10947 (v.3) WASM Mineral Market Analysis 601


Area: WASM Mineral Economics Teaching Area
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.4) WASM Natural Resources Economics 601
 
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, 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.
 
** 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)
Funding Cluster: 02 - Accounting, Administration, Economics, Commerce
SOLT (Online) Definitions*: Not Online
*Extent to which this unit or thesis utilises online information
Result Type: Grade/Mark

Availability

Year Location Period Internal Partially Online Internal Area External Central External Fully Online
2005 Bentley Campus Semester 2 Y        
2005 Bentley Campus Study Period 12 Y        
2005 Bentley Campus Trimester 1 Y        
2005 Bentley Campus Trimester 2 Y        
2005 Bentley Campus Trimester 3 Y        
2005 Kalgoorlie Campus Trimester 1 Y        
2005 Kalgoorlie Campus Trimester 2 Y        
2005 Kalgoorlie Campus Trimester 3 Y        
Area
External
refers to external course/units run by the School or Department or offered by research.
Central
External
refers to external and online course/units run through the Curtin Bentley-based Distance Education Area
Partially
Online
Internal
refers to some (a portion of) learning provided by interacting with or downloading pre-packaged material from the Internet but with regular and ongoing participation with a face-to-face component retained. Excludes partially online internal course/units run through the Curtin Bentley-based Distance Education Area which remain Central External
Fully
Online
refers to the main (larger portion of) mode of learning provided via Internet interaction (including the downloading of pre-packaged material on the Internet). Excludes online course/units run through the Curtin Bentley-based Distance Education Area which remain Central External