EC318 Study Guide - Midterm Guide: Recycling, Non-Renewable Resource, Oil Reserves
Document Summary
Ec 318 - section a natural resource economics. Exam 2 related information is provided in this file. Time & date: thursday, march 16 from 1. 00 pm to 2. 20 pm. Allocated room for the exam: lh 2062 (classroom) Tuesday, march 14 from 10. 00 to 11. 30 am in lh 2002/2003. Thursday, march 16 from 10. 00 to 11. 30 am in lh 2002/2003. Chapter 6: depletable resource allocation: the role of longer time horizons, substitutes, and. Chapter 7: energy: the transition from depletable to renewable resources. Chapter 8: recyclable resources: minerals, papers, bottles and e-waste. Chapter 9: water: a confluence of renewable and depletable resources. Note: solutions for these problems can be found at the end of textbook, pages 546-551. Chapter 7: questions 2, 5, 6 & 7. Chapter 6: a resource taxonomy for depletable/no-nrenewable resources. Current reserve, potential reserve and resource endowment (based on geological uncertainty and economic uncertainty)
