Environmental and Resource Economics (6405.5)

Availability

Unit Outlines

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• 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

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Syllabus

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.

Prerequisites

Introduction to Economics or permission of unit convener.

Assumed Knowledge

UC entry requirements.