NATURAL RESOURCE ECONOMICS

Prerequisites & course information

Requisites: ECON 301 or 311 or graduate/professional standing Course Designation: Core GenEd - Social & Behavioral Science Breadth - Social Science Level - Intermediate L&S Credit - L&S Liberal Arts and Science Grad 50% - Counts toward 50% graduate coursework requirement Repeatable for Credit: No Last Taught: Fall 2026 Learning Outcomes: 1. Employ appropriate concepts in order to correctly define the economic benefits accrued from different natural resources. Audience: Both Grad & Undergrad 2. Apply appropriate methodologies and tools to demonstrate the conditions under which the benefits are likely to be captured or dissipated by real world actors. Audience: Both Grad & Undergrad 3. Explain the social, economic, and/or environmental dimensions of the sustainability challenges of maintaining healthy supplies of forests, biodiversity, fish and wildlife, and freshwater. Audience: Both Grad & Undergrad 4. Analyze the causes of and solutions for the sustainability challenges of maintaining healthy supplies of forests, biodiversity, fish and wildlife, and freshwater. Audience: Both Grad & Undergrad 5. Apply academic principles of natural resource economics to a real-world policy problem. Audience: Graduate Learning Outcomes: 1. Employ appropriate concepts in order to correctly define the economic benefits accrued from different natural resources. Audience: Both Grad & Undergrad 2. Apply appropriate methodologies and tools to demonstrate the conditions under which the benefits are likely to be captured or dissipated by real world actors. Audience: Both Grad & Undergrad 3. Explain the social, economic, and/or environmental dimensions of the sustainability challenges of maintaining healthy supplies of forests, biodiversity, fish and wildlife, and freshwater. Audience: Both Grad & Undergrad 4. Analyze the causes of and solutions for the sustainability challenges of maintaining healthy supplies of forests, biodiversity, fish and wildlife, and freshwater. Audience: Both Grad & Undergrad 5. Apply academic principles of natural resource economics to a real-world policy problem. Audience: Graduate