The course deals with the factors that contribute to economic development. Throughout the course theoretical economic modelling will be used to discuss the effects of factors – such as land, human/physical capital, technology, fossil energy resources, and climate change – on economic growth and to draw conclusions for the future.

Students critically assess the economic, social, political, and environmental implications of extracting and using energy resources, metals, and bulk materials along the mineral resource cycle for society. They explore various decision-making tools that support policies and guidelines pertaining to mineral resources, and gain insight into different perspectives from government, industry, and NGOs.