An overview of some economic techniques used in the analysis of natural resources. It considers some fundamental areas of mineral economics and the mineral economy in Australia. It then uses standard economic concepts, theories and analysis to enhance appreciation of selected natural resources issues. The relationship of non-renewable resource extraction to the economic development process is presented. An emphasis is placed on understanding why natural resources pose particular analytical and policy problems, and on illustrating the contribution that economic analysis can make to the solution of these problems. -- Course Website
Prerequisites: 310170 (v.2)<br/> Economics for Managers 551
