Ashutosh Sarker, Ph.D., Adjunct Professor


University of Alberta
9-05 Tory (H.M.) Building
11211 Saskatchewan Drive NW
Edmonton AB
T6G 2H4

Faculty of Arts - Economics Dept


Area of Study / Keywords

Institutional Economics; Political Economy; Public Economics; Behavioral Economics; Neuroeconomics


As a resource economist, I possess extensive research and teaching experience at the intersection of institutional economics, behavioral economics, public policy, and common property resource management within diverse global and local contexts.

I am a Canadian citizen.


My research philosophy resonates with the thought that the divides between disciplines are artificial and that moving beyond them can help us seek more focused answers to old and new questions alike. The research philosophy inspires me to review research questions relevant to the discipline of economics from the perspectives of other disciplines, including public administration, political science, and neuroscience. 

As a resource economist, I have obtained research experience at the University of Alberta in Canada, Monash University, Yokohama National University in Japan, the University of Queensland in Australia, and the University of British Columbia in Canada. My research stands at the intersection of institutional economics, behavioral economics, and common-pool resource management. I have published over 20 papers. My articles have appeared in 14 Scimago Q1-ranked journals including Journal of Institutional Economics, Ecological Economics, Journal of Economic Behavior and Organization, Public Administration, Journal of Rural Studies, and Journal of Hydrology. I have presented papers at international conferences held in Canada, Australia, the United States, the Netherlands, Italy, the United Kingdom, Japan, and Brazil. On three occasions, I was invited by Nobel laureate in economics, Professor Elinor Ostrom, to give colloquium presentations at The Vincent and Elinor Ostrom Workshop in Political Theory and Policy Analysis at Indiana University in the United States.

In particular, I was a recipient of a visiting fellowship at Harvard University in the United States and visited the university in 2018.

With my team members, I have secured more than 12 competitive research grants from different funding agencies. I have also developed an innovative teaching method that accommodates modern IT, students’ learning styles, and their social backgrounds for students in economics.

By supervising honors and Ph.D. students, I have learned that supervision is a dynamic, open, non-defensive two-way process during which an exchange of information is critical to the research planning, implementation, and reporting process.


Throughout my academic pursuits, I have learned that the ultimate goal of teaching is to motivate students to become active, reflective, and reactive learners who think critically and solve problems both independently and as part of a team.

My teaching method is to engage students in innovative thinking through the process of a demonstration by involving integrative approaches. This is to enhance students’ critical thinking skills, as well as, helps them define and address a research problem, then explore and evaluate solutions.

The courses I teach include microeconomics, macroeconomics, managerial economics, and environmental and natural resource economics.


ECON 101 - Introduction to Microeconomics

How markets and governments determine which products are produced and how income is distributed in the Canadian economy. Not open to students with credit in ECON 204.

ECON 281 - Intermediate Microeconomic Theory I

The theory of consumer behavior; theory of production and cost; price and output determination under competition, monopoly and other market structures. Prerequisite: ECON 101 or equivalent.

ECON 341 - Money and Banking

Financial intermediation, commercial banking, central banking, securities markets, and regulation of the banking and financial sectors, the money supply process and monetary control. Prerequisites: ECON 109 and ECON 282. Students may not receive credit for both ECON 341 and FIN 414.

ECON 365 - Resource Economics

Issues in the production of exhaustible and renewable natural resources, including exploration, extraction, and taxation; scarcity and pricing; contemporary Canadian resource policy issues. Prerequisites: ECON 109 and ECON 281. Students may not receive credit for both ECON 365 and AREC 365.

Browse more courses taught by Ashutosh Sarker


Do Tragedy Theories Explain Satoyama’s Degradation and Institutional Evolution in Japan?

Author(s): Sarker, A.
Publication Date: 11/23/2022
Publication: International Review of Environmental and Resource Economics (Scimago: Q1)
Volume: 16
Page Numbers: 281-307
DOI: 10.1561/101.00000147

Does Oil Impact Gold during COVID-19 and Three Other Recent Crises

Author(s): Tanin, T. I., A. Sarker, R. Brooks, and H. Do.
Publication Date: 2/27/2022
Publication: Energy Economics (Scimago: Q1)
Volume: 108
DOI: 10.1016/j.eneco.2022.105938

Do Volatility Indices Diminish Gold’s Appeal as a Safe Haven to Investors before and during the COVID-19 Pandemic?

Author(s): Tanin, T. I., A. Sarker, S. Hammoudeh, and M. Shahbaz.
Publication Date: 11/1/2021
Publication: Journal of Economic Behavior & Organization (Scimago: Q1)
Volume: 191
Page Numbers: 214-235
External Link:

Do Currency Exchange Rates Impact Gold Prices? New Evidence from the Ongoing COVID-19 Period

Author(s): Tanin, T. I., A. Sarker, and R. Brooks
Publication Date: 8/9/2021
Publication: International Review of Financial Analysis (Scimago: Q1)
External Link:

Ecological Perspectives on Water, Food, and Health Security Linkages: the Minamata Case in Japan

Author(s): Sarker, A.
Publication Date: 5/1/2021
Publication: Environmental Science and Pollution Research International (Scimago: Q1)
External Link:

Economics of Underproduction: A Polycentric Approach for a Depopulated Commons in Japan

Author(s): Sarker, A.
Publication Date: 5/1/2020
Publication: Ecological Economics (Scimago: Q1)
External Link:

Addressing Misperceptions of Governing the Commons

Author(s): Sarker, A. and W. Blomquist
Publication Date: 4/1/2019
Publication: Journal of Institutional Economics (Scimago: Q1)
External Link:

Natural Resource Use, Institutions, and Green Ergonomics

Author(s): Sarker, A., W.C. Poon, and G. Herath.
Publication Date: 4/5/2018
Publication: Ergonomics and Human Factors for a Sustainable Future
External Link:

GST Compliance and Challenges for SMEs in Malaysia

Author(s): Yong, M.C., J. Kasipillai, and A. Sarker
Publication Date: 12/1/2017
Publication: eJournal of Tax Research
External Link:

River and Fish Pollution in Malaysia: A Green Ergonomics Perspective

Author(s): Poon, W.C., G. Herath, A. Sarker, T. Masuda, and R. Kada
Publication Date: 11/1/2016
Publication: Applied Ergonomics (Scimago: Q1)
External Link:

Design Principles for Managing Coastal Fisheries Commons in Present-day Japan

Author(s): Sarker, A., T. Ikeda, T. Abe, and K. Inoue
Publication Date: 9/1/2015
Publication: Ecological Economics (Scimago: Q1)
External Link:

Federated Rural Organization for Governing the Commons in Japan

Author(s): Sarker, A.
Publication Date: 10/1/2014
Publication: Journal of Rural Studies (Scimago: Q1)
External Link:

User Self-Governance in a Complex Policy Design for Managing Water Commons

Author(s): Sarker, A., T. Itoh, R. Kada, T. Abe, M. Nakashima, and G. Herath
Publication Date: 3/14/2014
Publication: Journal of Hydrology (Scimago: Q1)
External Link:

The Role of State Reinforced Self-Governance in Averting the Tragedy of the Irrigation Commons in Japan

Author(s): Sarker, A
Publication Date: 2/11/2013
Publication: Public Administration (Scimago: Q1)
External Link:

The Nature of the Governance of Japanese Irrigation Common-Pool Resources

Author(s): Sarker, A., and T. Itoh
Publication Date: 11/30/2010
Publication: Society and Natural Resources (Scimago: Q1)
External Link:

The Development of Group Farming in Post-War Japanese Agriculture

Author(s): Sarker, A., and T. Itoh
Publication Date: 11/30/2010
Publication: Journal of Rural Cooperation
External Link:

Managing Groundwater as a Common-Pool Resource: An Australian Case Study

Author(s): Sarker, A., C. Baldwin, and H. Ross
Publication Date: 10/1/2009
Publication: Water Policy
External Link:

Interdependence of Common Pool Resources: Lessons from a Set of Nested Catchments in Australia

Author(s): Sarker, A., H. Ross, and K. K. Shrestha
Publication Date: 12/6/2008
Publication: Human Ecology (Scimago: Q1)
External Link:

A Common-Pool Resource Approach for Water Quality Management: An Australian Case Study

Author(s): Sarker, A., H. Ross, and K. K. Shrestha
Publication Date: 12/1/2008
Publication: Ecological Economics (Scimago: Q1)
External Link:

Collaborative Planning and Management of Natural Resources: Exploring Ecosystems as Common-Pool Resources in Australia

Author(s): Shrestha, K.K. and A. Sarker
Publication Date: 2008
Publication: Dialogues in Urban Planning
External Link:

Design Principles in Long-Enduring Institutions of Japanese Irrigation Common Pool Resources

Author(s): Sarker, A., and T. Itoh
Publication Date: 6/1/2001
Publication: Agricultural Water Management (Scimago: Q1)
External Link: