NRES 310: Natural Resource Economics

NRES 310, Natural Resource Economics, focuses on the allocation of biological and physical resources over time. Specific natural resources examined include biodiversity, energy, fisheries, forests, land, minerals, soil, wildlife, and water resources.

“The course goal is for each participant to learn to competently analyze economic aspects of a wide range of natural resource policy questions and management problems,” says Richard Brazee, one of the course’s instructors. “Understanding natural resource economics is fundamental to a range of professional positions, as is being able to participate in debates on public policy regarding renewable and nonrenewable resource use.”

The course consists of 10 modules, each consisting of a reading assignment, a quiz, a discussion problem, and a homework assignment. There are 3 in-class exams and 20 in-class lecture problems. In the final examination period there is no exam, but students have the opportunity to make an extra credit presentation.

“In addition to homework assignments, a significant portion of class time is devoted to solving problems, answering questions, and discussing approaches,” says Brazee. “We are committed to helping students understand the material and being able to competently answer questions and problems.”

Financial Security Professors Richard Brazee and Eric Green