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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 (login required)(opens in new window)
Contact information
Semester 2
Leslie Martin: leslie.martin@unimelb.edu.au
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
On successful completion of this subject, students should be able to:
- 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
On successful completion of this subject, students should have improved the following generic skills:
- 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.
- 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.
- Some level of development: use of computer software.
Last updated: 22 March 2024
Eligibility and requirements
Prerequisites
Code | Name | Teaching period | Credit Points |
---|---|---|---|
ECON20002 | Intermediate Microeconomics |
Summer Term (On Campus - Parkville)
Semester 1 (On Campus - Parkville)
|
12.5 |
Corequisites
None
Non-allowed subjects
Students who complete this subject cannot also gain credit for
Code | Name | Teaching period | Credit Points |
---|---|---|---|
ECON20004 | Economics of the Environment | Not available in 2024 |
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 March 2024
Assessment
Description | Timing | Percentage |
---|---|---|
Problem set 1
| Week 3 | 3% |
Problem set 2
| Week 4 | 3% |
Probelm Set 3
| Week 5 | 3% |
Problem Set 4
| Week 7 | 3% |
Problem set 5
| Week 10 | 3% |
Essay
| Week 11 | 25% |
End-of-semester examination
| During the examination period | 60% |
Last updated: 22 March 2024
Dates & times
- Semester 2
Principal coordinator Leslie Martin Mode of delivery On Campus (Parkville) Contact hours Two 1-hour lectures and one 1-hour tutorial per week Total time commitment 170 hours Teaching period 22 July 2024 to 20 October 2024 Last self-enrol date 2 August 2024 Census date 2 September 2024 Last date to withdraw without fail 20 September 2024 Assessment period ends 15 November 2024 Semester 2 contact information
Leslie Martin: leslie.martin@unimelb.edu.au
Time commitment details
170 hours
What do these dates mean
Visit this webpage to find out about these key dates, including how they impact on:
- Your tuition fees, academic transcript and statements.
- And for Commonwealth Supported students, your:
- Student Learning Entitlement. This applies to all students enrolled in a Commonwealth Supported Place (CSP).
Subjects withdrawn after the census date (including up to the ‘last day to withdraw without fail’) count toward the Student Learning Entitlement.
Last updated: 22 March 2024
Further information
- Texts
Prescribed texts
Environmental Economics by Charles Kolstad
- Related Handbook entries
This subject contributes to the following:
Type Name Course Master of Applied Econometrics Major Environmental Geography Informal specialisation Environments Discipline subjects Major Economics - Breadth options
This subject is available as breadth in the following courses:
- Bachelor of Arts
- Bachelor of Biomedicine
- Bachelor of Design
- Bachelor of Environments
- Bachelor of Fine Arts (Acting)
- Bachelor of Fine Arts (Animation)
- Bachelor of Fine Arts (Dance)
- Bachelor of Fine Arts (Film and Television)
- Bachelor of Fine Arts (Music Theatre)
- Bachelor of Fine Arts (Production)
- Bachelor of Fine Arts (Screenwriting)
- Bachelor of Fine Arts (Theatre)
- Bachelor of Fine Arts (Visual Art)
- Bachelor of Music
- Bachelor of Science
- 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 March 2024