APEC 5611 - Economic Aspects of Environmental Management
(3.0 cr; Prereq-[Sr or grad student] in [biological science or conservation biology or ecology or fisheries or forestry or public affairs or water resources or wildlife conservation] or CLA or #; A-F or Aud, fall, spring)
Economist approach to environmental problems such as water/air pollution. Application of supply/demand concepts to evaluation of environmental resources. Methods of evaluation. Analysis of pollution control policies from economic point of view.

APEC 5651 - Economics of Natural Resource and Environmental Policy (ENVT)
(3.0 cr; Prereq-[[3001 or Econ 3101], [4611 or Econ 3611 or NRES 3261W]] or #; fall, every year)
Economic analyses, including project evaluation of current natural resource/environmental issues. Emphasizes intertemporal use of natural resources, natural resource scarcity/adequacy, environmental quality, and mechanisms for pollution control and their implications for public policy.

APEC 5711 - U.S. Agricultural and Environmental Policy
(3.0 cr; Prereq-3001 or Econ 3101)
U.S. agricultural policy in an open world economy; role of private markets and government in regulating supply and demand; income vs. price support, supply controls, environmental constraints, and export protectionism; functioning of markets; roles of public interest groups and future of American agricultural policy.

APEC 8203 - Applied Welfare Economics and Public Policy
(3.0 cr; Prereq-calculus, intermediate econ theory; spring, every year)
Basic concepts underlying measurement of welfare change, problems of market failure and externalities, social welfare functions, and distribution within and across generations. Application of concepts, based on case studies of the environment, returns to research, technical change, and agricultural policy.

APEC 8601 - Natural Resource Economics
(3.0 cr; Prereq-[5151, 8202, [Econ 5151 or equiv]] or #; fall, spring)
Economic analysis of resource use/management. Capital theory, dynamic resource allocation. Applications to renewable/nonrenewable resources. Empirical studies, policy issues.

APEC 8602 - Economics of the Environment
(3.0 cr; Prereq-Econ 8004 or Econ 8104 or #; spring, every year)
Economic analysis of environmental management, emphasizing environmental policy. Application of microeconomic theory to problems of market failure, market-based pollution control policies, contingent valuation, hedonic models, option value, and other topics.