ECON 440 Special Topic: Advanced Natural Resource Economics

18 points. Semester 2.

Overview

"Overwhelming environmental and resource problems now facing humanity are the result of economically rational individual decisions made every day by each and every one of us." (C.W. Clark, Mathematical Bioeconomics, 2005, p.v). This paper places emphasis on the bioeconomic principles underlying the exploitation of renewable resources, mainly fisheries. The aim is to apply the theoretical underpinnings to real world examples and foster an understanding of underlying economic mechanisms that lead to the problem of overexploitation. Other environmental problems such as biodiversity decline and the limits to growth debate are also addressed.

Paper Co-ordinator

Viktoria Kahui

Prerequisite

ECON 371

Course Outline

For more information about this paper please view the 2011 Course Outline in pdf format.

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