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Dec 26, 2024
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ECON 5140 - Natural Resource Economics
Explores the economic aspects involved in the extraction and utilization of both renewable and nonrenewable natural resources. Topics include the economics of oil and mineral extraction, groundwater use, agricultural practices, forestry, and fisheries. Allocation of property rights and economic benefits and costs of natural resource use also are examined.
Requisites:
Credit Hours: 4
Repeat/Retake Information: May not be retaken.
Lecture/Lab Hours: 3.0 lecture
Grades: Eligible Grades: A-F,CR,PR,WP,WF,WN,FN,AU,I
Learning Outcomes:
- Understand market failure and economic policies in natural resource markets.
- Understand markets for non-renewable natural resources.
- Understand markets for renewable natural resources.
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