AREC 375
Economics of Land and Water
in the American West

Class Materials

University of Arizona


Class Time:
T Th

Office Hrs:
Tues 2-3
Fri 9-10
and by appointment

Class time:T, Th 12:30-1:45 pm
Class room: 316 Chavez (formerly Economics)
Class website:
Instructor: Dr. Steven Stewart
Office: 403E Chavez Building (formerly Economics)
Phone: 626-3892
Office Hours: Tuesday 2-3pm, Friday 9-10am, and by appointment

Only those students who have passed a microeconomics principles course such as Econ 200, 201A or AREC 217 will be retained in the course. If you took a microeconomics course somewhere other than UA, please provide me with proof of a passing grade.

Assigned readings available on the course website and Wilkinson, Charles, Crossing the Next Meridian: Land, Water and the Future of the American West, Island Press, 1992.

We will analyze environmental and natural resource issues from an economics perspective, with special emphasis on those relevant to the American West. Topics covered will include renewable and non-renewable natural resources, water, pollution, environmental protection, regulation, environmental justice, and valuation of environmental amenities.

Grading: (400 total points possible)
Exams (3 exams @ 100 points each): Two mid-term exams (dates to be announced) and a comprehensive final exam (Tuesday December 16th 11am-1pm) will be given. I don’t give make-up exams. Exams will strongly emphasize ideas from the lectures, but will also include material from the text, outside readings and guest presentations.

Participation/Projects/Discussion: (80 points)
Attendance and participation is expected. A portion of your grade will be based on your contribution to discussion, in-class exercises, quizzes, attendance, class project and experiments. If you do not participate, you will not get a grade above a C.

Journal: (20 points)
Keep a journal in which you make several weekly entries related to man’s interaction with the environment. Your entries might deal with your behavior/insights/motivations, economic institutions, religion, ethics, utility, etc – but must have connections, however tenuous they might be, with the environment and/or economics. You may want to expand on or critique some of the environmental and resource economics methods we discuss in class. I will check this a few times during the semester. Your grade is based on the amount of thought and effort you put into your journal.

Tentative exam dates:
Exam 1 Tuesday September 30th
Exam 2 Thursday October 30th
Final Exam Tuesday December 16th

Grading scale
360-400 A
320-359 B
280-319 C
240-279 D
<240 F

Last updated August 22, 2003
Document located at
website contact:

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