Economic aspects of marine resource utilization and ,
management will be analyzed. Topics include open access , aspect of marine
resources; conflict and allocation of , marine resources, marine , resource
markets, marine , recreation, pollution. The economics of the principal markets
related to marine transportation, environment, and natural resources. Topics
include structures of the markets and industries involved; competition; impacts
of policies and regulations. The course analyzes the relationship among
industries, markets, technologies, and national policies, and introduces the
concepts of national income accounts, sustainability, and intergenerational
equity and their relationship to current economic practice.