• Offered by Environmental Management & Development Program
  • ANU College ANU College of Asia and the Pacific
  • Classification Advanced
  • Course subject Environmental Management & Development
  • Areas of interest Environmental Studies
  • Academic career PGRD
  • Course convener
    • Prof Jeffrey Bennett
  • Mode of delivery In Person
  • Offered in First Semester 2014
    See Future Offerings

The course “Introduction to Environmental and Resource Economics’ 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

Upon successful completion, students will have the knowledge and skills to:

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, and (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.

Other Information

Delivery Mode:

1st semester; lectures and tutorials.  On Campus.

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

3 contact hours per week plus 5 hours preparation, assignements and revision per week.

Prescribed Texts

Tietenberg, T. and Lewis, L. (2010) Environmental Economics and Policy (6th edition). Boston: Pearson Addison-Wesley.

Preliminary Reading

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

 

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. Students continuing in their current program of study will have their tuition fees indexed annually from the year in which you commenced your program. Further information for domestic and international students about tuition and other fees can be found at Fees.

Student Contribution 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
Domestic fee paying students
Year Fee
1994-2003 $1338
2004 $2160
2005 $2850
2006 $2850
2007 $3132
2008 $3402
2009 $3570
2010 $3570
2011 $3576
2012 $3582
2013 $3582
2014 $3582
International fee paying students
Year Fee
1994-2003 $3672
2004 $3864
2005 $3864
2006 $3864
2007 $3864
2008 $4002
2009 $4002
2010 $4134
2011 $4134
2012 $4140
2013 $4140
2014 $4146
Note: Please note that fee information is for current year only.

Offerings, Dates and Class Summary Links

The list of offerings for future years is indicative only.
Class summaries, if available, can be accessed by clicking on the View link for the relevant class number.

First Semester

Class number Class start date Last day to enrol Census date Class end date Mode Of Delivery Class Summary
3692 17 Feb 2014 07 Mar 2014 31 Mar 2014 30 May 2014 In Person N/A

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