• Class Number 9946
  • Term Code 2960
  • Class Info
  • Unit Value 6 units
  • Mode of Delivery In Person
  • COURSE CONVENER
    • Prof Rupert Grafton
  • LECTURER
    • Prof Rupert Grafton
  • Class Dates
  • Class Start Date 22/07/2019
  • Class End Date 25/10/2019
  • Census Date 31/08/2019
  • Last Date to Enrol 29/07/2019
SELT Survey Results

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.

Examination Material or equipment

Foreign language dictionary

Required Resources

Title: Environmental and Natural Resource Economics A Contemporary Approach (2018)

Authors: Harris, J.M. and Roach, B.

Publisher: Routledge

Edition: Fourth

ISBN 978-1-315-62019-0 (ebook) 978-315-65947-6 (hbk)

Title: Environmental and Natural Resorce Economics (2018)

Author: Tietenberg, T. and Lewis, L.

Publisher: Routledge

Edition: 11th Edition

ISBN: 978-1-138-63230-1 9pbk) 978-1-315-20834-3 (ebk)

Staff Feedback

Students will be given feedback in the following forms in this course:
  • Written comments
  • Verbal comments
  • Feedback to the whole class, to groups, to individuals, focus groups

Student Feedback

ANU is committed to the demonstration of educational excellence and regularly seeks feedback from students. Students are encouraged to offer feedback directly to their Course Convener or through their College and Course representatives (if applicable). The feedback given in these surveys is anonymous and provides the Colleges, University Education Committee and Academic Board with opportunities to recognise excellent teaching, and opportunities for improvement. The Surveys and Evaluation website provides more information on student surveys at ANU and reports on the feedback provided on ANU courses.

Class Schedule

Week/Session Summary of Activities Assessment
1 Introduction to course and expectations. Introduction to economy and the environment. marginal cost and marginal benefits. Understanding of market equilibrium, consumer surplus and producer surplus. See HR Chapters 1 and 2, Appendix 3.1
2 Environmental externalities, government failure and market failure. Internalising externalities. HR Chapter 3
3 Cost-Benefit Analysis HR Chapter 7
4 Economics of Pollution Control HR Chapter 8
5 Tragedy of the Commons and Public Goods HR Chapter 4
6 Fisheries economics and policy HR Chapters 4 and 18
7 Forestry economics and policy HR Chapter 19
8 Water economics and policy HR Chapter 20
9 Non-renewable resources and scarcity HR Chapter 17
10 Food-Energy-Environment-Water Nexus HR Chapters 15 and 16
11 Energy Transition and Climate Change HR Chapters 11 and 12
12 Global sustainability HR Chapters 9, 10 and 22

Assessment Summary

Assessment task Value Due Date Return of assessment
Participation in group work within the weekly lecture (weeks 2 to 11) 5 % 30/07/2019 28/11/2019
An oral presentation in tutorials based on a written paper (weeks 3 to 10) 10 % 09/08/2019 28/11/2019
Take-home test 15 % 20/08/2019 28/11/2019
Mid-semester exam (closed book) 20 % 17/09/2019 28/11/2019
Final exam (closed book) 50 % 31/10/2019 28/11/2019

* If the Due Date and Return of Assessment date are blank, see the Assessment Tab for specific Assessment Task details

Policies

ANU has educational policies, procedures and guidelines, which are designed to ensure that staff and students are aware of the University’s academic standards, and implement them. Students are expected to have read the Academic Misconduct Rule before the commencement of their course. Other key policies and guidelines include:

Assessment Requirements

The ANU is using 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. For additional information regarding Turnitin please visit the ANU Online website Students may choose not to submit assessment items through Turnitin. In this instance you will be required to submit, alongside the assessment item itself, hard copies of all references included in the assessment item.

Moderation of Assessment

Marks that are allocated during Semester are to be considered provisional until formalised by the College examiners meeting at the end of each Semester. If appropriate, some moderation of marks might be applied prior to final results being released.

Assessment Task 1

Value: 5 %
Due Date: 30/07/2019
Return of Assessment: 28/11/2019
Learning Outcomes: 

Participation in group work within the weekly lecture (weeks 2 to 11)

Length: Students will work in groups and asked to respond to questions relevant to the material covered during the lecture.

Due: Each week (2 to 11)

Assessment Task 2

Value: 10 %
Due Date: 09/08/2019
Return of Assessment: 28/11/2019
Learning Outcomes: 

An oral presentation in tutorials based on a written paper (weeks 3 to 10)

Length: Students will be assigned to tutorial and topic at random of one page.

Mode of submission: Paper due on Turnitin

Due: Each week

Assessment Task 3

Value: 15 %
Due Date: 20/08/2019
Return of Assessment: 28/11/2019
Learning Outcomes: 

Take-home test

Length: Short essay questions

Mode of submission: Submission via Turnitin

Assessment Task 4

Value: 20 %
Due Date: 17/09/2019
Return of Assessment: 28/11/2019
Learning Outcomes: 

Mid-semester exam (closed book)

Length: Short answer questions

Date: 17 September 2019

Assessment Task 5

Value: 50 %
Due Date: 31/10/2019
Return of Assessment: 28/11/2019
Learning Outcomes: 

Final exam (closed book)

Length: Short answer questions

Final Examination (to be held during the examination period with the specific date to be confirmed by the ANU examination office)

Academic Integrity

Academic integrity is a core part of our culture as a community of scholars. At its heart, academic integrity is about behaving ethically. This means that all members of the community commit to honest and responsible scholarly practice and to upholding these values with respect and fairness. The Australian National University commits to embedding the values of academic integrity in our teaching and learning. We ensure that all members of our community understand how to engage in academic work in ways that are consistent with, and actively support academic integrity. The ANU expects staff and students to uphold high standards of academic integrity and act ethically and honestly, to ensure the quality and value of the qualification that you will graduate with. The University has policies and procedures in place to promote academic integrity and manage academic misconduct. Visit the following Academic honesty & plagiarism website for more information about academic integrity and what the ANU considers academic misconduct. The ANU offers a number of services to assist students with their assignments, examinations, and other learning activities. The Academic Skills and Learning Centre offers a number of workshops and seminars that you may find useful for your studies.

Online Submission

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.

Hardcopy Submission

For some forms of assessment (hand written assignments, art works, laboratory notes, etc.) hard copy submission is appropriate when approved by the Associate Dean (Education). Hard copy submissions must utilise the Assignment Cover Sheet. Please keep a copy of tasks completed for your records.

Late Submission

No submission of assessment tasks without an extension after the due date will be permitted. If an assessment task is not submitted by the due date, a mark of 0 will be awarded. OR Late submission of assessment tasks without an extension are penalised at the rate of 5% of the possible marks available per working day or part thereof. Late submission of assessment tasks is not accepted after 10 working days after the due date, or on or after the date specified in the course outline for the return of the assessment item. Late submission is not accepted for take-home examinations.

Referencing Requirements

Accepted academic practice for referencing sources that you use in presentations can be found via the links on the Wattle site, under the file named “ANU and College Policies, Program Information, Student Support Services and Assessment”. Alternatively, you can seek help through the Students Learning Development website.

Extensions and Penalties

Extensions and late submission of assessment pieces are covered by the Student Assessment (Coursework) Policy and Procedure The Course Convener may grant extensions for assessment pieces that are not examinations or take-home examinations. If you need an extension, you must request an extension in writing on or before the due date. If you have documented and appropriate medical evidence that demonstrates you were not able to request an extension on or before the due date, you may be able to request it after the due date.

Privacy Notice

The ANU has made a number of third party, online, databases available for students to use. Use of each online database is conditional on student end users first agreeing to the database licensor’s terms of service and/or privacy policy. Students should read these carefully. In some cases student end users will be required to register an account with the database licensor and submit personal information, including their: first name; last name; ANU email address; and other information. In cases where student end users are asked to submit ‘content’ to a database, such as an assignment or short answers, the database licensor may only use the student’s ‘content’ in accordance with the terms of service — including any (copyright) licence the student grants to the database licensor. Any personal information or content a student submits may be stored by the licensor, potentially offshore, and will be used to process the database service in accordance with the licensors terms of service and/or privacy policy. If any student chooses not to agree to the database licensor’s terms of service or privacy policy, the student will not be able to access and use the database. In these circumstances students should contact their lecturer to enquire about alternative arrangements that are available.

Distribution of grades policy

Academic Quality Assurance Committee monitors the performance of students, including attrition, further study and employment rates and grade distribution, and College reports on quality assurance processes for assessment activities, including alignment with national and international disciplinary and interdisciplinary standards, as well as qualification type learning outcomes. Since first semester 1994, ANU uses a grading scale for all courses. This grading scale is used by all academic areas of the University.

Support for students

The University offers students support through several different services. You may contact the services listed below directly or seek advice from your Course Convener, Student Administrators, or your College and Course representatives (if applicable).
Prof Rupert Grafton
02 6125 6558
quentin.grafton@anu.edu.au

Research Interests


Prof Rupert Grafton

Tuesday 12:00 13:00
Tuesday 12:00 13:00
Prof Rupert Grafton
6125 6558
quentin.grafton@anu.edu.au

Research Interests


Prof Rupert Grafton

Tuesday 12:00 13:00
Tuesday 12:00 13:00

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