Courses Handbook 2010

10947 (v.5) Mineral Market Analysis 601


Area: Department of Mineral Economics and Mine Management
Credits: 25.0
Contact Hours: 32.0
** The tuition pattern below provides details of the types of classes and their duration. This is to be used as a guide only. For more precise information please check your unit outline. **
Lecture: 8 x 4 Hours Fortnightly
Prerequisite(s): 10939 (v.6) Natural Resources Economics 601 or any previous version
Syllabus: A brief review of the nature of mineral market analysis, microeconomic principles. Demand and consumption: demand determinants, intensity of use: concepts and trends, material substitution and demand elasticities. Costs, supply and production: primary supply: stages, sources and determinants, secondary supply and recycling, supply elasticities, comparative cost analysis and long run cost trends. Market structure, prices, economic rents and competitiveness: the industrial organisation paradigm, mineral markets: types and evolution, prices: past and future, volatility hedging, cartels and commodity agreements and economic rents. Future trends and prospects: an examination of selected mineral commodities.
** To ensure that the most up-to-date information about unit references, texts and outcomes appears, they will be provided in your unit outline prior to commencement. **
Field of Education: 091900 Economics and Econometrics (Narrow Grouping)
SOLT (Online) Definitions*: Not Online
*Extent to which this unit or thesis utilises online information
Result Type: Grade/Mark

Availability

Availability Information has not been provided by the respective School or Area. Prospective students should contact the School or Area listed above for further information.

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