Economics and Management

Administered by the Department of Forestry and Environmental Resources

Economics and Management option graduate students study the trade-offs associated with how society interacts with natural resources in order to assess and improve natural resource policy and management. Students focus on trade-offs at many different spatial and temporal scales. Examples include non-market valuation of ecosystem services, optimal management of forest stands with changing climate, carbon and market consequences of using biomass energy, sustainable development and long-term projections of ecological and economic sustainability.

Job Opportunities

Persons graduating from this discipline have obtained employment with state and federal natural resource agencies, private consulting firms, non-governmental conservation organizations, and forest management organizations. Many students continue studies at the PhD level.

Faculty Contacts

Robert Abt, bob_abt@ncsu.edu, 919.515.7791

Frederick Cubbage, fred_cubbage@ncsu.edu, 919.515.7789

Rajan Parajuli, rparaju@ncsu.edu, 010-513-2579

Joseph Roise, joe_roise@ncsu.edu, 919.515.7783

Erin Sills, erin_sills@ncsu.edu, 919.515.7784

Prerequisites

A Bachelor of Science or Bachelor of Arts degree is required. Students without a background in natural resources or a related field may be required to take up to 12 credit hours of undergraduate course work. Students without a background in intermediate microeconomics may need to take an additional undergraduate course in economics as a prerequisite for courses listed in the technical option core curriculum.

Master of Natural Resources Core Curriculum (required)

Course Description Credit Hours
NR 500 Natural Resource Management 3
NR 571 Current Issues in Natural Resource Policy 3
ST 5** A graduate level statistics course 3
NR 601 NR Graduate Seminar (or equivalent seminar course) 1
FOR 603 Research Methods (FER graduate students only)
1
Total Credit Hours 11

 

Technical Option Core Curriculum

Students are required to take 9 credits in natural resource economics or management. Courses can be taken from the list below, or others may be substituted with approval of the advising committee.

 

NCSU
Course Description Credit Hours
ECG (ARE) 436 Environmental Economics
3
ECG 505 Applied Microeconomic Analysis
3
ECG 512 Law and Economics
3
ECG 515 Environmental and Resource Policy
3
ECG 540 Economic Development
3
ECG 548 International Economics
3
ECG (ST) 561 Intermediate Econometrics
3
ECG 700 Fundamentals of Microeconomics
3
PA 511 Public Policy Analysis
3
PA 550 Environmental Policy
3
OR 501 Introduction to Operations Research
3
OR 505 Introduction to Linear Programming
3
BMA 567 Modeling Biological Systems
4
FOR 505 Forest Management
4
FOR 509 Forest Policy
1
GIS 520 Spatial Problem Solving
3
FOR 734 Advanced Forest Management Planning (prerequisite of FOR 505, OR 501 or higher)
3
ST 708 Applied Least Squares
3
ST 732 Applied Longitudianal Data Analysis
3
ST 733 Applied Spatial Statistics
3
Based on student interest, special topics courses (595) with variable credit hours are offered at NCSU including:
Non-market Valuation
Risk Assessment
Pine Plantation Management
Survey Methods

UNC-Chapel Hill

Course Description Credit Hours
PLCY 717 Institutional Analysis for Public Policy
3
PLCY 895 Institutional Analysis for Public Policy
3
ECON 785 Theory of Environmental Policy: Taxes & Permits
3
ENVR 685 Water & Sanitation Planning and Policy in Developing Countries
3
ENVR 785 Public Investment Theory
3

DUKE

Course Description Credit Hours
Environ 711 Energy and the Environment
3
Environ 752 Sustainability and Renewable Resource Economics
3
Environ 538 Global Environmental Health: Economics & Policy
3
Environ 520 Resource and Environmental Economics
3
Environ 520D Economic Analysis of Res & Environmental Policies
3
Environ 521 Resource and Environmental Economics II
3
Environ 563 Economic Analysis & Evaluation for Public Health and Environment
3
Environ 640 Climate Change Economics & Policy
3
Environ 680 Economics of Forest Resources
3
Environ 850 Program Evaluations of Environmental Policies
3
Environ 832 Environmental Decision Analysis
3
PPS 580S Water Cooperation & Conflict
3
Based on student interest, special topic courses with variable credit hours are offered at Duke (ENVIRON, PUBPOL) and UNC (ENVR, PLAN)
Total Credit Hours
9

 

Additional Courses/Requirements

  • 10 additional credits of selected courses are required as selected in cooperation with the student’s advisor and advisory committee, which may include:
  • NR 695 Master’s Thesis Research or
    NR 693 Master’s Supervised Research (up to 6 credit hours)

Students who do not have a background in natural resources or a related field may be required to take up to 12 credit hours of undergraduate course work that cannot be counted towards the MNR degree program, but this is seldom required.

Total Credit Hours:  30 Credit Hours

Recent Project Titles

Links / Additional Information

Department of Forestry and Environmental Resources Prospective Graduate Students website