This course applies an economic lens to look at buying and selling ecosystem services. Students will learn about ecosystem services, but focus on how farmers, ranchers, and other extensive land users can profit from resources on agricultural properties. Examples include hunting and agro-tourism. And we will dig deeper to find other potential ecosystem services. All students will create an ecosystem marketing plan on an actual farm, ranch or other appropriate properties.
Dr. Hoag is a Professor in the Department of Agricultural and Resource Economics at CSU. He grew up in the Colorado mountains where he developed his strong interest in nature and agriculture. He received his first degree in Farm and Ranch Management at Colorado State University and Ph.D. at Washington State University. He has worked on a variety of research projects with the integrating theme: farm/ranch management and policy related to the environment. He is best known for soil conservation and water quality management in watersheds and wildlife conflicts with agriculture. Dr. Hoag has published several articles about economic and environmental tradeoffs. For example, published foundational articles about cap and trade for nutrient pollutants in water. He developed a tool that helped state decision makers in Colorado determine the economic impact of prairie dog colony losses on farms. He also did a study on the impact of wildlife damages on Colorado agriculture, a study on native grassland losses in the Prairie Potholes, Elk Management in Yellowstone, and the reintroduction of wolves in Colorado.
Dr. Hoag has extensive experience in research that he draws from for this class in ecosystem services, including teaching and outreach to farmers, ranchers, agencies and policy makers. He has strong teaching evaluations, where students say that he makes subjects interesting, fun and meaningful.