NRM 730 - Advanced Natural Resources Economics

Credit(s): 3
Lecture Hours: 3
Lab Hours: 3
When Offered: As Needed

Economic principles associated with natural resource use and preservation. Emphasis on economic analysis and policy decision making tools for natural resources and non-market goods. Valuation techniques such as benefit cost analysis, willingness to pay, willingness to accept, hedonic pricing, travel cost models, intertemporal substitution and issues related to economic and social efficiency will be discussed.