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Environmental and Resource Economics (6405.5)

Level: Level 3 - Undergraduate Advanced Unit
Credit Points: 3
HECS Bands:

Band 3 2013-2020 (Expires 31 Dec 2020) Band 4 2021 (Commenced After 1 Jan 2021) Band 5 2021 (Commenced Before 1 Jan 2021)

Faculty: Faculty of Business, Government & Law
Discipline: Canberra School of Politics, Economics and Society



    Unit Outlines

    To view your Unit Outline, click View to log in to MyUC and access this information, or visit your unit's online teaching site.

    • Winter Term, 2018, ON-CAMPUS, BRUCE (178950) - View
    • Winter Term, 2017, ON-CAMPUS, BRUCE (169704) - View
    • Semester 1, 2016, ON-CAMPUS, BRUCE (154996) - View
    • Winter Term, 2015, ONLINE, BRUCE (147940) - View
    • Semester 1, 2015, ON-CAMPUS, BRUCE (146237) - View

    If a link to your Unit Outline is not displayed, please check back later. Unit Outlines are generally published by Week One of the relevant teaching period.


    This unit is designed to give students a comprehensive coverage of the theory and practice of environmental and natural resource economics. The unit will show that environmental and resource issues can be integrated into economic analysis. The importance and implications of this integration for environmental policy and management will be examined. A central theme of the unit will be the contrast between regulatory and market approaches to environmental policy. Students will prepare a major assignment which applies the economic concepts learnt to a realistic case study.

    Learning Outcomes

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

    1. Apply specialised economic concepts to research and analyse environmental issues;

    2. Use advanced knowledge of complex research questions such as how to evaluate environmental goods and services in the absence of markets and prices;

    3. Use specialised skills required to formulate practical policy responses to environmental issues such as knowing which type of pollution abatement instrument is best suited to address specific pollution problems and what type of information is needed; and

    4. Interpret and transmit their knowledge of environmental policy issues, policy instruments and policy responses.

    Assessment Items

    Contact Hours

    At least 39 hours per semester of lectures, seminars and structured learning.


    Introduction to Economics or permission of unit convener.

    Assumed Knowledge

    UC entry requirements.

    Referenced Courses

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