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Environmental Economics and Strategy (ECON90016)

Graduate courseworkPoints: 12.5On Campus (Parkville)

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Overview

Year of offer2019
Subject levelGraduate coursework
Subject codeECON90016
Campus
Parkville
Availability
Semester 1
FeesSubject EFTSL, Level, Discipline & Census Date

The subject provides an understanding of the economic analysis of market and government decisions affecting the environment. Topics include economic principles used in analysing private sector decisions on resource use and preservation, externalities and public goods reasons for government intervention, the theory and practice of benefit cost analysis, case study illustrations to water, forests, greenhouse gases and biodiversity.

Intended learning outcomes

On successful completion of this subject, students should be able to:

  • Apply economic tools of supply and demand, and of benefit cost analysis, to critically evaluate business and government decisions related to the use of the environment as a resource, as a waste disposal and as an amenity;
  • Describe and evaluate private sector decisions;
  • Critically evaluate the reasons for, and effects of, government intervention via taxes, subsidies, specifying property rights, rules and regulations and tradeable permits;
  • Apply economic concepts to analyse examples of real-world environmental issues, including population and economic growth, agricultural land, water, pollution and greenhouse gases and biodiversity.

Generic skills

On successful completion of this subject, students should have improved the following generic skills:

  • Evaluation of ideas, views and evidence
  • Synthesis of ideas, views and evidence
  • Strategic thinking
  • Critical thinking
  • Application of theory to economic policy and business decision making
  • Statistical reasoning
  • Problem solving skills
  • Collaborative learning and team work
  • Negotiation and bargaining
  • Written communication
  • Oral communication

Eligibility and requirements

Prerequisites

Entry into the Master of Management suite of programs or to a Graduate Program in Environmental Studies.

Corequisites

None

Non-allowed subjects

Master of Economics students are not permitted to enrol in this subject.

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

Assessment

Additional details

  • 2-hour final examination (70%); and
  • a group assignment (30%) composed of a 5000-word group report due mid-semester and a 30-minute presentation in group of 3-4 students. Presentation’s slides must be sent to the lecturer who will post them on LMS.

Note: Successful completion of this subject requires a pass (50%) in the final exam.

Dates & times

  • Semester 1
    Principal coordinatorRenaud Coulomb
    Mode of deliveryOn Campus — Parkville
    Contact hoursThree hours of lecture/seminar discussion per week
    Total time commitment170 hours
    Teaching period 4 March 2019 to 2 June 2019
    Last self-enrol date15 March 2019
    Census date31 March 2019
    Last date to withdraw without fail10 May 2019
    Assessment period ends28 June 2019

    Semester 1 contact information

Time commitment details

Estimated total time commitment of 170 hours per semester

Further information

Last updated: 20 August 2019