ECON 4223 - Natural Resource Economics

Common Course Number: ECON 42243
Credit Hours: 3
Contact Hours: 3 Lecture
Offered: Irregular

Explores relevant issues in the area of natural resource economics. Analytical tools such as willingness-to-pay, static and dynamic efficiency, direct controls, market-based regulation, impact analysis, cost-effectiveness analysis, and benefit-cost analysis are introduced. Analysis methods are then applied to current issues related to energy, forestry, marine resources, land, water, outdoor recreation, wildlife management, and biodiversity preservation.

Prerequisite: ECON 2803 - Principles Of Macroeconomics, ECON 2813 - Principles Of Microeconomics and admission to the business program, or consent of instructor