Economics of Natural Resource Extraction

3 credits · Undergraduate

(3 hrs Lecture) The course examines economic models of resource extraction and harvesting through time. Renewable and non-renewable natural resources such as forestry, fisheries, and fossil fuels are considered. An economic perspective of sustainability is introduced. Requisite Courses: A minimum grade of C in ECON-1102 and ECON-1103 or in ECON-1104 or in ECON-1106 [prerequisite(s)].