Fall 2019 - Natural Res Econ (ECON-4410-01)

A study of the economics of the use and protection of renewable and nonrenewable resources. We focus on minerals, fossil fuels, fisheries, water, forestry resources, and ecosystem services. We explore optimal extraction and depletion, conservation, market structure, institutional design, and the role of time, space, and uncertainty. Prerequisites: ECON 3020 and junior standing. (Offered based on sufficient demand and resources). 9/4/2019 - 12/13/2019, Lecture