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Environmental and Resource Economics (11329.1)

Level: Level 2 - Undergraduate Intermediate Unit
Credit Points: 3
HECS Bands: 2, 3
Faculty: Faculty of Business, Government & Law
Discipline: Canberra School of Politics, Economics and Society

Availability

Unit Outlines

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  • Semester 1, 2020, ON-CAMPUS, BRUCE (193408) - View
  • Semester 1, 2019, ON-CAMPUS, BRUCE (184070) - View

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Syllabus

Studies environmental problems such as pollution, depletion of natural resources, and climate change from an economics perspective, with a particular focus on the pros and cons of currently-debated policy responses such as emission trading schemes, carbon pricing, pollution or trade bans, subsidies, and deposit-refund schemes.

Learning Outcomes

After successful completion of this unit, students will be able to:

1. Apply specialised economic concepts to identify, understand, and analyse environmental issues;

2. Demonstrate advanced knowledge of complex research questions such as how to place a value on environmental goods and services in the absence of markets and prices;

3. Identify environmental problems, how to formulate policy responses, and evaluate policy performance;

4. Demonstrate an effective understanding of the economic method and its application to the mitigation of environmental problems; and

5. Reflect upon their unit experience, including theories, discussions and feedback, and how it relates to the goals set out in their professional portfolio.

Assessment Items

Contact Hours

One 2 hour lecture and one 1 hour seminar on campus per week.

Prerequisites

11175 Introduction to Economics

Corequisites

None.

Assumed Knowledge

This unit assumes no prior knowledge other than market operations and externality analysis, which are covered in Introduction to Economics.



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