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University of Rhode Island — Environmental & Natural Resource Economics
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Description
Description of the Major

As of Fall 2010, the Department of Environmental and Natural Resource Economics offers one undergraduate major with two options: Green Markets and Sustainability and Environmental Economics and Management.

The Green Markets and Sustainability Option trains students to address many of the challenging issues people face today in yielding sustainable economic returns from natural resources and the environment. Students study in areas such as management of our international fisheries and other marine resources, optimal use of land and water resources, and how the market can be used to increase returns for natural resources.

Graduates of this program are well trained for jobs in both the public and private sectors. In recent years, graduates have accepted policy positions with state and national environmental agencies, technical positions with natural resource conservation groups, marketing positions with firms that produce or market natural resource commodities (such as seafood and aquaculture products, lumber, and minerals), and management positions in companies in the food and recreation industries.

This program provides excellent training for students planning to do graduate work in natural resource economics or management fields and for students with an interest in environmental law or international disputes involving natural resources who plan to go to law school.



The Environmental Economics and Management (EEM) Option blends the natural, physical, and economic sciences. Undergraduate students who have a strong interest in natural resource sciences and how the environment affects the economy will find this to be a challenging and rewarding major. The EEM option is multidisciplinary, and prepares students to analyze rigorously problems of natural resource management by developing a broader understanding of the relationships between the processes of the physical and biological world, and of economic systems.

Undergraduate students who have a strong interest in natural resource sciences, and in how the environment affects the economy, will find this to be a challenging and rewarding major. This option is multidisciplinary and prepares students to rigorously analyze problems of natural resource management by developing a broader understanding of the relationships between the processes of the physical and biological world and of economic systems.

Government agencies, at the federal, state, and local levels, are moving to implement ecosystem management as a foundation for setting policy and making environmental management decisions. In addition, most environmental policy assessments are now mandated to analyze the economic implications of those government decisions. Environmental managers are rapidly finding that environmental—or ecosystem—management problems are often driven by economic incentives. These factors suggest that environmental managers of the present and future will need an ever-increasing understanding of how economics may impact environmental management decisions and their effectiveness. Furthermore, private sector business, industry, and consulting will have an increasing demand for environmental specialists who understand both the natural sciences and the economy, particularly as the private sector faces new regulations on environmental quality.