Why is the interest rate important in determining whether a private owner will clear cut timber or practice sustainable forestry? How is the economically optimal forestry management determined? Is this also ecologically optimal? What are some the reasons why forests tend to be exploited? Why are property rights and full-cost pricing relevant to forestry policy? What is the potential for demand-side strategies to reduce the demand for wood products? How has the global demand for wood and paper products changed over time? What are some of the ways to increase water supplies? What are the advantages and disadvantages of each? How can pricing be used to influence the efficient use of water? What are the effects of subsidized water pricing? What is ecosystems management?