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Nov 24, 2024
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AGSC 467 - Natural Resource and Environmental Economics (3 units)
Emphasizes interrelations of economics principles and institutional factors affecting use and value of natural resources. Attention given to special problems of land, water, and environment. (AGSC 467 and ECON 467 are cross-listed; credit may be earned in one of the two.)
Prerequisite(s): ECON 102 or HON 220 . Recommended Preparation: ECON 302 .
Units of Lecture: 3
Offered: Every Fall
Student Learning Outcomes:
Upon completion of this course:
1. Students will be able to demonstrate understanding of how natural resource and environmental economics is used to inform policy.
2. Students will be able to demonstrate understanding of the basic elements of benefit-cost analysis, how the economic benefits of environmental and natural resource policies and regulations are measured (including empirical approaches, required data, and limitations), and how the costs of policy are estimated (including opportunity costs).
3. Students will be able to read non-technical, professional academic publications in environmental and resource economics and policy, and assess their strengths and weaknesses.
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