Mineral economics: Difference between revisions
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'''Mineral economics''' is the academic discipline that investigates and promotes understanding of economic and policy issues associated with the production and use of mineral commodities.<ref>Gordon, Richard L., and John E. Tilton. "Mineral economics: Overview of a discipline." Resources policy 33, no. 1 (2008): 4-11. |
'''Mineral economics''' is the academic discipline that investigates and promotes understanding of economic and policy issues associated with the production and use of mineral commodities.<ref>Gordon, Richard L., and John E. Tilton. "Mineral economics: Overview of a discipline." Resources policy 33, no. 1 (2008): 4-11.</ref> |
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== History == |
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Its origins can be traced back at least 200 years to the writings of David Ricardo. It emerged as a separate academic field only after World War II and then primarily in the United States. In the decades following World War II, mineral economics focused on the long-run availability of nonrenewable commodities and the threat of supply interruptions for strategic and critical minerals from the Middle East, the Soviet Union, and southern Africa, concerns that persisted at least through the 1980s.<ref>Gordon, Richard L., and John E. Tilton. "Mineral economics: Overview of a discipline." Resources policy 33, no. 1 (2008): 4-11.</ref> |
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=== Mineral Economy in China === |
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Minerals and metals play a major role in developing China's economy. Coal is China's most abundant mineral resource. Although deposits are widely scattered, most of the coal is located in the northern part of the country. In addition to coal (as of 2010), the country led the world in the production of other minerals such as bismuth, cement, gold, graphite, magnesium, mercury, molybdenum, phosphate rock, rare earths, salt, and talc.<ref>{{cite web |last1=Guo |first1=Ju'e |title=Natural Resources and Economic Development in China |url=https://www.tandfonline.com/doi/abs/10.2753/CES1097-147529015?journalCode=mces19 |website=Taylor & Francis Online |accessdate=9 February 2019}}</ref> |
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== Universities That Teach Mineral Economics == |
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Educational institutions which provide training and specially-devised programs and curriculum for the study of mineral economics include; |
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McGill University, British Columbia University, University of Colorado, Columbia University, University of Arizona, West Virginia University and other universities in the UK and Australia provide certified courses. During the first semester, courses are taught by professors in the field of natural environment. Since the 1960s, professors in the field of economics started to teach mineral economics and currently the faculty comprises of professors specializing in many fields. <ref>{{cite journal |last1=Galsandori |first1=D. |title=What is mineral Economics? |date=2012 |url=http://en.mongolianminingjournal.com/content/19340.shtml}}</ref> |
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==See also== |
==See also== |
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Revision as of 15:01, 21 February 2019
 | This article needs additional citations for verification. (January 2015) |
Mineral economics is the academic discipline that investigates and promotes understanding of economic and policy issues associated with the production and use of mineral commodities.[1]
See also
References
- ^ Gordon, Richard L., and John E. Tilton. "Mineral economics: Overview of a discipline." Resources policy 33, no. 1 (2008): 4-11.
External links
- http://www.mineralecons.com, a research library for mineral economists. Updated articles on mineral discovery, production, policy and project evaluation.