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economicsofnaturalresources–maf502r-rosenstielschool.doc

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Economics of Natural Resources – MAF 502/602 QR Fall 2015, TR 1:30 – 2:45pm, MAF Conference Room (RSMAS) Professor: David Letson. Office hours TR 11am - noon in South Grosvenor 125-D (RSMAS), and by appointment. Phone 305-421-4083. E-mail: dletson@ Course Description: This course provides a comprehensive overview of the economics of national, international, and global environmental problems. A unifying theme throughout is sustainable development, defined as maximizing the net benefits of economic development while maintaining the services and quality of natural resources over time. We will use economic reasoning to examine causes and consequences of environmental and resource problems, and measures for dealing with them. Objectives: A basic, critical appreciation of economics as applied to natural resources management. Specific goals include comprehension of: the economics of sustainability, the economics of environmental quality, renewable and exhaustible resource use, and international trade and the environment. Attendance: It is your responsibility to attend lectures regularly. If an absence is unavoidable, you should try to obtain the lecture notes from another student. You are also expected to be in your seat when class begins. Cell phone use is not allowed. Laptops are fine, but please respect your classmates and instructor by refraining from non-class-related activities. Academic Integrity: Every student must abide by the UM Honor Code. Any student found to be in violation is likely to fail the course and may be referred to the Honor Council. If you wish to read the honor code it is available online at /honor-council Accessibility and Accommodations: If you have received accommodations from UMs office of Accessibility Resources (ARC), please let me know. Whether or not you have documentation, I hope to make our learning experience as accessible as possible to all. Please let me know early in the semester if you have any concerns regarding your learning pote