ARE 100A – Intermediate Microeconomic Theory
Lecture—3 hours; discussion—1 hour. Prerequisite: Economics 1A, 1B; Mathematics 16B. Theory of individual consumer and market demand; theory of production and supply of agricultural products, with particular reference to the individual firm; pricing, output determination, and employment of resources under pure competition.
ARE 175 – Natural Resource Economics
Lecture—3 hours; discussion—1 hour. Prerequisite: course 100B or Economics 100 or the equivalent. Economic concepts and policy issues associated with natural resources, renewable resources, (ground water, forests, fisheries, and wildlife populations) and non-renewable resources (minerals and energy resources, soil).
ARE 176 – Environmental Economics
Lecture—3 hours; discussion—1 hour. Prerequisite: course 100B or Economics 100. Role of the environment in economic activity and methods for protecting and enhancing environmental quality; implications of market failures for public policy; design of environmental policy; theory of welfare measurement; measuring the benefits of environmental improvement.
ARE 215D – The Environment and Economic Development
Lecture—3 hours; discussion—1 hour. Prerequisite: course 200A, 204A or 275. Interdisciplinary course drawing on theoretical and empirical research on interactions between environmental resource use and economic development processes. Analysis of issues emerging at the interface of environmental and development economics. (Same course as Economics 215D.)
ARE 275 – Resource and Environmental Economics
Lecture/discussion—4 hours. Prerequisite: course 204A. Development of externality theory, market failure concepts, welfare economics, theory of renewable and non-renewable resource use, and political economic models. Applications to policy issues regarding the agricultural/environment interface and managing resources in the public domain. (Same course as Environmental Science and Policy 275.)
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