Advanced Economics of Natural Resources
Prerequisite: ECON603, ECON604, and ECON624. The use of exhaustible and renewable natural resources from normative and positive points of view. Analysis of dynamic resource problems emphasizing energy, mineral, groundwater, forestry, and fishery resources; optimal, equilibrium, and intergenerational models of resource allocation. Cross-listed with AREC785. Credit will be granted for one of the following: AREC785 or ECON785.