- Schedule of Classes - February 4, 2023 7:33PM EST
- Course Catalog - February 4, 2023 7:15PM EST
Course information provided by the Courses of Study 2022-2023.
This course introduces students to the economics of renewable and nonrenewable natural resources. Topics covered include the valuation and use of land; water economics, management, and conservation; the extraction and management of nonrenewable resources such as minerals, rare earth elements, and energy resources; renewable and nonrenewable sources of energy; forest management; fishery economics; groundwater; natural resource markets, demand, and supply; and sustainability. Students will learn how to use dynamic models to analyze decision-making over time, and to solve dynamic optimization problems analytically and numerically. Students will also learn how to analyze and explain the intuition and logic behind the theory and concepts. Students will apply the methods, quantitative tools, and concepts to analyze natural resource issues at global and local levels, to introspectively reflect on their own lives and future aspirations, and to draw lessons and implications for leadership, management, and policy.
When Offered Spring.
Prerequisites/Corequisites Prerequisite: MATH 1110, ECON 3030 or AEM 2600.
Distribution Category (SBA-AG)
Course Attribute (CU-SBY)
Comments For students whose major, minor or concentration require both AEM 2500 and AEM 4500, AEM 2500 should be taken before AEM 4500. A solid background in calculus is required.
Credits and Grading Basis
3 Credits GradeNoAud(Letter grades only (no audit))
Class Number & Section Details
- M Warren Hall B75
- Jan 23 - May 9, 2023
Lin Lawell, C
Instruction Mode: In Person
Prerequisites: Enrollment by application only; in order to apply, students should sign up on the wait list, read the syllabus that will be posted on Canvas at the beginning of Spring Semester 2023, register their iClicker remote through Canvas, bring their iClicker remote to both of the first 2 lectures, attend both of the first 2 lectures, submit the first problem set, and apply in person in class. Both (i) Math 1110 (calculus) and (ii) either Econ 3030, AEM 2600, or AEM 5600 (intermediate microeconomics with calculus) must be completed before taking AEM 4500 / ECON 3860 / AEM 5500 (and cannot be taken concurrently). For students whose major, minor, graduate program, or concentration requires AEM 2500, (iii) AEM 2500 should be taken before AEM 4500 / ECON 3860 / AEM 5500.
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