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Apr 18, 2024
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ECON 667 - 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 667 and ECON 667 are cross-listed; credit may be earned in one of the two.)
Units of Lecture: 3
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 demonstrate ability to read non-technical, professional academic publications in environmental and resource economics and policy, and assess their strengths and weaknesses.
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