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. |
| Year | Location | Period | Internal | Area External | Central External | | 2003 | Bentley Campus | Semester 2 | Y | | | | 2003 | Bentley Campus | Short Period 11 | Y | | | |
Current as of: October 30, 2003 13:11:55
CRICOS provider code 00301J
