Resource Economics (Paperback) (ISBN-13: 9780521697675)

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 a renewable resource, and extraction from a nonrenewable resource. Within the text, numerical examples are posed and solved using Excel's Solver. Exercises are included at the end of each chapter. These problems help make concepts operational, develop economic intuition, and serve as a bridge to the study of real-world problems in resource management.

Author: Jon M. Conrad
ISBN-10: 0521697670
ISBN-13: 9780521697675
Publisher: Cambridge University Press
Language: English
Published: 06/14/2010
Pages: 300
Format: Paperback
Weight: 0.90lbs
Size: 8.90h x 6.00w x 0.70d