Book Details
Format
Paperback / Softback
ISBN-10
0521697670
ISBN-13
9780521697675
Edition
2 Revised edition
Publisher
Cambridge University Press
Imprint
Cambridge University Press
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Jun 14th, 2010
Print length
300 Pages
Weight
450 grams
Dimensions
22.80 x 15.40 x 1.80 cms
Product Classification:
Environmental economicsEnvironmental economics
Ksh 7,150.00
Manufactured on Demand
0 in stock
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Resource Economics is a text for students with a background in calculus and intermediate microeconomics and a familiarity with Excel. It covers basic concepts, shows how to set up spreadsheets to solve simple dynamic allocation problems, and presents economic models for fisheries, forestry, nonrenewable resources, and stock pollutants.
Resource Economics 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.
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