Courses of Study 2018-2019 
    Jun 15, 2024  
Courses of Study 2018-2019 [ARCHIVED CATALOG]

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AEM 6510 - Environmental and Resource Economics

Fall. 4 credits. Student option grading.

Prerequisite: MATH 1110  or equivalent. Enrollment limited to: graduate standing. Open to graduate students outside economics. Core course for environmental management concentration/option.


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.

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