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Resource Economics

Name: Resource Economics
Brand: Cambridge University Press
SKU: 02048483
Price: 43619 HUF
Availability: InStock
Author: Jon M. Conrad
ISBN: 9780521874953

Jon M. Conrad

Language

English

Book Hardback

Libristo code: 02048483

Publishers Cambridge University Press, June 2010

Resource Economics, first published in 2010, is a text for students with a background in calculus an... Full description

Libristo code: 02048483

291 b

43 619 Ft

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Resource Economics, first published in 2010, 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.