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Economics 311

Case Studies

Case Studies              

Economics 311 emphasizes your participation in the learning process through a variety of activities including problem sets, extended case studies, in-class problems, and computer simulations.  

Case Study #1: Oil Scarcity

Compare the Limits to Growth and neoclassical economics measures of  oil scarcity using data from the U.S. Energy Information Agency in this case study.

Download Case Study #1

Case Study #2:  Hudson's Bay Co. and the Beaver

Use the theory of optimal renewable resource management and Professor Ann Carlos' data to investigate the depletion of the beaver by the Hudson's Bay Company in the 18th century.

Download Case Study #2
Download data for Case Study #2


Case Studies

Case studies #1 and #2 will be completed by the same student teams that complete the problem sets.