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Resource And Environmental Economics

Faculty
Phd Program
Courses

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Director
John Livernois (710 McKinnon, Ext. 8946)
(E-mail: live@uoguelph.ca)

Graduate Co-ordinators:
Alfons Weersink (Agricultural Economics and Business: 326 MacLachlan, Ext. 2766)
(E-mail: aweersin@uoguelph.ca)

David Prescott (Economics: 733 MacKinnon, Ext. 2185)
(E-mail: dprescot@uoguelph.ca)

Graduate Faculty

Louis N. Christofides
BA, MA Essex, PhD British Columbia - Professor, Economics

Brian S. Ferguson
BA Mount Allison, MA Guelph, PhD Australian National - Associate Professor, Economics

Glenn C. Fox
BSc (Agr), MSc Guelph, PhD Minnesota - Professor, Agricultural Economics and Business

William J. Furlong
BA Sir George Williams, PhD Queen's - Assistant Professor

Michael J. Hoy
BMath Waterloo, PhD London School of Economics - Professor, Economics

Kris E. Inwood
BA Trent, MA, PhD Toronto - Associate Professor, Economics

Qi Li
BS Peking, MS Nankai, PhD Texas A&M - Professor, Economics

John R. Livernois
BA Toronto, MA, PhD British Columbia - Associate Professor, Economics

Christopher J. McKenna
BSc Salford, DPhil York - Professor, Economics

Ross McKitrick
BA Queen's MA, PhD British Columbia - Assistant Professor, Economics

Truman P. Phillips
BS (Eng) Stanford, PhD Newcastle - Professor, Agricultural Economics and Business

David M. Prescott
BA Durham, MA Warwick, PhD Queen's - Professor, Economics

Kim S. Rollins
BA Maine (Orono), PhD Wisconsin (Madison) - Assistant Professor, Agricultural Economics and Business

Clive Southey
BComm Natal, BA Capetown (South Africa), PhD British Columbia - Associate Professor, Economics

Thanasis Stengos
BSc, MSc London School of Economics, PhD Queen's - Professor, Economics

D. Peter Stonehouse
BSc (Agr), MSc Guelph, PhD Manitoba - Associate Professor, Agricultural Economics and Business

Calum G. Turvey
BS (Agr), MSc Guelph, PhD Purdue - Associate Professor, Agricultural Economics and Business

Alfons J. Weersink
BSc Guelph, MSc Montana State, PhD Cornell - Associate Professor, Agricultural Economics and Business

Associated Graduate Faculty
Willem van Vuuren BEcon
MEcon Free (Amsterdam), PhD California - Retired

PhD Program

     The PhD in resource and environmental economics is shared by the Departments of Economics, and Agricultural Economics and Business. Students in the program enroll in one of these departments and the degree is awarded in the subject area of that department. The management committee considers applications and monitors student progress. The members of this management committee are: J. Livernois (Director of the PhD program), G. Fox (Agricultural Economics and Business), A. Weersink (Agricultural Economics and Business), C. Southey (Economics) and D. Prescott (Economics).
     The objective of the resource and environmental economics PhD program is to provide opportunities for advanced study in this specialized area of economics. The theoretical and practical issues that are addressed in this field demand the attention of highly trained professionals who are competent in a wide range of skills; have an understanding of the relevant economic theory, quantitative methods, and institutions; and are familiar with the biological and ecological aspects of environmental and natural resource management.

Admission Requirements
     Applicants to the PhD program should have a master's degree in economics or agricultural economics with a minimum average of 80% ('A-') in their postgraduate studies. Applicants without a master's degree but with an outstanding record at the baccalaureate level may be admitted initially to the MA program in economics or MSc program in agricultural economics. For students who achieve a superior record and show an aptitude for research, the Board of Graduate Studies, on the recommendation of the department, may authorize transfer to the PhD program without requiring the student to complete a master's degree.

Degree Requirements
     The PhD requires the completion of a minimum of 12 courses (see list below). Students with an MA or MSc typically will have completed some of the required courses (or their equivalents) already and, when appropriate, these may be accepted in lieu of required courses. The minimum duration for the PhD is nine semesters of full-time study (or the equivalent).
     Two of the required courses satisfy the quantitative methods requirement, one satisfies an interdisciplinary requirement, and the remaining courses prepare the student for the qualifying examinations. These take place in core economic theory and in two fields of specialization. The first field is natural resource and environmental economics and the second is selected by the student from the field offerings of the two departments. The first phase of the qualifying exams covers microeconomic and macroeconomic theory and is written at the end of the first year, normally before the beginning of classes in the fall semester. The second phase covers the fields of specialization and includes an oral defense of a thesis prospectus. This phase of the exam is taken during the seventh semester of the program. Upon satisfactory completion of the qualifying exams, the student becomes a candidate for the PhD degree.
    The following summarizes the program requirements:

  1. Quantitative Methods: All students must satisfy the quantitative methods requirement by successfully completing a minimum of two of the following courses:
    AGEC 6360 Mathematical Programming
    ECON 6140 Econometrics I
    ECON 6160 Econometrics II
  2. Theory: All students must satisfy the theory requirement by successfully completing the following four courses and by successfully completing the qualifying examination in economic theory.
    ECON 6000 Microeconomic Theory I
    ECON 6010 Microeconomic Theory II
    ECON 6020 Macroeconomic Theory I
    ECON 6040 Macroeconomic Theory II
  3. Fields of Specialization:
    i. Resource and Environmental Economics
    All students must satisfy the field requirement in natural resource and environmental economics by successfully completing the following four courses and by successfully completing the qualifying examination in this field.
    AGEC 6610 Economics of Renewable Resources
    AGEC 6700 Advanced Resource Economics
    ECON 6800 Environmental Economics
    ECON 6810 Economics of Nonrenewable Resources

    ii. Elective Field of Specialization
    All students must select one additional field of specialization from the following list of fields offered by the two departments.
    • Labour Economics
    • Econometrics
    • Agricultural Marketing
    • Agricultural Policy and Trade
    • Production Economics

    Please consult the listings for the Department of Agricultural Economics and Business and the Department of Economics in this calendar for the course requirements for each of these fields. Students must successfully complete the indicated course requirements and a qualifying examination in the selected field.

  4. Interdisciplinary Requirement
    All students must successfully complete one course from outside the two departments. The course is selected by the student in consultation with the thesis adviser and graduate co-ordinator.

  5. Thesis
    Submission and defense of an acceptable thesis on a topic approved by the student's advisory committee completes the requirements for the PhD. The thesis is expected to be a significant and original contribution to knowledge in its field and must demonstrate scholarship and critical judgment on the part of the candidate. Theses must be submitted within 48 months of completing the minimum duration.



Courses

     Please consult the Agricultural Economics and Business and Economics listings for descriptions of the courses available to students in the shared PhD program in resource and environmental economics.

         



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