ESPM 3261: Economics and Natural Resources Management

4 CreditsEnvironmentSocial Sciences

Microeconomic principles and their application to natural resource management problems. Economic and policy tools to address market failures. Discussion of regulatory and market-based instruments. Discounting and compounding concepts. Methods for conducting financial and economic analyses of natural resource management projects. Decision criteria when conducting benefit/cost analysis of natural resource projects. Methods for valuing non-market natural resource goods and services. Economics of managing renewable natural resources such as forests and fisheries. Land economics. Payments for environmental services. Planning and management problems. Case studies. prereq: MATH 1031 or equivalent.

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All Instructors

B Average (2.916)Most Common: A (21%)

This total also includes data from semesters with unknown instructors.

473 students
  • 3.60


  • 3.73


  • 4.09


  • 3.41


  • 3.82



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