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EREC 411 Environmental and Resource Economics Perspectives

  • Average Course Rating (from 4 Students)

    3.8/5
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    Great Intro to the Subject

    Final Paper

    Go to Office Hours

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    • Profile picture
    Apr 06, 2017
    | Would recommend.

    Not too easy. Not too difficult.

    Course Overview:

    For me, this course was required. I thought that I wouldn't like it (I tend to really hate social sciences), but I was very thoroughly proven wrong. Professor Halstead has a fantastic method of teaching, in that he has creative examples of economic concepts, and he is very keen on connecting with his class. He never talks down to you, and will always be willing to back up and re-cover a concept that wasn't particularly clear.

    Course highlights:

    This class is simply Microeconomics, but with a slight favoritism towards the subjects' effect on the environment. Microeconomics focuses on the individual consumer as well as an individual firm in a market. Both are trying to allocate scarce resources in what they consider to be the most efficient way possible-- we learn the logic behind their decisions. Highlighted topics include comparative advantage, the interaction of various cost curves (marginal cost, fixed cost, variable cost), elasticity of demand, and the various types of markets (monopoly, olgiopoly..).

    Hours per week:

    3-5 hours

    Advice for students:

    NEVER EVER skip class. He does not make PowerPoints, and he does not post any lecture notes online except for exam prep. But if you follow this one step, and ask questions whenever you're confused, you will do very well. His practice exams are almost identical to his lectures.

    • Fall 2016
    • Halstead
    • Yes
    • Great Intro to the Subject Participation Counts Final Paper
    • Profile picture
    May 23, 2016
    | Would highly recommend.

    Not too easy. Not too difficult.

    Course Overview:

    I would recommend this course, Professor Halstead is a great professor that really takes the time to help students excel in his course. Having a knowledge in microeconomics has helped me with second semester courses, and I now have a basic understanding of econ.

    Course highlights:

    I learned how small businesses operate and the challenges they face, something that will be valuable in the future if I choose to start y own business. I also learned how agriculture plays into economics, something I did not understand before this course.

    Hours per week:

    3-5 hours

    Advice for students:

    Read the book, take good notes, and ask questions. If you are having trouble meet with Professor Halstead or the TA; I did both of those and it helped me do well in the class. If you put in the work, you will do well in this course.

    • Fall 2015
    • Halstead
    • Yes
    • Great Intro to the Subject Go to Office Hours
    • Profile picture
    May 15, 2016
    | Would highly recommend.

    Not too easy. Not too difficult.

    Course Overview:

    While economics is a seemingly boring course to a lot of people, Halstead does a great job at making it applicable to everyday life and you'll use it more than you think!

    Course highlights:

    Taking this course attributed to my major but it also helped me understand a lot of the little things I'll need to know about businesses and how markets work. That will help in the future a lot, especially if I ever want to start my own business!

    Hours per week:

    3-5 hours

    Advice for students:

    Go to class, it's really important. If you miss the way Halstead explains it in lecture you'll get lost and confused early on and its horrible trying to catch up.

    • Spring 2016
    • Halstead
    • Yes
    • Great Intro to the Subject Many Small Assignments Great Discussions

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