ENV 795b () / 2024-2025

Nature as Capital: Merging Ecological and Economic Models

Students learnconcepts and develop skills in natural resource economicsincluding thinking about natural resources as capital assets with a specific link to quantitative measures that may be useful in assessing sustainability. Students gain a working knowledge of concepts necessary to apply capital theory to ecosystems and develop a skill set sufficient to build dynamic bioeconomic models that can help them approximate the value of changes in ecosystems. Students also learn computational toolsin Excel and Rin dynamic optimization, which are useful for forward-looking decision-making. Application focus on natural resources and conservation questions.