This lecture introduces core concepts related to the economics of sustainability. We focus on micro- vs macro-economics, positive vs normative economics, intertemporal tradeoffs (weak and strong), natural vs environmental economics, and natural vs environmental resources.
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This lecture focuses on microeconomic modeling of market failures resulting from negative and positive externalities (with the aim of applyi...
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We continue to discuss the economics of natural resources in this lecture, with a particular focus on timber rotations. In the previous lect...
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In this lecture, we close our discussion of forest/timber economics by putting an "economic rent" lens on the different rotations ...
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