AEM 6510

Environmental and Resource Economics

Course Description

Course information provided by the Courses of Study 2014-2015.

Review of welfare economics, environmental externalities, and common property resources, and a survey of current environmental and natural resource policy. Covers techniques for measuring benefits and costs-including property value and wage hedonic approaches, travel cost models, and contingent evaluation. Describes survey/data collection methods in detail. Explores innovative market mechanisms for resolving public good, common property, and externality problems. Students are required to complete a paper describing their own formal economic analysis of a natural resource or environmental problem.

When Offered Spring.

Permission Note Enrollment limited to: graduate standing. Open to graduate students outside economics.

Satisfies Requirement Core course for environmental management concentration/option.

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