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Environmental Economics (ECON30011)
Undergraduate level 3Points: 12.5On Campus (Parkville)
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Semester 2
Overview
| Availability | Semester 2 |
|---|---|
| Fees | Look up fees |
Environmental issues will be addressed with the aid of economic theory. Topics include sustainability of economies; pollution as an externality; approaches to dealing with pollution in different countries; methods of valuing the environment and environmental damage; effect on future generations; environmental amenity as a public good; and the environment and economic development.
Intended learning outcomes
- Explain the externality and public good reasons for market failure and their relationship to environmental problems
- Explain the difference between command and control methods and methods that use economic incentives;
- Critically evaluate the different regulatory approaches for dealing with environmental problems
- Describe the importance of putting monetary values on environmental resources
- Evaluate the methods of valuing the environment and the importance of environmental accounting
- Explain the inter-linkage between population growth, poverty and environmental degradation;
- Apply the theories discussed in class to empirical evidence;
- Critically analyse the alternative policy proposals for reducing environmental degradation.
Generic skills
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High level of development: oral communication; written communication; application of theory to practice; critical thinking; synthesis of data and other information; evaluation of data and other information.
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Moderate level of development: collaborative learning; problem solving; team work; statistical reasoning; interpretation and analysis; accessing data and other information from a range of sources; receptiveness to alternative ideas.
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Some level of development: use of computer software.
Last updated: 22 November 2023
Eligibility and requirements
Prerequisites
The following:
| Code | Name | Teaching period | Credit Points |
|---|---|---|---|
| ECON20002 | Intermediate Microeconomics |
Semester 1 (On Campus - Parkville)
Summer Term (On Campus - Parkville)
|
12.5 |
Corequisites
None
Non-allowed subjects
Students may not gain credit for both
and
Code
Name
Teaching period
Credit Points
ECON30011
Environmental Economics
12.5
.
Code
Name
Teaching period
Credit Points
ECON20004
Economics of the Environment
12.5
Recommended background knowledge
Please refer to Prerequisites and Corequisites.
Inherent requirements (core participation requirements)
The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.
Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home
Last updated: 22 November 2023
Assessment
Additional details
- A 2-hour end-of-semester examination (60%)
- An essay of approximately 3000 words (30%)
- In-class assessment (in the form of seminar presentation and class participation) (10%)
- To pass this subject students must pass the end of semester examination.
Last updated: 22 November 2023
Dates & times
- Semester 2
Principal coordinator Leslie Martin Mode of delivery On Campus (Parkville) Contact hours Two 1-hour lectures and a 1-hour tutorial per week Total time commitment 170 hours Teaching period 23 July 2018 to 21 October 2018 Last self-enrol date 3 August 2018 Census date 31 August 2018 Last date to withdraw without fail 21 September 2018 Assessment period ends 16 November 2018 Semester 2 contact information
Time commitment details
170 Hours
Last updated: 22 November 2023
Further information
- Texts
Prescribed texts
Environmental Economics by Charles Kolstad
- Subject notes
- Related Handbook entries
This subject contributes to the following:
Type Name Course Master of Applied Econometrics Major Economics Informal specialisation Environments Discipline subjects Major Environmental Geography - Breadth options
This subject is available as breadth in the following courses:
- Available through the Community Access Program
About the Community Access Program (CAP)
This subject is available through the Community Access Program (also called Single Subject Studies) which allows you to enrol in single subjects offered by the University of Melbourne, without the commitment required to complete a whole degree.
Entry requirements including prerequisites may apply. Please refer to the CAP applications page for further information.
- Available to Study Abroad and/or Study Exchange Students
This subject is available to students studying at the University from eligible overseas institutions on exchange and study abroad. Students are required to satisfy any listed requirements, such as pre- and co-requisites, for enrolment in the subject.
Last updated: 22 November 2023