AREC 365

Natural Resource Economics

3 units

Fall 2026

Topics

apply the tools of economic analysis to modern day natural resource and environmental problems
analyze allocation problems for renewable and nonrenewable resources
critically evaluate public policy options
present a clear, concise, and compelling economic argument
analyze theories and concepts in natural resource economics in multiple forms (math- ematical, graphical, verbal)
apply an economic mindset for solving real-world environmental problems
Note that the outline is tentative and is subject to change. All changes will be announced in class

Tietenberg and Lewis: “Environmental and Natural Resource Economics”, 12th edition, 2024 Older editions are fine. The 11th edition is available online from the library
unspecified

Fall 2024

Thomas H. Tietenberg and Lynne Lewis. (2020). Natural Resource Economics. The Essentials. 1st Edition. Routledge. ISBN 9780367280345 (hardback) ISBN 9780429299285 (Ebook). Any version of
unspecified
ISBN 9780367280345
Routledge; Barnes & Noble; Amazon; ABE books; ISBNS.NET; E-Bay; E-book (Vital Source; Google Play)
unspecified

Sources