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10947 (v.3) WASM Mineral Market Analysis 601
Area: |
WASM Mineral Economics Teaching Area |
Credits: |
25.0 |
Contact Hours: |
32.0 |
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| ** 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. ** |
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Lecture: |
8 x 4 Hours Fortnightly |
Prerequisite(s): |
10939 (v.4) WASM Natural Resources Economics 601
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Syllabus: |
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. |
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| ** 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. ** |
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Field of Education: |
91900 Economics and Econometrics (Narrow Grouping) |
HECS Band (if applicable): |
2 |
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Extent to which this unit or thesis
utilises online information: |
Not Online |
Result Type: |
Grade/Mark |
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Availability |
| Year |
Location |
Period |
Internal |
Area External |
Central External |
| 2004 |
Bentley Campus |
Semester 2 |
Y |
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| 2004 |
Kalgoorlie Campus |
Winter Period |
Y |
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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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