Mar 28, 2024  
2020-2021 Undergraduate Catalog 
    
2020-2021 Undergraduate Catalog [ARCHIVED CATALOG]

ECON 327 - Natural Resource Economics 3 s.h.


This course provides an introduction to issues specific to natural resource economics. The goal will be to develop and apply economic reasoning to resource use and management. Topics covered include measuring the costs and benefits of resource extraction and use (in theory and in practice); optimal extraction rates; market failure; and policies for renewable and non-renewable resources. The course will have both a global and regional focus, and emphasis will be placed on the evaluation of policies from economic and environmental perspectives. A-E Only. Offered every other year.
LA
Prerequisite(s): ECON 211  or [ECON 227  and (MATH 105  or MATH 223 )].