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Natural Resource Economics - Notes and Problems (Hardcover)
Loot Price: R2,915
Discovery Miles 29 150
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Natural Resource Economics - Notes and Problems (Hardcover)
Expected to ship within 12 - 17 working days
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Total price: R2,925
Discovery Miles: 29 250
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In this book, Jon Conrad and Colin Clark develop the theory of
resource economics. To begin, they provide an introduction to the
required techniques of dynamic optimization. Throughout the book
they build the reader's understanding with many fully-worked
problems and numerical examples. The authors have written this text
in the belief that the theory and concepts of resource are more
quickly learned, more effectively made operational, and more truly
understood if the reader is exposed to carefully explained
numerical examples. By working through the problems at the end of
each chapter, students will learn the techniques to be used in
empirical studies of natural resource systems. The first chapter
provides an introduction to optimization, including constrained
optimization, dynamic allocation problems, dynamic programming,
continuous time problems, and the maximum principle, and a
discussion of various numerical and graphical techniques. The
remaining chapters deal in depth with the economics of renewable
resources, nonrenewable resources, with environmental management
and with stochastic resource models.
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