Land Economy

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Course Co-ordinator: Douglas C MacMillan

Pre-requisite(s): None

Co-requisite(s): None

Note(s): None

* Definition and understanding of economic concepts such as supply and demand, costs and revenues, efficiency, WTP and WTA
* Agricultural and land economics
* Market failure and the environment
* Economic decision-making
* Valuing nature from an economic perspective

One two-hour lecture per week, 3 two-hour seminars and directed reading

One two-hour exam (60%) one essay or report (40%)