• Offered by Fenner School of Environment and Society
  • ANU College ANU Joint Colleges of Science
  • Course subject Environmental Science
  • Areas of interest Forestry, Geography, Interdisciplinary Studies - Sustainability, Resource Management and Environmental Science, Environmental Studies More...
  • Academic career Undergraduate
  • Course convener
    • Prof Jeffrey Bennett
  • Mode of delivery In Person
  • Co-taught Course EMDV8078
  • Offered in First Semester 2018
    See Future Offerings

The course “Economics for the Environment' begins with an explanation of what economics is. In this explanation, a role for economics in the consideration of environmental matters is established. The potential for markets to solve environmental problems is explored and this is accompanied by an analysis of government, or 'command and control' mechanisms for dealing with environmental issues. Throughout the course economic principles and techniques are set out. These include opportunity cost, demand, transaction costs, property rights and benefit cost analysis.

Learning Outcomes

On satisfying the requirements of this course, students will have the knowledge and skills to:

1. explain how the discipline of economics, and economic tools such as cost-benefit analysis, can be used to analyse environmental and natural resource use issues
2. describe the potential for market and government ('command and control) mechanisms to address environmental issues
3. appreciate the role of economics in the management of natural resources, including water, forests, energy, agriculture and wildlife, at local, regional and global levels

This course also provides the basic skills for further studies in environmental and resource economics.

Indicative Assessment

The course will be assessed on the basis of student performance in four modes of assessment:

  1. Two assignments randomly drawn at two different points in time during the semester from assignments set each week. (10% each)
  2. An oral presentation based on a written paper (10%)
  3. A mid semester test (closed book) (20%)
  4. A final examination (closed book) (50%) 

The ANU uses Turnitin to enhance student citation and referencing techniques, and to assess assignment submissions as a component of the University's approach to managing Academic Integrity. While the use of Turnitin is not mandatory, the ANU highly recommends Turnitin is used by both teaching staff and students. For additional information regarding Turnitin please visit the ANU Online website.

Workload

Two one-hour lectures and a one-hour tutorial each week, plus up to seven hours per week individual study

Requisite and Incompatibility

To enrol in this course you must have completed 48 units towards a degree. You are not able to enrol in this course if you have completed SRES2007.

Prescribed Texts

Tietenberg, T. (2009) Environmental Economics and Policy (6th edition). Boston: Pearson Addison Wesley.

Preliminary Reading

Heyne, P.T. (2000) The Economic Way of Thinking (9th edition). Prentice Hall, NJ.

Indicative Reading List

Recommended reading -

Bennett, J. (2012) Little Green Lies. Ballan, Vic.: Connor Court Publishing

Areas of Interest

  • Forestry
  • Geography
  • Interdisciplinary Studies - Sustainability
  • Resource Management and Environmental Science
  • Environmental Studies
  • Human Sciences
  • Economics

Majors

Minors

Fees

Tuition fees are for the academic year indicated at the top of the page.  

If you are a domestic graduate coursework or international student you will be required to pay tuition fees. Tuition fees are indexed annually. Further information for domestic and international students about tuition and other fees can be found at Fees.

Student Contribution Band:
Band 2
Unit value:
6 units

If you are an undergraduate student and have been offered a Commonwealth supported place, your fees are set by the Australian Government for each course. At ANU 1 EFTSL is 48 units (normally 8 x 6-unit courses). You can find your student contribution amount for each course at Fees.  Where there is a unit range displayed for this course, not all unit options below may be available.

Units EFTSL
6.00 0.12500
Note: Please note that fee information is for current year only.

Offerings and Dates

The list of offerings for future years is indicative only

First Semester

Class number Class start date Last day to enrol Census date Class end date Mode Of Delivery
2873 19 Feb 2018 26 Feb 2018 31 Mar 2018 25 May 2018 In Person

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