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Resource Economics

Authors

Jon M. Conrad
, Cornell University, New York
Published 2010

Description

Resource Economics is a text for students with a background in calculus and intermediate microeconomics and a familiarity with the spreadsheet software Excel. The book covers basic concepts (Chapter 1), shows how to set up spreadsheets to solve simple dynamic allocation problems (Chapter 2), and presents economic models for fisheries, forestry, nonrenewable resources, and stock pollutants (Chapters 3–6). Chapter 7 examines the maximin utility criterion when the utility of a generation depends on consumption of a manufactured good, harvest from…

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Key features

  • The only textbook for one-semester course on resource economics, upper-level undergraduate and above
  • Provides extensive use of numerical problems to illustrate theory and methods of dynamic allocation in resource economics
  • Contains exercises and an annotated bibliography

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