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Resource Economics and Management

This exciting program provides advanced training in the areas of natural resource, environmental, agricultural, mineral, energy, agribusiness, international, and rural development economics.

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Program Overview

The primary objective of this program is to prepare students for further graduate study or a variety of careers in business and government. 

A candidate for the degree must comply with University, College, and Program requirements. The Masters of Science degree in Resource Economics and Management can be obtained under either course work or thesis options.

total credit hours


estimated time to complete

2 semester full-time

4 semesters part-time


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program details

Degree level


Degree awarded

Masters of Science


Program Requirements

Candidates for the master of science degree may be admitted on a regular or provisional basis. Prerequisites for admission include the following:

  • Twelve or more semester credits in economics, agricultural and resource economics, statistics, or appropriate social science courses (should include a course in intermediate microeconomics)
  • Three or more semester hours of credit in calculus. Students lacking these prerequisites have to complete coursework to acquire them. 

The Resource Economics and Management MS ensures that candidates develop competence in the following:

  • Communicating economic policy issues
  • Theoretical and analytical skills to analyze and evaluate economic policies
  • Research to develop economic policy proposals

Visit the Graduate Admissions page.


Course of Study

Required courses
Credit Hours
ARE 601 Applied Microeconomics 4
ARE 621 Quantitative Methods 3
ARE 624 Econometric Methods in Resource Economics 3
ARE 696 Graduate Seminar 2
ARE 632: Natural Resource and Environmental Economics 3
and/or ARE 633: Natural Resource Policy Analysis 3
Suggested Electives
Credit Hours
RESM 440: Foundations of GIS 3
RESM 444: Advanced GIS 3
RESM 575: Spatial Analysis for Resource Management 3
RESM 585: GIS and Spatial Analysis Project 3
RESM 540: Geospatial Modeling 3
ENVP 525: Principles of Water Resources 3
RESM 560: Advanced Energy Project Management 3
ARE 461: Agribusiness Finance (Starting 2022) 3
ARE 620: Adaptation and Mitigation Strategies for Addressing Climate Change 3

Program Faculty

  • Elizabeth Byrd, Teaching Assistant Professor of Resource Economics and Management and Undergraduate Coordinator
  • Alan Collins, Director and Professor of Resource Economics and Management
  • Levan Elbakidze, Associate Professor of Resource Economics and Management
  • Suhyun Jung, Assistant Professor of Resource Economics and Management
  • Ana Claudia Sant' Anna, Assistant Professor of Resource Economics and Management
  • Doolarie Singh-Knights, Associate Professor of Resource Economics and Management Extension Specialist – Agriculture and Natural Resources
  • Mark Sperow, Associate Professor of Resource Economics and Management
  • Heather Stephens, Associate Professor of Resource Economics and Management
  • Mike Strager, Davis-Michael Professor of Resource Economics

Contact Information

Program Contacts

For questions about the admissions process: 

Wendy Daly
Graduate Records Officer
WVU Davis College of Agriculture, Natural Resources and Design
Phone: (304) 293-2291

For program-specific questions regarding curriculum content, etc.: 

Levan Elbakidze
Associate Professor Graduate Coordinator of Resource Economics and Management
WVU Davis College of Agriculture, Natural Resources and Design
Phone: (304) 293-5497

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Levan Elbakidze


He's the academic advisor for the program and he's available to help if you have program-specific questions.

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