| Area: | School of Economics and Finance |
| Credits: | 25.0 |
| Contact Hours: | 3.0 |
| Lecture: | 1 x 1.5 Hours Weekly |
| Tutorial: | 1 x 1.5 Hours Weekly |
| Prerequisite(s): | 1234 (v.4) Economics 100 or any previous version
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| Syllabus: | Presentation of the major elements of environmental and natural resource economics, focusing on the applications to environmental decision making - the role of economics in environmental management - economic efficiency and markets - market failure, externalities and property rights - nonrenewable and renewable resources - benefit-cost analysis - policy instruments such as taxes and tradable permits - applications of environmental economics and international environmental issues such as the economics of climate change. |
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| Unit Outcomes: | On successful completion of this unit students will have- Understanding of the links between the economy and the environment. Understanding of current environmental problems. Become able to apply economic analysis to environmental issues. Become able to evaluate economic policy in addressing environmental issues. |
| 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: | No prescribed references. |
| Unit Texts: | Harris, J.M. (2002). Environmental and Natural Resource Economics: A Contemporary Approach, New York, Houghton Mifflin. |
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| Unit Assessment Breakdown: | Students negotiate unit assessment breakdown in consultation with unit coordinator within specified ranges: Test 20%-25%, Assignment 20% - 25%, Presentation 10% - 15%, Exam 35% - 50%. This is by grade/mark assessment.. |
| Year | Location | Period | Internal | Area External | Central External | | 2004 | Bentley Campus | Semester 2 | Y | | | |
