In " Fisheries Economics: Principles and Applications", this comprehensive textbook introduces the critical economic principles and tools necessary for understanding and managing fisheries resources. Designed for college students and professionals in the field, the book covers everything from the basics of fisheries economics to advanced topics in resource management, governance, and policy development.Through ten well-structured chapters, this book explores key concepts such as the economics of fisheries markets, sustainable yield, cost-benefit analysis, and the role of property rights. Readers will gain a deep understanding of how economic principles can be applied to promote sustainable and efficient fisheries practices, optimize resource use, and address the challenges of overfishing, environmental degradation, and social equity.Key Topics Include: The nature of fishery resources and the Tragedy of the CommonsOpen access and regulated fisheries systemsEconomic models like the Gordon-Schaefer model and bioeconomic modelsThe role of policies and governance structures in managing fisheriesEconomic tools such as ITQs, catch shares, and subsidies for sustainabilityThe impact of property rights, co-management, and community-based approachesWith a focus on practical applications and real-world case studies, this book equips students and professionals with the knowledge and tools needed to navigate the complexities of fisheries economics. The inclusion of diagrams, figures, and exercises further enhances understanding, making it an invaluable resource for anyone interested in sustainable fisheries management and policy.