3 cr. hrs. A survey of forecasting techniques and econometric methods as they apply to business and economic theories. 3 cr. hrs. This is a survey course emphasizing reasons for natural resource misallocation including property rights and common property resources, externalities, and public good problems. Consideration is given to the equity and efficiency implications of public policies to direct the use of energy resources, minerals, water, forests, and fisheries.
Considerable emphasis is placed on the economics of pollution control.
Co-listed as AGEC 450. 2 cr. hrs. Students will analyze and discuss selected economic theories and issues. Writing and presentation of scholarly papers is expected. A detailed study and analysis of special topics in economic theory.