Natural resource economics is a transdisciplinary field of academic research within economics that aims to address the connections and interdependence between human economies and natural ecosystems. Its focus is how to operate an economy within the ecological constraints of earths natural resources. Resource economics brings together and connects different disciplines within the natural and social sciences connected to broad areas of earth science human economics and natural ecosystem. Economic models must be adapted to accommodate the special features of natural resource inputs. The traditional curriculum of natural resource economics emphasized fisheries models forestry models and minerals extraction models. In recent years however other resources notably air water the global climate and environmental resources in general have become increasingly important to policy making.
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