This course deals with the application of basic economic concepts to the problems of natural resources and with Canadian public policy issues in natural resources management. Topics covered in the course include: the resource sector and its impact on the Canadian economy, models of renewable and non-renewable resource use, the scarcity controversy, economic rents and taxation as applied to natural resources, and current issues in Canadian resource management. Lect: 3 hrs. Prerequisites: (ECN 104 and ECN 204) or Direct Entry Course Weight: 1.00 Billing Units: 1
