Handbook

ECON90016 Environmental Economics and Strategy

Credit Points: 12.5
Level: 9 (Graduate/Postgraduate)
Dates & Locations:

This subject has the following teaching availabilities in 2017:

Semester 1, Parkville - Taught on campus.Show/hide details
Pre-teaching Period Start not applicable
Teaching Period 27-Feb-2017 to 28-May-2017
Assessment Period End 23-Jun-2017
Last date to Self-Enrol 10-Mar-2017
Census Date 31-Mar-2017
Last date to Withdraw without fail 05-May-2017


Timetable can be viewed here.
For information about these dates, click here.
Time Commitment: Contact Hours: Three hours of lecture/seminar discussion per week
Total Time Commitment:

Estimated total time commitment of 170 hours per semester

Prerequisites:

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

Corequisites:

None

Recommended Background Knowledge:

None

Non Allowed Subjects:

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

Core Participation Requirements:

For the purposes of considering request for Reasonable Adjustments under the Disability Standards for Education (Cwth 2005), and Student Support and Engagement Policy, academic requirements for this subject are articulated in the Subject Overview, Learning Outcomes, Assessment and Generic Skills sections of this entry.

It is University policy to take all reasonable steps to minimise the impact of disability upon academic study, and reasonable adjustments will be made to enhance a student's participation in the University's programs. Students who feel their disability may impact on meeting the requirements of this subject are encouraged to discuss this matter with a Faculty Student Adviser and Student Equity and Disability Support: http://services.unimelb.edu.au/disability

Coordinator

Dr Renaud Coulomb

Contact

Email: renaud.coulomb@unimelb.edu.au

Subject Overview:

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.

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.
Assessment:
  • 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.

Prescribed Texts:

You will be advised of prescribed texts by your lecturer.

Breadth Options:

This subject is not available as a breadth subject.

Fees Information: Subject EFTSL, Level, Discipline & Census Date
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
Related Majors/Minors/Specialisations: Climate Change
Climate Change
Conservation and Restoration
Conservation and Restoration
Development
Development
Education
Education and Social Change
Energy Efficiency Modelling and Implementation
Energy Efficiency Modelling and Implementation
Energy Studies
Energy Studies
Governance, Policy and Communication
Governance, Policy and Markets
Integrated Water Catchment Management
Integrated Water Catchment Management
Master of International Business electives
Master of Management general electives
Sustainable Cities, Sustainable Regions
Sustainable Cities, Sustainable Regions
Sustainable Forests
Sustainable Forests
Tailored Specialisation
Tailored Specialisation
Waste Management
Waste Management

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