themselves. The research question needs to be within the social sciences and needs to address an issue within aquaculture economics and management. It is encouraged that the research question is parts of the participants’ PhD projects. In their reports/paper, the participants need to clearly state their research question. The reports/papers should follow the structure for scientific papers:
Abstract, Introduction, Methodology, Data (if any), Results and discussion, Conclusion.
A participant passes the exam if the report/paper indicates that the student has obtained the intended learning outcome (see section “learning outcome”).

Exam form and criteria for assessment:
The participant hand in a short report/paper (suggestion for a research paper). The course is assessed as "pass" or "fail" based on the quality of the work handed in. The evaluation include an assessment of the insights and reflections presented using theory and empirical approaches presented in the course.

Workload
Work Load:
- Reading: 70 hours
- Course: 35 hours
- Report: 35 hours
- Total: 140 hours

Remarks
Course responsible:
Associate professor Rasmus Nielsen and Professor Ragnar Tveterås is course responsible and will provide supervision together with other senior participants during the course.

Tentative Program:
Monday:
Introduction (Rasmus Nielsen)
Lecture 1 – Global aquaculture development from an Economic perspective (Rasmus Nielsen)
Lecture 2 – Perspectives of genetics/breading and vaccination/immunology in aquaculture (Kurt Buchmann)
Social event - Dinner
Tuesday:
Lecture 3 – Environmental externalities and regulation (Rasmus Nielsen)
Lecture 4 – Production economics and risk (Akhtaruzzaman Khan)
Lecture 5 – Resource efficiency and productivity, an Asian case (Akhtaruzzaman Khan)
Social event – Sightseeing boat trip
Wednesday:
Lecture 6 – Technological development and regulation, the case of Norway (Ragnar Tveterås)
Lecture 7 – Interaction between aquaculture and fisheries, markets and trade (Frank Asche)
Discussions about research project with lecturing experts
Thursday:
Lecture 8 – Sustainable growth and global supply and demand (Max Nielsen)
Lecture 9 – Global future development of aquaculture (Frank Asche/Ragnar Tveterås/Kurt Buchmann)
Friday:
Lecture 10 – Discussion - students and experts on students’ research/article ideas session (All)
Lecture 11 – Sum up and evaluation (Rasmus Nielsen)

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