The Major in Environmental and Natural Resource Economics prepares students to apply economic tools to evaluate the allocation and utilization of natural resources and the management of the natural environment. Economic analysis provides a strong basis to guide societal choices that directly and indirectly affect our environment. Economic theory provides a framework for understanding both environmental and natural resource issues, predicting the likely effects of government policies and regulations, and devising solutions to pressing economic and environmental problems.
This major differentiates from other programs of study that address natural resource management in that it focuses on weighing the private and public implications of choices that we make ranging from a local through a global scale. To broaden their technical training, students majoring in Environmental and Natural Resource Economics can simultaneously complete a second major in Natural Resource Management, or other more specialized majors offered through the Warner College of Natural Resources.
Learning Objectives
Upon successful completion, graduates will exhibit:
Professional Development: Graduates will embody a general awareness of issues in natural resource management and their implications in a larger societal context. Students will begin to develop a network of personal and professional connections which will foster an understanding of the culture surrounding professional expectations and conduct.
Technical Competence: Graduates will demonstrate technical competency within their chosen discipline including the ability to use the appropriate theory and methods in approaching problems, identifying and gathering appropriate evidence, and employing appropriate methods to analyze that evidence, utilizing appropriate available technology in all phases.
Problem-solving Skills: Graduates will demonstrate the ability to solve real-world problems beyond the context of the classroom. Students will be able to identify a problem and its scope, evaluate resources available to address the problem, formulate alternative solutions, and select the solution(s) most consistent with a stated objective.
Communication Skills: Graduates will demonstrate proficiency in oral and written communication in terms of substance, organization, mechanics, documentation, and synthesis. Proficient students will have the ability to clearly communicate findings, critically and analytically, at a professional level within their chosen career.
Leadership: Graduates will have developed leadership qualities that they will use in their professional, personal and community interactions leveraging the other competencies acquired in the program. These leadership qualities include vision, initiative, personal responsibility, team building, and motivating collective action.
Potential Occupations
Environmental and resource economists are employed in a wide range of fields from education and research to business and government. Profit and non-profit organizations employ economists in international and community development, international relations, and environmental and conservation analyses. Some examples include, but are not limited to, energy resource analyst, environmental researcher/analyst, resource policy analyst, natural resource analyst, environmental pollution analyst, environmental policy analyst, economic analyst/forecaster, land use planner, international development specialist, rural community organizer, community development specialist, financial analyst, foreign trade analyst, market forecaster, and extension agent. Participation in internships, volunteer activities, and cooperative education opportunities is highly recommended to enhance practical training and development. Graduates who seek further specialization are prepared to pursue advanced studies.
Effective Fall 2023
Freshman | |||
---|---|---|---|
AUCC | Credits | ||
AREC 192 | Orientation to Agricultural and Resource Econ | 1 | |
AREC 202 | Agricultural and Resource Economics (GT-SS1) | 3C | 3 |
CO 150 | College Composition (GT-CO2) | 1A | 3 |
ECON 204 | Principles of Macroeconomics (GT-SS1) | 3C | 3 |
MATH 117 | College Algebra in Context I (GT-MA1) | 1B | 1 |
MATH 118 | College Algebra in Context II (GT-MA1) | 1B | 1 |
MATH 124 | Logarithmic and Exponential Functions (GT-MA1) | 1B | 1 |
Select four credits from the following: | 4 | ||
Principles of Animal Biology (GT-SC2) | 3A | ||
Principles of Plant Biology (GT-SC1) | 3A | ||
Attributes of Living Systems (GT-SC1) | 3A | ||
Select one course from the following:1 | 3-4 | ||
Agricultural Data Management and Analysis | |||
Business Computing Concepts and Applications | |||
Personal Computing | |||
Biological and Physical Sciences | 3A | 3 | |
Diversity, Equity, and Inclusion | 1C | 3 | |
Natural Resource or Agriculture Elective2 | 3 | ||
Total Credits | 29-30 | ||
Sophomore | |||
ACT 205 | Fundamentals of Accounting | 3 | |
MATH 141 | Calculus in Management Sciences (GT-MA1) | 1B | 3 |
SPCM 200 | Public Speaking | 3 | |
Advanced Writing | 2 | 3 | |
Arts and Humanities | 3B | 6 | |
Historical Perspectives | 3D | 3 | |
Natural Resource or Agriculture Elective2 | 3 | ||
Electives | 6 | ||
Total Credits | 30 | ||
Junior | |||
AREC 335/ECON 335 | Introduction to Econometrics | 3 | |
AREC 340/ECON 340 | Introduction-Economics of Natural Resources | 3 | |
ECON 306 | Intermediate Microeconomics | 3 | |
STAT 301 | Introduction to Applied Statistical Methods | 3 | |
Select one course from the following: | 3 | ||
Agricultural and Resource Enterprise Analysis | |||
Fundamentals of Finance | |||
Select nine credits from the following ENRE Applications courses: | 9 | ||
Water Law, Policy, and Institutions | |||
Economics of Outdoor Recreation | |||
Economics of Energy Resources | |||
Ag- and Resource-Based Economic Development | 4B | ||
Study Abroad--Italy: Economics of the Renaissance in Modern Italy | |||
Study Abroad--Italy: Food and Resource Economics | |||
Natural Resource or Agriculture Electives2 | 6 | ||
Total Credits | 30 | ||
Senior | |||
AREC 341 | Environmental Economics | 3 | |
AREC 440 | Advanced Environmental and Resource Economics | 4A,4C | 3 |
AREC 492 | Senior Seminar in Ag and Resource Economics | 1 | |
ECON 304 | Intermediate Macroeconomics | 3 | |
Select one course from the following: | 3 | ||
Agricultural Law | |||
U.S. Environmental Politics and Policy | |||
Select nine credits from the following ENRE Skills courses: | 9 | ||
Data-Driven Ag and Res Econ Decision Making | |||
Agricultural Production Management | |||
Agricultural Policy | 4B | ||
Social Benefit Cost Analysis | |||
Economics of Public Finance | |||
Economics of International Finance and Policy | |||
Introduction to Geospatial Science | |||
Natural Resource or Agriculture Elective2 | 3 | ||
Electives4 | 5-6 | ||
Total Credits | 30-31 | ||
Program Total Credits: | 120 |
- 1
AREC 230 is recommended.
- 2
Select from courses with AB, AGED, AGRI, ANEQ, BSPM, BZ, CBE, CHEM, CIVE, ECOL, ESS, FW, F, GEOL, GES, HORT, LAND, LIFE, NR, NRRT, RS, SOCR, or WR subject codes.
- 3
At least one of AREC 460 or AREC 478 must be taken to fulfill AUCC 4B requirement.
- 4
Select enough elective credits to bring program total to 120 credits with a minimum of 42 upper-division (300- to 400-level) credits.
Freshman | |||||
---|---|---|---|---|---|
Semester 1 | Critical | Recommended | AUCC | Credits | |
AREC 192 | Orientation to Agricultural and Resource Econ | 1 | |||
AREC 202 | Agricultural and Resource Economics (GT-SS1) | X | 3C | 3 | |
CO 150 | College Composition (GT-CO2) | X | 1A | 3 | |
MATH 117 | College Algebra in Context I (GT-MA1) | X | 1B | 1 | |
MATH 118 | College Algebra in Context II (GT-MA1) | 1B | 1 | ||
MATH 124 | Logarithmic and Exponential Functions (GT-MA1) | 1B | 1 | ||
Diversity, Equity, and Inclusion | X | 1C | 3 | ||
Total Credits | 13 | ||||
Semester 2 | Critical | Recommended | AUCC | Credits | |
ECON 204 | Principles of Macroeconomics (GT-SS1) | 3C | 3 | ||
Select four credits from the following: | 4 | ||||
Principles of Animal Biology (GT-SC2) | 3A | ||||
Principles of Plant Biology (GT-SC1) | 3A | ||||
Attributes of Living Systems (GT-SC1) | 3A | ||||
Select one course from the following: | X | 3-4 | |||
Agricultural Data Management and Analysis | |||||
Business Computing Concepts and Applications | |||||
Personal Computing | |||||
Biological and Physical Sciences | 3A | 3 | |||
Natural Resource or Agricultural Elective (See allowable subject codes on Program Requirements Tab) | 3 | ||||
AUCC 1B (Quantitative Reasoning) must be completed by the end of Semester 2. | X | ||||
Total Credits | 16-17 | ||||
Sophomore | |||||
Semester 3 | Critical | Recommended | AUCC | Credits | |
ACT 205 | Fundamentals of Accounting | 3 | |||
MATH 141 | Calculus in Management Sciences (GT-MA1) | X | 1B | 3 | |
Arts and Humanities | 3B | 3 | |||
Historical Perspectives | 3D | 3 | |||
Elective | 3 | ||||
Total Credits | 15 | ||||
Semester 4 | Critical | Recommended | AUCC | Credits | |
SPCM 200 | Public Speaking | 3 | |||
Advanced Writing | 2 | 3 | |||
Arts and Humanities | 3B | 3 | |||
Natural Resource or Agricultural Elective (See allowable subject codes on Program Requirements Tab) | 3 | ||||
Elective | 3 | ||||
ACT 205, ECON 204, and CS 110 must be completed by the end of Semester 4. | X | ||||
Total Credits | 15 | ||||
Junior | |||||
Semester 5 | Critical | Recommended | AUCC | Credits | |
STAT 301 | Introduction to Applied Statistical Methods | X | 3 | ||
Select one course from the following: | 3 | ||||
Agricultural and Resource Enterprise Analysis | |||||
Fundamentals of Finance | |||||
ENRE Applications courses (see list on Program Requirements Tab) | 6 | ||||
Natural Resource or Agricultural Elective (See allowable subject codes on Program Requirements Tab) | 3 | ||||
Total Credits | 15 | ||||
Semester 6 | Critical | Recommended | AUCC | Credits | |
AREC 335/ECON 335 | Introduction to Econometrics | 3 | |||
AREC 340/ECON 340 | Introduction-Economics of Natural Resources | X | 3 | ||
ECON 306 | Intermediate Microeconomics | 3 | |||
ENRE Applications course (see list on Program Requirements Tab) | 3 | ||||
Natural Resource or Agricultural Elective (See allowable subject codes on Program Requirements Tab) | 3 | ||||
Either AREC 460 or AREC 478 must be selected from ENRE Applications or ENRE Skills choice blocks to satisfy AUCC 4B requirement. | 4B | ||||
Total Credits | 15 | ||||
Senior | |||||
Semester 7 | Critical | Recommended | AUCC | Credits | |
AREC 341 | Environmental Economics | X | 3 | ||
ECON 304 | Intermediate Macroeconomics | 3 | |||
ENRE Skills course (see list on Program Requirements Tab) | 3 | ||||
Electives | 5-6 | ||||
Total Credits | 14-15 | ||||
Semester 8 | Critical | Recommended | AUCC | Credits | |
AREC 440 | Advanced Environmental and Resource Economics | X | 4A,4C | 3 | |
AREC 492 | Senior Seminar in Ag and Resource Economics | X | 1 | ||
Select one course from the following: | X | 3 | |||
Agricultural Law | X | ||||
U.S. Environmental Politics and Policy | X | ||||
ENRE Skills Courses (see list on Program Requirements Tab) | X | 6 | |||
Natural Resource or Agricultural Elective (See allowable subject codes on Program Requirements Tab) | X | 3 | |||
Either AREC 460 or AREC 478 must be selected from ENRE Applications or ENRE Skills choice blocks to satisfy AUCC 4B requirement. | X | 4B | |||
The benchmark courses for the 8th semester are the remaining courses in the entire program of study. | X | ||||
Total Credits | 16 | ||||
Program Total Credits: | 120 |