IDEC8053 Environmental Economics

Offered By	International and Development Economics Program
Academic Career	Graduate Coursework
Course Subject	International and Developmental Economics
Offered in	First Semester, 2009 and First Semester, 2010
Unit Value	6 units
Course Description	The course will examine key topics in environmental economics with a focus upon the following questions: (1) What is efficient and sustainable use of the environment? (2) What prevents us from sustainably managing the environment? (3) What approaches can we use to improve environmental management? The course includes material on environmental valuation, economics of pollution control and regulation, property rights and incentives, dynamic environmental management, and global environmental problems.
Learning Outcomes	Upon successful completion of this course students will have: * demonstrated a working knowledge of the principles and methods of environmental valuation * analysed the relative merits of several types of environmental regulation in various contexts * conducted a policy evaluation of a major environmental issue * understood the role of property rights, institutions, and incentives in environmental problems * modelled dynamic environmental management both mathematically and computationally
Indicative Assessment	Midterm exam 25%, term paper 35%, final examination 40%
Workload	2 hours lecture and 1 hour tutorial per week
Course Classification(s)	AdvancedAdvanced courses are designed for students having reached 'first degree' level of assumed knowledge, which provide a deep understanding of contemporary issues; or 'second degree' and higher levels of knowledge; or for transition to research training programs. and SpecialistSpecialist courses are designed for students having reached 'first degree' level of assumed knowledge, which provide for the acquisition of specialist skills; or 'second degree' and higher level of knowledge; or for transition to research training programs; or knowledge associated with professional accreditation.
Areas of Interest	Economics
Programs	Master of Environmental Management and Development, Master of Economics of Development, Master of Environmental and Resource Economics, Master of Health Economics, Master of International and Development Economics, Master of Climate Change, and Master of Environment
Academic Contact	Dr. Michael Ward

The information published on the Study at ANU 2009 website applies to the 2009 academic year only. All information provided on this website replaces the information contained in the Study at ANU 2008 website.