IR 567 – International Management of Resources
IR 567 International Management of Resources (3) Prerequisites: Graduate standing. Basic concepts and issues that company managers will deal with. Theoretical and political background of environmental concerns, specific problems now current, and strategic approaches that can be taken by businesses and society. The basic issues of scarcity, abundance, depletion, stocking, technological change and substitution, private vs. state ownership as well as equity principles versus efficiency arguments in the allocation of the benefits of resource exploitation are considered within the context of the historical evolution of the resource markets.