Botswana’s Wildlife Management Areas (WMAs) date back to 1986 and covered around 22% of the country in 2003. Economic opportunities are usually very limited and most people living in these areas traditionally engage in hunting and gathering. This paper introduces three economic concepts (rent, value and prices) with the aim to encourage sound economic analysis as part of CBNRM planning and implementation in Botswana.

J. W. Arntzen. 2003. An Economic View on Wildlife Management Areas in Botswana. IUCN/SNV CBNRM Support Programme.