Economics of Natural Resources

Undergraduate

Economic analysis of the extraction of non-renewable resources (such as oil or minerals) and the harvest of renewable resources (such as water, fish or forests). Development of socially optimal extraction or harvesting rules. Examination of recent government resource policies. Course Format: Lectures, 3 hours per week. Prerequisite(s): ECON 2P21 or ECON 2P23 Course Notes: This course may be offered in multiple modes of delivery. The method of delivery will be listed on the academic timetable, in the applicable term.