Marine Resource Economics

Marine Resource Economics is a branch of resource economics that focuses on the sustainable management and use of ocean and coastal resources, like fish, minerals, and ecosystems. It analyzes how these resources can be exploited for economic benefit while considering environmental impacts, market dynamics, and policy implications. By assessing the trade-offs between economic activities and ecological health, Marine Resource Economics aims to promote practices that ensure long-term sustainability, balance economic growth, and preserve marine ecosystems for future generations.