ECON 341
  • Brightspace
  • Materials
    • Lecture Slides
    • Classwork
    • Homework
    • Exam Guides
  • Project
    • Guideline
    • Kickoff report
    • Topic Atlas
    • Peer evaluation
  • What I do

  • Start Here
    • Home
    • Semester map
    • Syllabus
  • Weekly Roadmap
    • 01 · Scarcity + markets
    • 02 · Externality toolkit
    • 03 · Externalities + experiment
    • 04 · Rights + institutions
    • 05 · Trade-offs through time · Coming soon
    • 06 · Depletable resources · Coming soon
    • 07 · Valuing nature I · Coming soon
    • 08 · Valuing nature II · Coming soon
    • 09 · Fisheries + commons · Coming soon
    • 10 · Land + location · Coming soon
    • 11 · Forest rotation + fire · Coming soon
    • 12 · Disaster risk · Coming soon
    • 13 · Insurance + resilience · Coming soon
    • 14 · Sustainability · Coming soon
    • 15 · Policy studio · Coming soon
    • 16 · Present + synthesize · Coming soon

ECON 341 · Natural Resource Economics Instructor: Byeong-Hak Choe SUNY Geneseo · Fall 2026

ECON 341 · Fall 2026 · SUNY Geneseo

What should we take—and what should we leave?

Learn how economists value, allocate, and govern natural resources when choices made today reshape the possibilities available tomorrow.

Start with Week 4 Homework 1 · Due Sep 23, 9:30 AM

Week 04 · Sep 14–18

This week’s materials

Property Rights + Resource Institutions

Classwork 3Fishing Experiment · Results and Debrief Lecture 4Property Rights + Institutions · Start at p. 17 Classwork 4Designing Rules for a Shared Aquifer
Everything in reach

Open the right field station.

Weekly pages tell you what to focus on. These collections keep every published course item easy to find.

Lecture slidesModels, graphs, cases, and visual explanations from class. ClassworkPractice, games, and simulations for learning the mechanisms by doing. HomeworkProblem sets and case analysis. Submit completed work in Brightspace. Group projectFind a fishery, forest, aquifer, landscape, or risk system for the group project. Semester mapSee the week-by-week course path, topics, readings, and major dates. SyllabusCourse policies, outcomes, readings, assessment, and full schedule.

Dates to keep in view

Plan around the turning points.

Aug 24First course meeting
Oct 16Quiz
Oct 19Midterm exam
Dec 9Final exam · 8:30 AM
The course arc

Follow the stock. Read the incentives. Test the rule.

Every unit returns to the same problem: a valuable resource changes through time, people respond to incentives, and institutions shape the outcome.

01Frame · Weeks 1–6Markets, scarcity, and timeBuild a self-contained microeconomics toolkit, then use dynamic efficiency and scarcity rent to allocate depletable stocks.→
02Value · Weeks 7–8 · Coming soonWhat nature contributesMeasure use and non-use values with stated and revealed preferences, then connect those values to benefit-cost decisions.
03Govern · Weeks 9–11 · Coming soonRenewable resources and commonsAnalyze fisheries, forests, and land as biological and spatial systems shaped by access, property, and collective rules.
04Adapt · Weeks 12–16 · Coming soonRisk, resilience, and sustainabilityStudy wildfire, insurance, and disaster resilience before bringing the semester’s tools to a resource under pressure.
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