Resource Economics / Edition 2

Resource Economics / Edition 2

by Jon M. Conrad
ISBN-10:
0521697670
ISBN-13:
9780521697675
Pub. Date:
06/14/2010
Publisher:
Cambridge University Press
ISBN-10:
0521697670
ISBN-13:
9780521697675
Pub. Date:
06/14/2010
Publisher:
Cambridge University Press
Resource Economics / Edition 2

Resource Economics / Edition 2

by Jon M. Conrad
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Overview

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.

Product Details

ISBN-13: 9780521697675
Publisher: Cambridge University Press
Publication date: 06/14/2010
Pages: 300
Product dimensions: 6.00(w) x 8.90(h) x 0.80(d)
Lexile: 1570L (what's this?)

About the Author

Jon M. Conrad is Professor of Resource Economics in the Department of Applied Economics and Management at Cornell University. He taught at the University of Massachusetts, Amherst, from 1973 to 1977, joining the Cornell faculty in 1978. His research interests focus on the use of dynamic optimization techniques to manage natural resources and environmental quality. He has published articles in the Journal of Political Economy, the Quarterly Journal of Economics, the American Journal of Agricultural Economics, the Canadian Journal of Economics, Land Economics, Marine Resource Economics, Biomathematics, Ecological Economics, Natural Resource Modeling and the Journal of Environmental Economics and Management, where he served as an associate editor. He is coauthor, with Colin Clark, of the text Natural Resource Economics: Notes and Problems (Cambridge University Press, 1987) and past President of the Resource Modeling Association. Cambridge University Press published the first edition of Resource Economics in 1999.

Table of Contents

1. Basic concepts; 2. Solving numerical allocation problems using Excel's Solver; 3. The economics of fisheries; 4. The economics of forestry; 5. The economics of nonrenewable resources; 6. Stock pollutants; 7. Maximin utility with renewable and nonrenewable resources.
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