ECONOMICS 228b - MCSR.Natural Resource Economics and Policy

Institution:

Bowdoin College

Subject:

Description:

Fall 2006. GUILLERMO HERRERA. A study of the economic issues surrounding the existence and use of renewable natural resources (e.g., forestry/land use, fisheries, water, ecosystems, and the effectiveness of antibiotics) and exhaustible resources (such as minerals, fossil fuels, and old growth forest). A basic framework is first developed for determining economically efficient use of resources over time, then extended to consider objectives other than efficiency, as well as the distinguishing biological, ecological, physical, political, and social attributes of each resource. Uncertainty, common property, and various regulatory instruments are discussed, as well as alternatives to government intervention and/or privatization. (Same as Environmental Studies 228.) Prerequisite: Economics 101.

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.bowdoin.edu/

Phone Number:

(207) 725-3000

Regional Accreditation:

New England Association of Schools and Colleges

Calendar System:

Semester

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