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IDEC8053 Environmental Economics

Offered By International and Development Economics Program
Academic Career Graduate Coursework
Course Subject International and Developmental Economics
Offered in First Semester, 2013 and First Semester, 2014
Unit Value 6 units
Course Description

This course provides a broad coverage of environmental economics for Master-level students. The course covers market failure, the economics of pollution control, cost-benefit analysis, environmental valuation, the environment and the economy, global environmental problems, and other topics. Students will apply economic approaches to analyse policy options to better manage the environment at both the local and global levels.

Learning Outcomes

On successful completion of this course students will have a detailed understanding of the discipline of environmental economics, including its key principles and methods. Students will be able to use economic techniques to analyse environmental problems and to assess environmental policies.

Indicative Assessment

Assessment will involve one 2,500-word essay (20%), a mid-semester exam (20%), and a final exam (60%).

Workload

A 2-hour Lecture and a 1-hour Workshop each week. Students are expected to study at least 8 hours per week outside class.

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
Assumed Knowledge and
Required Skills

This is a Master-level course in Economics. Knowledge in basic microeconomics and in mathematical techniques (including calculus) is assumed.

Prescribed Texts

Perman, R, Ma, Y, Common, M, Maddison, D & McGilvray, J 2011, Natural Resource and Environmental Economics, 4th edn, Addison Wesley.

Preliminary Reading

Wagner, G 2011, But Will the Planet Notice? How Smart Economics Can Save the World, Hill and Wang.

Programs Master of Health Economics, Master of Health Economics, Master of Environment, Master of Environment, Master of Environmental Management and Development, Master of Environmental Management and Development, Master of International and Development Economics, Master of International and Development Economics, Master of Environmental and Resource Economics, Master of Environmental and Resource Economics, Master of Climate Change, and Master of Climate Change
Academic Contact Dr Paul J. Burke

The information published on the Study at ANU 2013 website applies to the 2013 academic year only. All information provided on this website replaces the information contained in the Study at ANU 2012 website.

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