- Resource Economics prepares students to assist in public and private decisions about environmental and natural resource issues.
- Population and income growth are increasing the pressure on the resources, making the allocation, management, and protection decisions among the top priorities. Water quality and supply, land use, climate change, pesticide policy, recycling, waste disposal, and marine fisheries management are some of the issues studied.
- Students learn to apply decision-making tools such as benefit-cost, risk-benefit, and cost-effectiveness analysis. They also engage in work related to environmental economics, natural resource economics, public policy, experimental economics, and behavioral economics.