THE COURSE:
This course entails the application of microeconomic analysis to coastal
environmental problems and explores the underlying economic basis for the
formation of coastal and marine policies. An interdisciplinary perspective
will be coupled with formal economic analysis throughout the entire course.
Economic theories of firm and individual behavior will be used to develop formal
models of coastal development, commercial and recreational fishing, fish
population dynamics, aquaculture, and the ecological services provided by
wetlands. These formal models will provide insights into questions related
to: a) the sustainability of fish populations given commercial and recreational
demands, b) the optimal amount of public wetlands, c) the ideal amount of
coastal development, and d) the link between land use-water quality-and marine
populations. Class meetings will be devoted to discussing articles from
journals with a marine or environmental focus including; Ecological Economics,
Water Resource Economics, Fisheries Research, and the Journal of Environmental
Economics and Management. A number of guest lectures by economists and
policy makers in the marine field are planned. Upon completion of this
course students will be able to critically evaluate journal articles and conduct
economic analysis of coastal and marine policy.
2) Presentation (20%) - The last week of the semester will be reserved for individual power point presentations. This presentation will present the results of your literature review.
3) Literature Review (40%) - You will complete a comprehensive literature review of your particular field of inquiry. You will be expected to find the latest research and summarize it for the class and present your findings.
4) Take Home Exam (20%) - You will be asked to formally model
one particular question from your topic of choice. For example, maybe
you are looking at marine pollution. You will want to present and
use the appropriate economic model for analyzing the problem of marine
pollution.
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date |
topic |
reading |
remarks |
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Tuesday, April 21 |
Introduction
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http://ngm.nationalgeographic.com/2007/04/global-fisheries-crisis/fisheries-crisis-interactive http://www.youtube.com/watch?v=kXXzvGJCVAc
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films |
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Thursday, April 23 |
Fisheries and Marine resources |
Kahn ch. 11 http://www.economist.com/science/displaystory.cfm?story_id=12253181
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Tuesday, April 28 |
Ecosystem-based management |
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Thursday, April 30 |
Economic Valuation |
http://www.ecosystemvaluation.org/essentials.htm Kahn ch. 4
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Tuesday, May 5 |
Contingent valuation |
http://works.bepress.com/cgi/viewcontent.cgi?article=1006&context=james_casey |
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Thursday, May7 |
Choice modelling |
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Tuesday, May 12 |
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The Chesapeake Chat will last one hour, from 12:30 p.m. to 1:30 p.m., and will be streamed live on our website, www.chesapeakebay.net. The format is:-12:30-12:45: moderator provides overview of discussion and introduces panelists, who each provide a one- to two-minute opening statement on value of Bay from their perspective-12:45-1:15: moderator leads discussion and asks questions of panelists-1:15-1:30: audience asks questions
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no class please watch the live video |
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Thursday, May14 |
Questions for Dr. Schuhmann |
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Friday, May 15 |
Valuation in Barbados |
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Dr. Schuhmann presents - Econ Seminar 4 pm |
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Tuesday, May 19 |
TBA |
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..\development\5 questions to guide a critical reading of a scientific paper.doc |
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Thursday, May 21 |
TBA |
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Tuesday, May 26 |
Student Presentations |
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Thursday, May 28 |
Student Presentations |
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Marine Protected Areas - Hilary
Ecosystem-based management
Ecosystem Approaches to Fisheries
Choice Modelling
Contingent Valuation
Zonal Travel Cost Models
Marine Tourism - Eastern Caribbean
Marine Tourism - Western Caribbean
State of Marine Resources - Eastern Caribbean - Alex B.
State of Marine Resources - Western Caribbean
Valuation of corals - Claudia
Valuation of beaches - Thais