Environmental and Resource Economics Major (B.S.)


Students majoring in environmental and resource economics will normally concentrate in one of the following three areas: environmental and natural resource economics, agricultural economics, or community economics. One capstone experience, supervised and approved within the major, is required of all seniors. The capstone explores areas of interest based on the integration of prior learning. The capstone requirement may be satisfied through a course, created work or product, or some form of experiential learning (e.g., honors thesis, mentored research project, and other special student activity). In addition, students must satisfy University requirements, including those for the Discovery Program. Majors interested in the economic or business aspects of agriculture and natural resources will be expected to take courses in the biological sciences.

Upon graduation, students are qualified for a wide variety of opportunities. Private business, public institutions, and government agencies currently have a strong demand for specialists trained in natural resource development; land and water use policy; natural resource and small business management; agricultural, fisheries, and forestry marketing; and community development. In many cases, students may wish to improve their qualifications by pursuing more specialized graduate studies.

Required Courses
ECON 401Principles of Economics (Macro)4
ECON 605Intermediate Microeconomic Analysis4
ECON 611Intermediate Macroeconomic Analysis4
or ECON 635 Money and Banking
EREC 411Environmental and Resource Economics Perspectives (or equivalent) 14
EREC 525Statistical Methods and Applications4
EREC 601Agribusiness Economics and Management4
MATH 420Finite Mathematics4
or MATH 424B Calculus for Life Sciences
Select at least five of the following, two must be 700 level:
EREC 535Being a Locavore4
EREC 572Introduction to Natural Resource Economics4
EREC 606Land Economics Perspectives: Uses, Policies, and Taxes4
EREC 627Community Economics4
EREC 680Agricultural and Food Policy4
EREC 708Environmental Economics4
EREC 756Rural and Regional Economic Development4
EREC 760Ecological-Economic Modeling for Decision Making4
NR 602Natural Resources and Environmental Policy4
NR 643Economics of Forestry4
CEP 614Fundamentals of Planning4
CEP 777Topics in Community Planning4
TOUR 767Social Impact Assessment4
The capstone can be fulfilled through a course (EREC 708, EREC 756, EREC 760, CEP 777 or TOUR 767), or a created work or product, or some form of experiential learning (e.g., honors theses, mentored research projects in EREC 795, EREC 799, and other special student activities)

EREC 411 cannot be used to satisfy the Social Science Discovery program requirement; EREC 411 cannot be taken for credit if credit has been earned for ECON 402.

Students are encouraged to consider adding additional courses from the economics (ECON) department to their program.  In special cases, students may petition to have these courses, particularly ECON 706 and ECON 726, substitute for major EREC electives.