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Groundwater Economics (#214)

Garden Grove, California • May 10-11, 2012

presented by Charles Job

Course description

This course examines the costs and benefits of our uses of groundwater, which has become scarce in some locations and a sink for pollutants in others. The course provides an overview of economic frameworks to evaluate the costs and benefits, develops examples through a range of methods, and provides you with capabilities to initiate economic evaluations of your groundwater projects. You’re encouraged to bring your own examples for discussion and a calculator.

Topics to be covered include:

Overview of groundwater in the economy and around the world
Economic fundamentals
Framework for evaluating benefits and costs of a groundwater project or program
Organizing a cost-benefit analysis for a groundwater project or program
Methods for estimating costs and benefits
Examples of cost-benefit analyses for groundwater projects or programs
Economic aspects of sustainable groundwater use and transboundary issues.

Course objectives

By attending the course, you will learn about the:

Scale and extent of groundwater uses in the economy and internationally
Significance of laws in determining economic use of groundwater
Economic supply-and-demand processes and production functions related to groundwater
Groundwater resource characterization affecting economic analysis
Application of market and nonmarket conditions, and their influence on private and public groundwater goods and services
Organization for cost-benefit analyses, including decision criteria and rules
Principles and approaches for initiating cost-benefit analyses of groundwater projects and programs
Methods and their application for developing costs and benefits of groundwater services
Practical use of concepts through working on problems and presentation of international examples during the course.

Who should attend?

Anyone who is responsible for groundwater projects, programs, or policy development for which their economics, costs, and benefits are fundamental to understanding or informing decisions related to those projects or programs.

Education level

The course material will be presented so that a basic knowledge of economics will enable the participants to understand its content.

NGWA awards continuing education credits

This course is worth 1.375 CEUs.

Content Editor ‭[3]‬

Day 1
7:30 a.m.	Registration
8:00 a.m.	Introduction and logistics
8:15 a.m.	Overview of groundwater in the economy and around the world
8:30 a.m.	Economic fundamentals
10:00 a.m.	Break
10:15 a.m.	Evaluation framework for costs and benefits; alternative frameworks
11:45 a.m.	Lunch (on your own)
1:00 p.m.	Cost assessment
2:00 p.m.	Benefits assessment
3:00 p.m.	Break
3:15 p.m.	Benefits assessment (continued)
4:15 p.m.	Cost-benefit evaluation — example
5:30 p.m.	Course adjourns for the day
Day 2
8:00 a.m.	Review key principles and assessment approaches
8:30 a.m.	Economics of sustainability and international transboundary issues
9:45 a.m.	Break
10:00 a.m.	Economic evaluation model for groundwater investigations
11:00 a.m.	Water-energy efficiency evaluation — example
11:45 a.m.	Lunch (on your own)
1:00 p.m.	Aquifer scale evaluation — example
2:30 p.m.	Key points for groundwater economic evaluations
3:15 p.m.	Questions/discussion
4:00 p.m.	Course adjourns

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Content Editor ‭[2]‬

NGWA member — $945

Nonmember — $1,095

Register now to attend this course.

SPECIAL OFFER!

You can save hundreds on the fees for this course if you also register to attend the 2012 NGWA Ground Water Summit at the same time!

Click here to go to the registration page for the Summit.

Click here to read more about the conference.

Content Editor ‭[1]‬

Hyatt Regency Orange County

11999 Harbor Blvd.

Garden Grove, California 92840

888 421.1442

714 750.1234

fax 714 740.0465

Accommodations: NGWA has secured a limited block of rooms on a first come, first served basis at the group rate of $169 per night single/double occupancy. This rate applies to the NGWA room block and is valid until the April 13 cutoff date, unless our block has been filled before then. When making your reservations, be sure to mention you are attending this NGWA event. Remember, you are responsible for securing your own reservations. For guest check-in and checkout times, please contact the hotel directly.

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800 551.7379
(614 898.7791 outside the US)
fax 614 898.7786
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