Environmental Economics and Strategy

Subject ECON90016 (2014)

Note: This is an archived Handbook entry from 2014.

Credit Points: 12.50
Level: 9 (Graduate/Postgraduate)
Dates & Locations:

This subject is not offered in 2014.

Time Commitment: Contact Hours: Three hours of lecture/seminar discussion per week
Total Time Commitment:

Estimated total time commitment of 120 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:

None

Core Participation Requirements:

For the purposes of considering requests for Reasonable Adjustments under the Disability Standards for Education (Cwth 2005), and Students Experiencing Academic Disadvantage Policy, academic requirements for this subject are articulated in the Subject Description, Subject Objectives, Generic Skills and Assessment Requirements for this entry.

The University is dedicated to provide support to those with special requirements. Further details on the disability support scheme can be found at the Disability Liaison Unit website: http://www.services.unimelb.edu.au/disability/

Contact

Email: h.clarke@latrobe.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
  • 3000 word group assignment due in week 10 and presented during a period for seminar presentations (30%).
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 Course(s): Master of Business and Information Technology
Related Majors/Minors/Specialisations: Climate Change
Climate Change
Conservation and Restoration
Development
Development
Education
Education
Energy Efficiency Modelling and Implementation
Energy Efficiency Modelling and Implementation
Energy Studies
Energy Studies
Governance, Policy and Communication
Governance, Policy and Communication
Integrated Water Catchment Management
Integrated Water Catchment Management
Sustainable Cities, Sustainable Regions
Sustainable Cities, Sustainable Regions
Sustainable Forests
Sustainable Forests
Tailored Specialisation
Tailored Specialisation
Waste Management
Waste Management

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