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10947 (v.3) WASM Mineral Market Analysis 601



 

Area:

WASM Mineral Economics Teaching Area

Contact Hours:

32.0

Credits:

25.0

Lecture:

8 x 4 Hours Fortnightly

Prerequisite(s):

10939 (v.4) WASM Natural Resources Economics 601
The nature of mineral market analysis, microeconomic principles - brief review. Demand and consumption - demand determinants, intensity of use - concepts and trends, material substitution, demand elasticities. Costs, supply and production - primary supply - stages, sources and determinants, secondary supply and recycling, supply elasticities, comparative cost analysis, 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, economic rents. Future trends and prospects - an examination of selected mineral commodities.


Availability

YearLocationPeriodInternalArea ExternalCentral External
2004Bentley CampusSemester 2Y  

Area
External
refers to external course/units run by the School or Department, offered online or through Web CT, or offered by research.
Central
External
refers to external course/units run through the Curtin Bentley-based Distance Education Area

 
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