Economics (McConnell) AP Edition, 19th Edition

Chapter 15: Natural Resource and Energy Economics

After reading this chapter, you should be able to:

1. Explain why falling birthrates mean that we are not likely to run out of natural resources.
2. Describe why using a mix of energy sources is efficient, even if some of them are quite costly.
3. Discuss why running out of oil would not mean running out of energy.
4. Show how the profit motive can encourage resource conservation.
5. Relate how to use property rights to prevent deforestation and species extinction.

AP Chapter 15 Introduction (7.0K)