Environmental and Resource Economics (11329.1)

Please note these are the 2021 details for this unit
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Environmental and Resource Economics
Available teaching periods Delivery mode Location
View teaching periods On-Campus
 Bruce, Canberra
EFTSL Credit points Faculty
0.125 3 Faculty Of Business, Government & Law
Discipline Study level HECS Bands
Canberra School Of Politics, Economics And Society Level 2 - Undergraduate Intermediate Unit Band 4 2021 (Commenced After 1 Jan 2021)
Band 4 2021 (Commenced After 1 Jan Social Work_Exclude 0905)
Band 5 2021 (Commenced Before 1 Jan 2021)
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.


Graduate attributes

1. UC graduates are professional - communicate effectively
1. UC graduates are professional - use creativity, critical thinking, analysis and research skills to solve theoretical and real-world problems
3. UC graduates are lifelong learners - reflect on their own practice, updating and adapting their knowledge and skills for continual professional and academic development
3. UC graduates are lifelong learners - adapt to complexity, ambiguity and change by being flexible and keen to engage with new ideas


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.
Year Location Teaching period Teaching start date Delivery mode Unit convener
2024 Bruce, Canberra Semester 1 05 February 2024 On-Campus Dr Raymond Li
Not available

Required texts

There are no prescribed textbooks for this unit that students must purchase. Below is a list of references that are used, all of which are available from the UC library or the provided URL links.

Reference textbooks:

(FF) Environmental Economics (8th ed)  by Barry C. Field and Martha K. Field, McGraw Hill

(CT) Environmental Economics & Management: Theory, Policy, and Applications (6th ed) by Scott J. Callan and Janet M. Thomas, South-Western Cengage Learning

(TL) Environmental and Natural Resource Economics (11th ed) by Tom Tietenberg and Lynne Lewis, Routledge

Articles:

National Action Plan for Energy Efficiency (2008). Understanding Cost-Effectiveness of Energy Efficiency Programs: Best Practices, Technical Methods, and Emerging Issues for Policy-Makers. Energy and Environmental Economics, Inc. and Regulatory Assistance Project. <https://19january2017snapshot.epa.gov/sites/production/files/2015-08/documents/understanding_cost-effectiveness_of_energy_efficiency_programs_best_practices_technical_methods_and_emerging_issues_for_policy-makers.pdf>

IEA (2012). Spreading the net: the multiple benefits of energy efficiency improvements. <https://www.ourenergypolicy.org/wp-content/uploads/2014/04/Spreading_the_Net.pdf>

Timmons, D., J.M. Harris and B. Roach (2014). The Economics of Renewable Energy. <https://www.ourenergypolicy.org/wp-content/uploads/2016/02/renewableenergyecon.pdf>

Submission of assessment items

Extensions & Late submissions

The final assignment needs to be submitted via the Canvas site.

Academic integrity

Students have a responsibility to uphold University standards on ethical scholarship. Good scholarship involves building on the work of others and use of others' work must be acknowledged with proper attribution made. Cheating, plagiarism, and falsification of data are dishonest practices that contravene academic values. Refer to the University's Student Charter for more information.

To enhance understanding of academic integrity, all students are expected to complete the Academic Integrity Module (AIM) at least once during their course of study. You can access this module within UCLearn (Canvas) through the 'Academic Integrity and Avoiding Plagiarism' link in the Study Help site.

Use of Text-Matching Software

The University of Canberra uses text-matching software to help students and staff reduce plagiarism and improve understanding of academic integrity. The software matches submitted text in student assignments against material from various sources: the internet, published books and journals, and previously submitted student texts.

Participation requirements

While there is no marks awarded to in-class participation, students are strongly encouraged to attend all lectures and workshops, and to actively participate in class discussion to maximize their learning. Past experience shows a positive correlation between students' class participation and their final grade. 

Required IT skills

Basic MS Word and Excel skills.

Work placement, internships or practicums

Not applicable