This book provides an introduction to quantitative methods of natural resource management. It assumes the reader has developed comfort with the concepts of intermediate microeconomics and with calculus. In the latter case, it means not just knowing how to integrate, but appreciating that individual terms within functions have concrete meaning to resource managers. It stops short of such advanced methods as dynamic programming.
Subsequent chapters make ample use of both tools.
Individual chapters cover the economics of fisheries, forestry, nonrenewable resources, and stock pollutants. The Hotelling Rule, for example, emerges in the nonrenewable-resource chapter far more crisply than in longer resource economics texts that rely upon narrative explanations. Water-resource management does not have its own chapter. The last two chapters offer a thematic contrast. This point could have been elaborated since it challenges status-quo thinking.