301158 (v.3) Environmental Economics 202

Area:

Muresk Institute

Credits:

12.5

Contact Hours:

3.0

Lecture:

1 x 2 Hours Weekly

Tutorial:

1 x 1 Hours Weekly

Syllabus:

Economic activity and the environment - balancing economic efficiency and equity. Ethics, public policy and the environment. Defining and balancing policy goals - measuring environmental costs and benefits. Selected policy topics - exhaustible, renewableand water resources and sustainable development.

Unit Outcomes:

On successful completion of this unit, students will have- Related economic theory to environmental and recourse assessment and allocation problems. Explained the three objectives that are relevant for resource management, namely economic growth, environmental quality of our natural environment. Advised on the appropriate analysis tools that can be applied to the resolution of conflict between consumptive and non-consumptive resource use. Shown an awareness of contemporary resource and environmental economic issues- local, national and international. Made decisions about their academic time management and have developed decision-making skills associated with their program of study. Communicated effectively using oral and written (including computers) media.

Text and references listed above are for your information only and current as of September 30, 2003. Please check with the unit coordinator for up-to-date information.

Unit References:

Barron, W.F.; Perlack, R.D. and Boland, J.J., (1998). Fundamentals of Economics for Environmental Managers, Westport, Connecticut, Quorum Books, p224. Common, M.S., (1996) Environmental and Resource Economics: An Introduction, 2nd ed, London, Longman, p319. Folmer, H.; Gabel, H.L. and Opschoor, H., (1995). Principles of Environmental and Resource Economics: A Guide for Students and Decision Makers, Cheltenham, Edward Elgar, p484. Gilpin, A., (1999). Environmental Economics: A Critical Review, London, John Wiley Ltd. Pearce, D.W. and Turner, R.K., (1990). Economics of Natural Resources and the Environment, London, Harvester Wheatsheaf, p378. Thomas, I.,(1998). Environmental Impact Assessment in Australia: Theory and Practice, 2nd ed, Sydney, The Federation Press, p258. Tietenberg, T.H., (1996). Environmental and Resource Economics, 4th ed, New York, Harper Collins, p614. Tietenberg, T.H., (1997). The Economics of Global Warming, Cheltenham, Edward Elgar, p384. Winpenny, J.T., (1993). Values for the Environment: A Guide to Economic Appraisal, London, HMSO, p277.

Unit Texts:

Barron, W.F.; Perlack, R.D. and Boland, J.J., (1998). Fundamentals of Economics for Environmental Managers, Westport, Connecticut, Quorum Books, p224. Tietenberg, T.H, (1996). Enviornmental and Resource Economics, 4th ed, New York, Harper Collins, p614.

Unit Assessment Breakdown:

Examination 30%, Presentation of Applied Articles 5%, Stage 1- Two page outline of problem 5%, Stage 2- Two page economic analysis of problem 10%, Stage Three- Full term paper 50%. This is a Grade/Mark assessment.

Year	Location	Period	Internal	Area External	Central External
2004	Bentley Campus	Semester 1	Y