Economics of Coastal and Marine Ecosystems

Catalog description

This course will view human interactions with coastal and marine ecosystems through the lens of economics. Consideration of the socioeconomic implications of policy decisions involving environmental and natural resources has become increasingly important for ecosystem management. Topics will include the basics of welfare analysis, the concept of ecosystem services, the challenges associated with public goods, methods for economic valuation of non-market goods and services, strategies for sustainable use of coastal and marine resources, and case studies of the application of fundamental principles of environmental economics to national and international policy.