Teaching and Educational Methods
Reconciling Theory and Practice in Higher Education Water Economics Courses
University of Waterloo
JEL Codes: A220, Q225
Keywords: Collaboration, education, interdisciplinarity, water challenges, water economics
Publish Date: February 13, 2023
Volume 5, Issue 2
The water economics course offered at the University of Waterloo provides students from the Department of Economics and other schools and departments across campus the opportunity to learn more about the application of economic theory, concepts, models, and methods to global water challenges. Students are prepared for real-world challenges by linking theory to practical examples. They are brought “into the field” through visits to local wastewater treatment facilities and real-world practical assignments. Emerging trends and water policy challenges in need of reconciliation with economic theory and methods are addressed. The practical examples make abstract water management challenges in the water economics literature real for students. Collaboration with other disciplines and sectors, as increasingly required in the water domain, is emphasized to effectively inform economically efficient water management. The annual course evaluation shows that economics students value especially the applied and interdisciplinary nature of the course.
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Articles in this issue
Teaching Principles of Water Economics to Non-Economists: Lessons from California
Mehdi Nemati and Ariel Dinar
Reconciling Theory and Practice in Higher Education Water Economics Courses
How to Thrive in Agricultural Economics PhD Programs: SAEA Emerging Scholar Award Winners’ Experience and Advice
Ruiqing Miao, Jerrod Penn, and Loka L. Ashwood
Market Power in the U.S. Dairy Industry
Yuliya V. Bolotova
Principles of Economics, the Survivor Edition
Alina F. Klein and Rudolf F. Klein
AgEcon Search: Bringing the World to the Classroom
Linda Eells, Shannon Farrell, and Julia Kelly
Perspectives on Diversity, Equity, and Inclusion in the Agricultural and Applied Economics Profession
Donald Hirasuna, Dawn Thilmany, Andrew Muhammad, Deacue Fields, and Spiro Stefanou