Dec 06, 2025  
Course Catalog 2007-2008 
    
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Course Catalog 2007-2008 [ARCHIVED CATALOG]

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ECON 331 - Natural Resource Economics


Semester Offered: Second Semester
Credits (Range): 3 Hours
Attribute: 3 SS, QPh

This course applies microeconomic analysis to the allocation and management of natural resources and the environment. Economic modeling is used to analyze the optimal use of resources such as land, water and fossil fuels. Issues of land use and urban sprawl, efficient pricing for water and power, species extinction, optimal extraction of a mineral over time, and the reliance on natural resources in the context of growing populations will be explored. Enrollment Limit: 20.
Instructor: J. Suter
Prerequisites & Notes
Prerequisites: ECON 253 and MATH 133. ENVS 231 recommended. 
This course is cross-listed with ENVS 331.


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