Capture Fishery Economics

Capture fishery economics studies the financial aspects of catching wild fish in oceans, lakes, and rivers. It examines how fish stocks are harvested, the costs of fishing, market prices for fish, and the sustainability of fishing practices. Key concepts include supply and demand, the balance between profitability and conservation, and the impacts of overfishing. Effective management is vital to ensure that fish populations remain healthy, supporting both the livelihoods of fishermen and the ecosystems they rely on. Ultimately, it aims to create a sustainable and economically viable fishing industry.