Economic analysis of renewable resource and environmental issues. Renewable resource theory with applications to the fishery, forestry, soils and wildlife. Economic analysis of environmental protection and policy. Topics in applied benefit-cost analysis including the valuation of non-market goods and services. Prerequisite: consent of Instructor. AREC 313 and 502 recommended. (Offered jointly by the Departments of Resource Economics and Environmental Sociology and Economics.) [Resource Economics and Environmental Sociology].