Agricultural and Resource Economics

Subject AGRI20033 (2015)

Note: This is an archived Handbook entry from 2015.

Credit Points: 12.5
Level: 2 (Undergraduate)
Dates & Locations:

This subject has the following teaching availabilities in 2015:

Semester 2, Parkville - Taught on campus.
Pre-teaching Period Start not applicable
Teaching Period 27-Jul-2015 to 25-Oct-2015
Assessment Period End 20-Nov-2015
Last date to Self-Enrol 07-Aug-2015
Census Date 31-Aug-2015
Last date to Withdraw without fail 25-Sep-2015


Timetable can be viewed here. For information about these dates, click here.
Time Commitment: Contact Hours: 24 hours lectures / 24 hours tutorials/practical classes
Total Time Commitment:

170 hours

Prerequisites: None
Corequisites: None
Recommended Background Knowledge:

It is recommended that students have completed the subject AGRI10043 Land Water & Food Economy

Subject
Study Period Commencement:
Credit Points:
Non Allowed Subjects: None
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

Assoc Prof Bill Malcolm

Contact

b.malcolm@unimelb.edu.au

Subject Overview:

This subject is about the application of economic analysis to public choices about alternative resource uses.

Learning Outcomes:

On completion of this subject students will understand:

* the economic methods and thinking underlying agricultural and natural resources policies including policies on climate change

* the concepts of public goods and market failure, property rights and common property

* the principles and practice of social benefit cost analysis

Assessment:

1 x 2000 word assignment – 30% due week 8

3 hour final exam – 70%

Prescribed Texts:

N/A

Breadth Options:

This subject potentially can be taken as a breadth subject component for the following courses:

You should visit learn more about breadth subjects and read the breadth requirements for your degree, and should discuss your choice with your student adviser, before deciding on your subjects.

Fees Information: Subject EFTSL, Level, Discipline & Census Date
Generic Skills:

On completion of this subject, students should have developed their:

  • Capacity to apply economic logic to real world problems about using natural resources;
  • Ability to integrate knowledge from different disciplines;
  • Communication skills, through written and oral presentations;
  • Quantitative analysis skills; and
  • Sense of intellectual curiosity
Related Majors/Minors/Specialisations: Production Animal Health
Sustainable Production

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