Economics, Resource and Applied
Minimum Requirements for Degree: 30-33 credits
Economics is the study of social activities concerned with the production, distribution and consumption of goods and services. In today’s complex world, nearly all social phenomena and problems have economic aspects. Organized knowledge of the functioning of our economy and its relations with other economic systems is therefore essential to an understanding of the world in which we live.
The economics department offers study leading to the M.S. degree in resource and applied economics. The resource economics program offers a specialization in the economics of natural resources with emphasis in a variety of specific fields possible through interdisciplinary elective courses and thesis research. These might include fisheries, wildlife management, land resources management, agriculture, oil and minerals, water resources or forest management.
The program consists of core course work in micro- and macro-economic theory, mathematical economics, economic methods and courses in the economic theory and public policy of natural resources. Master’s candidates may select a thesis or non-thesis option. Thesis topics, consistent with students’ interest and project requirements, may be selected from current research projects of the department or from one of the several research institutes on campus. Most research projects deal with issues pertinent to the development and management of Alaska’s renewable and nonrenewable resources.