ECO 370 Wk 1 Discussion – Natural Resources

Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students.

Due Thursday

Respond to the following in a minimum of 175 words:

In Week 1, we look at a general introduction to environmental economics, including incentives, environmental policy design, environmental regulation and economic growth, the concept of sustainability, and the resource path. Please explain and share examples of these concepts, especially as it relates to your local area. Additionally, you might answer some of the following questions:

As part of the discussion response, please summarize key concepts and vocabulary of natural resource economics—what are major natural resource sources, what methods are used for extraction, what influences production, and how does consumer demand shape consumptions and natural resource utilization?

Due Monday

Reply to at least 2 of your classmates. Be constructive and professional in your responses.