F&ES 804b/ECON 737/330/EVST330

Economics of Natural Resource Management

2017-2018
Credits: 3
Spring 2018: Time and location TBA
 

 

This course uses economic theory and empirical evidence to address pollution control, nonrenewable resource extraction, and renewable resource management. The course teaches students how to apply economics to real-world problems. The pollution section explains the origin of externalities, and their optimal regulation. The nonrenewable resource section focuses on how markets consume resources of limited size over time with applications to fossil fuels, metals, and minerals. The renewable resource section covers the management of water, land, and ecosystems. 

F&ES 804 is a prerequisite for:
F&ES 954: Management Plans for Protected Areas (includes Friday and Saturday Field trips)
F&ES 969: Rapid Assessments in Forest Conservation