ECON 478 Economics of the Natural Environment

Usually offered

Spring

Level

Undergraduate

Prerequisite(s)

ECON/AREC 339 and ECON 361

Economics is used to study the allocation, management, and ownership of such natural resources as air, fisheries, forests, global resources, minerals, natural areas, oil & gas, water, and wildlife. The course is comprised of theoretical models and detailed applications - including the relationship between economic development and environment, the economics of climate change, and the economics of public land management.  Emphasis is placed on the causes and effects of alternative institutions governing the use of the natural environment with a focus on property rights, legal rules, regulations, and administrative agencies.

Details

Grading

ABCDE

Identical to

AREC 478; AREC is home department.

Units

3