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Syllabus
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Moodle

This course presents an economic analysis of renewable and nonrenewable natural resources. Concepts introduced include static and dynamic efficiency, equity, property rights, discounting, market failure, non-market valuation, and sustainability. The course will cover current and proposed policies for resource management such as transferable quotas, taxes, subsidies, regulations, and public versus private ownership.

Mt. Hood near Cairn Basin, Sarah Klain '03