Natural Resource Economics
The field of natural resource economics focuses on making decisions about how to make use of natural resources in a sustainable way, while supporting economic growth. Read on to find out more about natural resource economics.
Inside Natural Resource Economics
Natural resource economics involves the study of the supply, demand and distribution of natural resources and the economic impact of natural resource allocation. The goal of natural resource economics is to develop systems that are sustainable, while promoting economic development.
Degree programs in natural resource economics cover a broad spectrum of topics, such as finance, economic development, social science, environmental science and policy development. Students also learn about the various economic theories that are applicable to current environmental and natural resource issues.
Degrees in natural resource economics are available at the bachelor's, master's and doctoral levels. Graduates are prepared for careers working in the public or private sector as consultants or analysts, among other positions. Professionals work on issues that range from policy development and energy conservation to land use.
According to the U.S. Bureau of Labor Statistics (BLS), economists can expect an estimated six percent growth in employment from 2008-2018 (www.bls.gov). However, the BLS also estimated that employment growth would be the most profound in the private sector. As of May 2010, economists earned a mean annual wage of $99,350. The tenth percentile earned $48,250 annually, while the 90th percentile earned an annual wage of $155,490.
Learn More About Natural Resource Economics
If you would like to learn more about natural resource economics, you could explore the variety of resources available through Education-Portal.com. You can research distance learning courses and degree programs in addition to traditional degree options in this field, and then examine the career options available to you.
There are numerous degree options available dealing with natural resources and economics. Here are a few to consider.
- Bachelor of Science in Natural Resource Management
- Natural Resource Management PhD Program
- Ph.D. in Economics Program Information
Careers in economics and business can be challenging and rewarding experiences. You can determine if this is a field that may interest you by reading the information below.
Distance Learning Options
You can begin your education online today through distance learning programs. Here are a few relevant options that may serve your future career goals.
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