MESĀ 625. Fisheries Socioeconomics and Management. 3 Credit Hours.

This course applies microeconomic theory to fisheries resource problems and policies. Economic models with the value of production as their objective, will contrast economists' and biologists' definitions of maximum yield and show why an unregulated fishery will not operate at either level. We will use economic reasoning to examine causes and consequences of fisheries problems and measures for dealing with them.
Components: LEC.
Grading: GRD.
Typically Offered: Fall.