Fall 2020 Natural Res Econ (ECON-4410-01)

Prerequisites: ECON 3020 and junior standing.....................A study of the economic issues associated with renewableand nonrenewable resources. Special emphasis is directedtoward hard rock minerals, fossil fuels, fisheries andforestry resources. Issues of optimal extraction anddepletion, effect of alternative market structures, androle of uncertainty are addressed with regard toefficient management and allocation of these resources.