THE UNIVERSITY OF GEORGIA

DEPARTMENT OF AGRICULTURAL AND APPLIED ECONOMICS

AAEC 4800/4800L, WATER RESOURCE ECONOMICS, FALL 2002




INSTRUCTOR: Jack E. Houston 312 Conner Hall 542-0755 jhouston@agecon.uga.edu
 

TEACHING ASSIST: Murali Adhikari, 205 Conner Hall, 542-0130, madhikari@agecon.uga.edu

COURSE CONTENT: Principles of water resources economics and management, including systems analysis, law, finance, and political economics, important topublic and private participants in the water industry.
 

TEXT: Grigg, Neil S. Water Resources Management: Principles, Regulations, and Cases. New York: Mc-Graw-Hill Companies, Inc., 1996.
 

PREREQUISITE: AAEC 2580 or ECON 2106
 

COURSE OBJECTIVES:
 

The course will draw upon principles underlying water resource economics and management, from industry background and water resource economic theory to systems analysis, environmental law and regulation, to industry structure/government interface. Principles will be applied and case studies and problems sets, memos and simulation of management situations. Specifically, this course will help you search and research water issues and problems, gather facts and data, use software programs and analyze cases, and finally to write and to communicate orally, both concisely and effectively.
 

COURSE FORMAT:
 

Class time will be divided between lectures/seminars and cases studies/laboratory exercises and research. You will be expected to obtain the bulk of materials from the readings, since all subject cannot be covered in class. For assigned subjects not covered explicitly in lecture, you are encouraged to bring your questions to class. To promote student preparation and participation, you will be writing memos, gathering data and making reports, giving presentations (in such formats as powerpoint), and one or more class examinations (to be determined by public meeting/class discussion). Class participation is expected, as how you interact with peers, superiors, and the general public will be an important part of your professional career. You will be expected to be prepared to contribute questions, ideas, and direction, both within working groups and in the general class activities. Readings, additional information on assignments and case studies, and important class dates/deadlines will be entered on the WebCT pages for AAEC 4800/6800/L, and updated as we proceed through the semester.
 

GRADING:
 

Weighting of four individual or group activities and one or two exams will be assigned equally and will reflect class/group participation. Following directions and meeting minimum expectations are, of course, expected by any employer, as they will be by me. Extra attention to detail, independent and creative thought, and generally exceptional work will be rewarded accordingly. Each member of a group will receive the same grade for that group assignment, but each student will also be expected to fill out evaluation sheets on themselves and other members of their group to determine participatory bonuses/deductions.
 

COURSE OUTLINE: (Tentative schedule of lecture topics, required readings, assignments)

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WEEK LECTURE TOPIC READING DUE

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1 Search and research methods in water resources, Grigg 1,

systems; water industry introduction Jordan, others

2 Hydrology and water environment; infrastructure Grigg 2, 3

and systems

3 Systems; Planning & Decision-making Grigg 3, 4

4 Systems Analysis, Models, Decisions Support Grigg 5, extra

Benefit-cost readings

5 Water & environmental law, regulations, and Grigg 6

Administration

6 Financial planning, management Grigg 7

7 Water Industry Structure Grigg 8

8 Framework for Water Management Grigg 9

9 Cases on municipal water management and flood Grigg 10, 11

control, stormwater management

10 Water allocation, control, transfers, compacts Grigg 15,

Supplements

11 Water Quality Management, Nonpoint source control Grigg 14,

Supplements

12 Watersheds and Riverine Systems; River Basin Grigg 16, 19

Planning and Coordination

13 Groundwater management; Drought and Water Grigg 18, 20

Supply Management Supplements

14 Regionalization; Organization of Water Agencies Grigg 21, 23,

Supplements

15 Water Supply and Sanitation, Development Issues Grigg 25, extra

readings

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