College of Agriculture & Natural Resources
Agricultural & Resource Economics

Environmental Economics and Policy

 The minor in Environmental Economics and Policy teaches students how economic analysis can be used to improve environmental policymaking. The minor examines pollution problems and how economic principles can be used to inform public policy; it considers the role of economics in the management of natural resources such as fishery, forest and water resources; and it examines the economics of land use for urban, agricultural, and other uses. Students will address questions such as: How can zoning be used to create greenways?  What is the effect of a carbon tax on energy consumption? How should commercial fishing be regulated to ensure efficiency and sustainability? This minor is open to students of all majors, with the usual stipulation that no more than six credits can be used to meet requirements of a major and of a minor.

The minor requires 15 credits. Please choose five courses from the list below.

At least nine credits must be at the 300-400 level.

**Please note all 400 level AREC courses have the following prerequisite: ECON 306 (which has preq: ECON 200, 201, and MATH 220).  

 AREC 200 The Chesapeake Bay Ecosystem: Intersection of Science, Economics, and Policy

AREC 240 Introduction to Economics and the Environment OR AREC250  Elements of Agricultural and Resource Economics

AREC 382 Computer-based Analysis in Agricultural and Resource Economics (Prerequisites: AREC 240 and MATH 111, STAT 100, or equivalent)

AREC 445 Agricultural Development, Population Growth, and the Environment

AREC 453 Natural Resources and Public Policy

AREC 454 The Economics of Climate Change

AREC 455 Economics of Land Use

AREC 422 (formerly: AREC 489F) Special Topics in Agricultural and Resources Economics; Econometric Applications in Agricultural, Environmental and Natural Resources

Another AREC course can be substituted for one of the courses listed with permission of the AREC Undergraduate Coordinator. Every request is not guaranteed.

**Please note that AREC courses are offered during fall or spring semester only.  

Declaring the minor:

To ensure appropriate academic advising, students who wish to pursue this minor should inform both the college responsible for their major and the Department of Agricultural and Resource Economics as early as possible, but in no case later than one full academic year before the expected date of graduation.  When a student has completed all requirements for the Minor, the Department shall notify the student's college, which verifies that the student has met all requirements and officially notifies the Registrar's Office. The completion of the Minor is posted on the student's official transcript only when the student completes all requirements for the bachelor's degree.

In order to enroll in the minor:

1. Review and complete the Interest form-Environmental Economics and Policy

2. Schedule an advising meeting with the Assistant Director: https://arec.youcanbook.me/

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