Gordon R. Munro

Office Hours:

Office:  BuTo908
Hours: Friday 9:00-10:00
Telephone:  (604) 822-5452
Fax:  (604) 822-5915
Email:  munro@econ.ubc.ca

Courses:

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Economics 356 (002)  International Economics
The Review Session will be held on Monday, December 7th at 10:00 a.m. in the Woodward IRC Building, Room 1. The Session should last about an hour.
The Advance Final Exam will be given on Monday, December 14th at 7:00 - 9:00 p.m., in the Leonard S. Klinck Building, Room 200.
Course Outline & Reading List
Selected Lecture Notes 8
Selected Figures 1
Selected Figures 2
Selected Figures 3
Selected Figures 4
A Few Review Questions
A Few More Review Questions
A Few Final Review Questions
Canada's Balance of International Payments
Purchasing-Power Parity: Definition, Measurement, and Interpretation
The Real Exchange Rate
The Mishkin Appendix
Global Capital Markets
Cambridge Approach to Money Demand
P. Krugman and M. Obstfeld on The Balance of Payments Accounts
Pacific Exchange Rate Service, "Purchasing Power Parity"
Herbert Grubel Article
Paul Krugman, "Crowding Out and the Liquidity Trap"
The Other-Worldly Philosophers
"In Defense of the Dismal Science"
The Novin Lecture



 
Economics 472 (001) Renewable Resources

Course Outline & Reading List
Final Exam Sample
Economics and Management of Ocean Fishery Resources
The Hanzlik Formula
Troubled Waters
The Schaefer Model
Joan Robinson on Rent
Causes of the Problem
The Sustainable Harvest-Fishing Effort Curve
G. Munro, "The Efficiency of Rights Based Fisheries Management Schemes: An Overview"
Turris Lecture



Readings
Anthony Scott, Preface to Natural Resources

H. Scott Gordon, "The Economic Theory of a Common-Property Resource: The Fishery"
J. Cancino, H. Uchida and J. Wilen, "TURFs and ITQs" (updated: February 2008)
Robert M. Solow, "Sustainability: An Economist's Perspective"
T. Bjorndal and G. Munro, "The Economics of Fisheries Management: A Survey"
G. Munro, "Mathematical Bioeconomics and the Evolution of Modern Fisheries Economics"

F.J. Anderson, Natural Resources in Canada: Economic Theory and Policy, 2nd Edition, Chapter 7.
Colin Clark, "Forestry Management: The Faustmann Model"

D. Haley and M. Luckert, "Policy Intruments for Sustainable Development in the British Columbia Forestry Sector"
Flaaten, Economics of Fish Stock Investment.
Hilborn et al., Institutions, Incentives and the Future of Fisheries
Some Basic Concepts in the Theory of Games
The Prisoner's Dilemma and Fisheries
P. Pearse, "Average Annual Economic Yield per Rotation - Douglas Fir"
C. Clark, G. Munro, U.R. Sumaila and B. Turris, "Impacts of Harvesting Rights in Canadian Pacific Fisheries"
C. Costello, S. Gaines and J. Lynham, "Can Catch Shares Prevent Fisheries Collapse?"


 

Fields of Interest:

Natural Resource Economics
 

Research:

Recent Publications:



"Buyback Subsidies, the Time Consistency Problem and the ITQ Alternative" (with C.W. Clark and U.R. Sumaila), Land Economics, 83, 2007.

"Internationally Shared Fish Stocks, the High Seas and Property Rights in Fisheries", Marine Resource Economics, 22, 2007.

"The Management of Internationally Shared Fish Stocks: A Law and Economics Approach", in A. Chircop, T. McDorman and S. rolston (eds.), The Future of Ocean Regime-Building: Essays in Tribute to Douglas M. Johnston, Leiden, Martinus Nijhoff, 2009.

"Game Theory and the Development of Resource Management Policy: International Fisheries", Environment and Development Economics, 14 (Part 1), 2009.

The Conservation and Management of Shared Fish Stocks: Legal and Economic Aspects (with A. Van Houtte and R. Willmann), FAO Fisheries Technical Paper 465, Rome, 2004.

"Subsidies, Buybacks and Sustainable Fisheries" (with C.W. Clark and U.R. Sumaila), Journal of Environmental Economics and Management, 50(1), 2005.

Recent Discussion Papers:


dp98-21(.pdf)  The Economics of Overcapitalization and Fishery Resource Management: A Review

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Revised: December 7, 2009