Environmental and Resource Economics (6405.5)

Please note these are the 2018 details for this unit
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Environmental and Resource Economics
Available teaching periods Delivery mode Location
View teaching periods
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 3 - Undergraduate Advanced 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)
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.


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

Introduction to Economics or permission of unit convener.

Assumed knowledge

UC entry requirements.
Year Location Teaching period Teaching start date Delivery mode Unit convener
Not available

Required texts

There is no compulsory text. The lectures notes (slides and annotated comment below slides) draw selectively from the lecturer's own notes and from the following two reference texts:

  • Kolstad C. (1999) Environmental Economics, Int. Edition, Oxford University press, HC79.E5.K65 2000 
  • Tietenberg, T. & L. Lewis (2012) Environmental and Natural Resource Economics, 9th ed, Harper Collins, London. HC79.E5.T525

on week 4, the lecture will draw mostly from the following paper (free download online):

Submission of assessment items

Extensions & Late submissions

  • All group presentations must contain a title slide containing:
    • the title of the selected paper
    • the journal it was published in, and;
    • names and student numbers of the presenting students
       
  • The reflective write-up must be submitted online via the specifically created repository on the Canvas site. The first page of the essay submission should include the following information:
    • Student Name:
    • Student ID:
    • Assessment Name:
    • Group presentation title:
    • Word Count:

Students must apply academic integrity in their learning and research activities at UC. This includes submitting authentic and original work for assessments and properly acknowledging any sources used.

Academic integrity involves the ethical, honest and responsible use, creation and sharing of information. It is critical to the quality of higher education. Our academic integrity values are honesty, trust, fairness, respect, responsibility and courage.

UC students have to complete the Academic Integrity Module annually to learn about academic integrity and to understand the consequences of academic integrity breaches (or academic misconduct).

UC uses various strategies and systems, including detection software, to identify potential breaches of academic integrity. Suspected breaches may be investigated, and action can be taken when misconduct is found to have occurred.

Information is provided in the Academic Integrity Policy, Academic Integrity Procedure, and University of Canberra (Student Conduct) Rules 2023. For further advice, visit Study Skills.

Participation requirements

This face to face unit has specific participation requirements: students are expected to attend seminar presentations and participate in discussions following each presentation.

Required IT skills

UC IT Entry skills

Work placement, internships or practicums

Not applicable

Additional information

None