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Natural Resource Economics

Course Code:
NRS 410
Course Group(s):
Analytical Reasoning & Scientific Inquiry - Integrated, Degree Applicable, ECOR: Human System Cluster, ESM: Electives, FWSF - Fisheries Concentration: Human Dimension Elective, FWSW - Wildlife Concentration: Policy, Admin & Law Elective, Integrative Studies: ECOR Program Options, Integrative Studies: ENST Program Options, Integrative Studies: FOR Program Options, Integrative Studies: NRCM Program Options, Integrative Studies: SCWL Program Options, Liberal Arts and Science Elective, PACM: Natural World Cluster, Quantitative Problem Solving - Integrated, Responsibility & Expression - Integrated, Social & Cultural Engagement - Integrated
Course Description:
This course will cover important economic principles relevant to natural resource management with an emphasis on forest-based resources. Topics will include supply and demand, pricing, investment evaluation, net revenue maximization, non-timber forest products and the emerging field of ecosystem service valuation. These topics will be explored through a variety of case studies, both domestic and international in scope. Emphasis will be placed on learning to construct strong, defensible, land-use arguments through the use of quantitative analysis. Prerequisites: ECN 200 Principles of Economics. Completes General Education Requirements:QP-I, AR-I, SC-I, RE-I, LAS.
Credit:
3
Prerequisites:
Prereq: ECN 101 Lecture Min Grade: D Min Credits: 3.00 Or ECN 102 Lecture Min Grade: D Min Credits: 3.00 Or ECN 101 Hybrid Min Grade: D Min Credits: 3.00 Or ECN 102 Hybrid Min Grade: D Min Credits: 3.00 Or ECN 199 Lecture Min Grade: D Min Credits: 3.00 Or ECN 200 Lecture Min Grade: D Min Credits: 3.00 Or ECN 200 Lecture Min Grade: TR Min Credits: 3.00
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