Course Description

EC218 Natural Resource Economics 0.5

Economic theory is applied to the problems of natural resource pricing, allocation and conservation. Topics covered include common property resources, resource production and exhaustion, resources and economic growth, and the economics of recreational resources. The formulation of natural resource policy is discussed.

Prerequisite: EC120 (or EC101), EC140 (or EC102).

Exclusion: EC328 or EC378.

Comments to the Editor: M. Watson, Office of the Registrar