Resource Economics
Jon M. Conrad | 1999-10-28 00:00:00 | Cambridge University Press | 224 | Economics
Resource Economics is a text for students with a background in calculus, intermediate microeconomics, and a familiarity with the spreadsheet software Excel. The book covers basic concepts, shows how to set up spreadsheets to solve dynamic allocation problems, and presents economic models for fisheries, forestry, nonrenewable resources, stock pollutants, option value, and sustainable development. Within the text, numerical examples are posed and solved using Excel's Solver. Through these examples and additional exercises at the end of each chapter, students can make dynamic models operational, develop their economic intuition, and learn how to set up spreadsheets for the simulation of optimization of resource and environmental systems.
Reviews
This book is the most accessible but complete and intellectually rigorous introduction to resource economics available. The book is ideal for the advanced undergraduate or master's student. The book is useful for the Ph.D. student or practitioner in the field as a first introduction to set the intuition before tackling more comprehensive and rigorous texts, such as Dasgupta and Heal or Clark. The exposition is complete but succinct, getting straight to the point.
Reviews
When you read resource economic books the first problem you face is that the auther uses his or her own special experiance and builds the entire book based on this experiance, however Doctor Conrad uses plenty of real time cases to elastrate and point out his different objectives.
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