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 Outcomes

Successful students will demonstrate:

  • Technical competency including appropriate use of economic theory in formulating analytical problems, identifying and gathering appropriate data, and employing appropriate economic methods to analyze those problems, utilizing appropriate available computer technology.
  • Ability to solve real-world problems beyond the pedagogical context. 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.
  • Proficiency in oral and written communication including the ability to communicate critically and analytically at a professional level.

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 2020

Freshman
AUCCCredits
AGRI 192Orientation to Agricultural Systems 1
AREC 202Agricultural and Resource Economics (GT-SS1)3C3
CO 150College Composition (GT-CO2)1A3
CS 110Personal Computing 4
ECON 204Principles of Macroeconomics (GT-SS1)3C3
MATH 117College Algebra in Context I (GT-MA1)1B1
MATH 118College Algebra in Context II (GT-MA1)1B1
MATH 124Logarithmic and Exponential Functions (GT-MA1)1B1
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 
Arts and Humanities3B3
Biological and Physical Sciences3A3
Natural Resource or Agriculture Elective1 3
 Total Credits 30
Sophomore
 
ACT 205Fundamentals of Accounting 3
MATH 141Calculus in Management Sciences (GT-MA1)1B3
SPCM 200Public Speaking 3
Advanced Writing23
Foundations and Perspectives3B, 3D, 3E9
Natural Resource or Agriculture Elective1 3
Electives 6
 Total Credits 30
Junior
 
AREC 335/ECON 335Introduction to Econometrics 3
AREC 340/ECON 340Introduction-Economics of Natural Resources 3
ECON 306Intermediate Microeconomics 3
STAT 301Introduction 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 Development4B 
Study Abroad--Italy: Economics of the Renaissance in Modern Italy  
Study Abroad--Italy: Food and Resource Economics  
Natural Resource or Agriculture Electives1 6
 Total Credits 30
Senior
 
AREC 341Environmental Economics 3
AREC 440Advanced Environmental and Resource Economics4A,4C3
ECON 304Intermediate 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
Agricultural Production Management  
Agricultural Policy4B 
Social Benefit Cost Analysis  
Economics of Public Finance  
Economics of International Finance and Policy  
Geospatial Applications in Natural Resources
Introduction to Geographic Information Systems
  
Natural Resource or Agriculture Elective1 3
Electives3 6
 Total Credits 30
 Program Total Credits: 120
Freshman
Semester 1CriticalRecommendedAUCCCredits
AGRI 192Orientation to Agricultural Systems   1
AREC 202Agricultural and Resource Economics (GT-SS1)X 3C3
CS 110Personal Computing   4
MATH 117College Algebra in Context I (GT-MA1)X 1B1
MATH 118College Algebra in Context II (GT-MA1)  1B1
MATH 124Logarithmic and Exponential Functions (GT-MA1)  1B1
Arts and Humanities  3B3
 Total Credits   14
Semester 2CriticalRecommendedAUCCCredits
CO 150College Composition (GT-CO2)X 1A3
ECON 204Principles of Macroeconomics (GT-SS1)  3C3
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 
Biological and Physical Sciences  3A3
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
Sophomore
Semester 3CriticalRecommendedAUCCCredits
ACT 205Fundamentals of Accounting   3
MATH 141Calculus in Management Sciences (GT-MA1)X 1B3
Arts and Humanities  3B3
Historical Perspectives  3D3
Elective   3
 Total Credits   15
Semester 4CriticalRecommendedAUCCCredits
SPCM 200Public Speaking   3
Advanced Writing  23
Diversity and Global Awareness  3E3
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 5CriticalRecommendedAUCCCredits
STAT 301Introduction to Applied Statistical MethodsX  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 6CriticalRecommendedAUCCCredits
AREC 335/ECON 335Introduction to Econometrics   3
AREC 340/ECON 340Introduction-Economics of Natural ResourcesX  3
ECON 306Intermediate 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 7CriticalRecommendedAUCCCredits
AREC 341Environmental EconomicsX  3
ECON 304Intermediate Macroeconomics   3
ENRE Skills course (See list on program requirements tab.)   3
Elective   6
 Total Credits   15
Semester 8CriticalRecommendedAUCCCredits
AREC 440Advanced Environmental and Resource EconomicsX 4A,4C3
Select one course from the following:X  3
Agricultural LawX   
U.S. Environmental Politics and PolicyX   
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   15
 Program Total Credits:   120