Description: newseal2.jpg

ECONOMICS 310
NATURAL RESOURCE ECONOMICS

Fall 2015
Instructor - Robert F. Mulligan
mulligan@wcu.edu
 http://paws.wcu.edu/mulligan/

COURSE CALENDAR

POWERPOINTS & STUDY QUIZZES

SUPPLEMENTAL MATERIALS

EXAM REVIEW TOPICS

INSTRUCTOR OFFICE HOURS

ECON FILM SERIES

WRITING ASSIGNMENT

RFM HOME

 

"Practical men, who believe themselves exempt from any intellectual influences, are usually the slaves of some defunct economist.  Madmen in authority, who hear voices in the air, are distilling their frenzy from some academic scribbler of a few years back. - John Maynard Keynes

Office hours MWF 11:00 - 12:00 PM, or by appointment.  I am always happy to talk to students outside my scheduled hours.  Feel free to drop in without an appointment, but if you are coming from off campus, call first to make sure I will be available. I will not be available Mondays or Tuesdays before an exam. 

 

Offices – Forsyth 224A,  Camp 110C, Phone - (828) 227-3329. 

 

1. Required Text - James R. Kahn, The Economic Approach to Environmental and Natural Resources, 3rd edition.

 

Red Zone Campaign

Western Carolina University supports its campus community members in their right to healthy, happy, consensual relationships and is dedicated to developing a culture of respect and nonviolence. Early in the first and second year at college, students enter the “Red Zone,” where they are more at-risk for unwanted sexual experiences on college campuses. And, according to NCHA 2013 data, 16.0% of WCU men and women indicated being in an emotionally, physically, or sexually abusive relationship in the past 12 months. As a result, the Red Zone Campaign encourages and empowers students, faculty, and staff to develop an open dialogue on the dangers of sexual violence and to speak up when they see violent behavior occurring.

 

If you notice red flags in yours or a friend’s relationship, are experiencing violence or have in the past, you have a number of resources available to you:

• Counseling and Psychological Services (828.227.7469 or counselingcenter.wcu.edu)

• REACH of Macon County services in Jackson County (828.586.8969 or www.reachofmaconcounty.org)

To report a crime, please contact University Police at 828.227.8911 (Emergency line).

For more information, please visit redzone.wcu.edu or contact Sarah Carter at sacarter@wcu.edu.

 

Office of Disability Services

Accommodations for Students with Disabilities: Western Carolina University is committed to providing equal educational opportunities for students with documented disabilities and/or medical conditions.  Students who require reasonable accommodations must identify themselves as having a disability and/or medical condition and provide current diagnostic documentation to the Office of Disability Services.  All information is confidential.  Please contact the Office of Disability Services at (828) 227-3886 or come by Suite 135 Killian Annex for an appointment.

 

Student Support Services

Student Support Services provides support to students who are either first-generation, low-income or those who have disclosed a disability with: academic advising, mentoring, one-on-one tutorial support, and workshops focused on career, financial aid and graduate school preparation. You may contact SSS at (828) 227-7127 or email sssprogram@wcu.edu for more information. SSS is located in the Killian Annex, room 138.

 

Writing and Learning Commons (WaLC)

The Writing and Learning Commons (WaLC), located in BELK 207, provides free course tutoring, writing tutoring, academic skills consultations, international student consultations, graduate and professional exam preparation resources, and online writing and learning resources for all students.  All tutoring sessions take place in the WaLC or in designated classrooms on campus. To schedule tutoring appointments, visit the WaLC homepage (http://walc.wcu.edu) or call 828-227-2274. Distance students and students taking classes at Biltmore Park are encouraged to use Smarthinking and the WaLC’s online resources. Writing tutoring is offered at the Biltmore Park campus on certain days of the week; call 828-227-2274 for availabilities.

 

Academic Calendar includes dates for all breaks, university closures, final exams, etc.  The academic calendar can be found at:  http://www.wcu.edu/academics/campus-academic-resources/registrars-office/academic-calendar.asp.

 

2. Course Objectives

"The world consists of facts, not of things." - Ludwig Wittgenstein

a. Develop an understanding of economic markets and how they function to transmit information, provide incentives to economic agents, allocate resources, and distribute income, and satisfy peoples' wants.
b. Explore the different roles played by households, firms, and the government in the economy.
c. Explore how natural resources act as constraints on satisfying individual wants, but how they make it possible for individuals to satisfy their wants in the first place.

 

We will cover the following chapter in Kahn:


1. Introduction.

2. Economic Efficiency and Markets: How the Invisible Hand Works.

3. Government Intervention in Market Failure.

4. Valuing the Environment.

5. Environmental Decision-Making: Criteria and Methods of Assessment.

6. The Macroeconomics of the Environment.

7. Global Environmental Change: Ozone Depletion and Global Climate Change.

8. Energy and the Environment.

9. The Use of Energy and the Environment.

12. Temperate Forests.

14. Biodiversity and Habitat Preservation.

15. Water Resources

 

 

3.  Suggested Study Strategy

Spend no less than twenty-thirty minutes each weeknight reviewing, recopying, and reorganizing your notes, in addition to reading the assigned chapters of Kahn.  This adds up to about 8-10 hours of study time each month. Be committed to spending enough time each day to cover the material you need to, and to fully reviewing your notes and identifying areas requiring further work and things you need to ask me about.   Spread out this way, your study time will be much more productive than an equivalent amount of cramming before tests.   In addition to taking lecture notes in class, read, outline, and make notes on all assigned readings.  Take the chapter quizzes posted on the course website to test your understanding and identify problem areas which need further work.  Take all the applicable chapter quizzes to prepare for exams.  The more time you have spent on the course, the easier it will be to spend additional time studying, and the more productive additional study time will be for you.  Start this strategy the first day of class, because the sooner you start, the easier it will be to continue.

   

4. Course Policies & Organization

"Eighty percent of success is just showing up." - Woody Allen

 

a. Absence policy:

Class attendance is essential.  Attendance is important because: 
     1. Responsible adults display responsible behavior, and 
     2. Difficult concepts will be explained and administrative announcements will be made in class. 

 

"Be content with fruit, with flowers, with weeds, even with thorns, but gather them in the one garden you may call your own."
Edmond Rostand, Cyrano de Bergerac

 

b. Grades:  Out of a total of 11000 possible points: 

Test 1

100 points

Test 2

200 points

Test 3/Final Exam

300 points

Linked In Assignment

100 points

Total:

700 points

you will receive the following letter grade: 

Letter Grade

Minimum Required Percentage

A+

93.33%

A

90.00%

A-

86.67%

B+

83.33%

B

80.00%

B-

76.67%

C+

73.33%

C

70.00%

C-

66.67%

D+

63.33%

D

60.00%

D-

56.67%

F

0

Cheating will not be tolerated and will result in an automatic grade of F for the course. 

 

"Champions keep playing until they get it right." - Billie Jean King

 

c. Examination Policies:

     1. No make ups. 
     2. Cheating will result in an automatic grade of F for the course. 
     4. There will be three cumulative exams.  Exam 3 will be administered on the last week of class and may be taken in place of the final. A final exam will be given during the scheduled final exam period. You may take either or both. If you take both, only the highest score will count. If you do better on test 2 than test 1, your test 2 grade will count for both tests 1 and 2. 
     5.  If you do better on test 3 than test 1 or test 2, your test 3 grade will replace each of the earlier test grades it is higher than.  Same with the final.
     6. Always bring a calculator on test days.  You will not be permitted to take any exams without these items.

 

d. Withdrawal Policy:

     1. Students considering withdrawal prior to the withdrawal deadline should make an appointment to discuss withdrawal with the instructor. This is to give me the opportunity to advise you of your options and standing in the class. I do not attempt to stop students from withdrawing. 
     2. Ws will not be given after the appropriate deadline except for documented medical or legal reasons. See the WCU Undergraduate Catalog.

     3. Every semester a number of students receive Fs because they stop attending class and taking exams, but do not formally withdraw through the registrar. Don't let this happen to you.

 

5. Electronic Writing Assignment:

One graded writing assignment is to create a resume-like homepage on the professional networking website LinkedIn (http://www.linkedin.com).  Register for a free, non-premium account.  At a minimum, list Western Carolina University as your school, from the year you enrolled, to the future year you expect to graduate.  Any other information is optional, but everything you include in your personal profile must be (a.) honest and factually correct, and (b.) must be presented in a mature, professional manner.  You may wish to include information on past and/or current employment, extra-curricular activities, etc.  If you post a picture, it must present a professional appearance.   When you are done and ready for your profile to be graded, invite me to add you as a contact.  My email address is mulligan@wcu.edu.  This assignment is due on Friday, September 4, but you are welcome to complete it earlier.

  

6.  Course calendar:

Read assigned chapters before the day they will be discussed in class.

 

ECON 310 CALENDAR