Environmental and Resource Economics
|Unit(s): 3.0||Level(s): Graduate||Term(s): Winter, Fall||Offered?: No|
The course covers selected issues in the management of natural resources and the environment. Possible topics include the theory of externalities and policy instruments for remedying the associated market failure, management of renewable and non-renewable common property resources, contingent valuation, ecological indicators and the measurement of natural resource and environmental variables in the national accounts.
Professor Emeritus | Co-Director, McMaster Experimental Economics Laboratory