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ECON8040 Resource & Environmental Economics

Offered By Research School of Economics General
Academic Career Graduate Coursework
Course Subject Economics
Offered in First Semester, 2012
Unit Value 6 units
Course Description

This course deals with the exploitation of exhaustible, renewable and environmental resources and the public policy issues that arise in seeking their efficient use. It examines the effects of different market and mineral leasing arrangements and of alternative taxation regimes on the efficient exploitation of mineral and energy resources. It also examines problems of environmental degradation and natural area conservation, with a focus on alternative policy tools and evaluation procedures available to governments to moderate pollution and other forms of environmental damage.

Learning Outcomes

Students learn the economics of exhaustible, renewable, and environmental resources and the public policy issues that arise in seeking their efficient use.  By the end of the course, students will be able to appreciate:

  • the importance of ill-defined property rights in the market allocation of these resources and
  • comparing costs and benefits across different periods of time in determining their optimal use.
Indicative Assessment

A mid-semester examination, a small in-class test and a three-hour final examination.

Workload

12 hours 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.
Areas of Interest Economics
Eligibility

At least an average of 65% (or equivalent) in the final two years of an Australian undergraduate degree with introductory level courses in Economics, Statistics and Econometrics

Requisite Statement

Please discuss your enrolment with the convenor of the relevant programme.

Prescribed Texts

See Course Website: http://ecocomm.anu.edu.au/courses/course.asp?code=ECON8040

 

Programs Graduate Diploma in Applied Economics, Graduate Diploma in Applied Economics, Graduate Diploma in Economic Policy, Graduate Diploma in Economic Policy, Graduate Diploma in International Trade and Economic Relations, Graduate Diploma in International Trade and Economic Relations, Master of Applied Economics, Master of Applied Economics, Master of Business, Master of Business, Master of Climate Change, Master of Climate Change, Master of Commerce, Master of Commerce, Master of Commerce, Master of Economic Policy, Master of Economic Policy, Master of Economics, Master of Economics, Master of Environment, and Master of Environment
Other Information

Please see Course Website

Academic Contact See http://ecocomm.anu.edu.au/courses/course.asp?code=ECON8040

The information published on the Study at ANU 2012 website applies to the 2012 academic year only. All information provided on this website replaces the information contained in the Study at ANU 2011 website.

Updated:   13 Nov 2015 / Responsible Officer:   The Registrar / Page Contact:   Student Business Solutions