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Fall 2022
Apr 20, 2024
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AGEC 40600 - Natural Resource And Environmental Economics
Credit Hours: 3.00. (FNR 40600) Introduction to economic models of renewable and nonrenewable natural resources and the use of these models in the analysis of current resource use and environmental issues.
3.000 Credit hours

Syllabus Available
Levels: Undergraduate, Graduate, Professional
Schedule Types: Distance Learning, Lecture

Offered By: College of Agriculture
Department: Agricultural Economics

Course Attributes:
Upper Division

May be offered at any of the following campuses:     
      West Lafayette

Learning Outcomes: 1.  Define "social efficiency" and "cost-effectiveness" and discuss each concept's caveats in allocating environmental goods. 2.  Identify externalities and understand the government's role in addressing them. 3.  Apply basic cost-benefit analysis for environmental decision-making. 4.  Understand the process of and justification for valuing environmental amenities. 5.  Discuss the economic perspective on environmental sustainability.


Prerequisites:
Undergraduate level AGEC 20300 Minimum Grade of D- or Undergraduate level AGEC 20400 Minimum Grade of D- or Undergraduate level ECON 25100 Minimum Grade of D- or Undergraduate level ECON E1030 Minimum Grade of D- or Undergraduate level ECON E2010 Minimum Grade of D-

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Release: 8.7.2.4