• Offered by Crawford School of Public Policy
  • ANU College ANU College of Asia and the Pacific
  • Classification Advanced
  • Course subject Environmental Management & Development
  • Academic career PGRD
  • Course convener
    • Prof Rupert Grafton
  • Mode of delivery In Person
  • Co-taught Course
  • Offered in First Semester 2020
    See Future Offerings

The course “Introduction to Environmental and Resource Economics’ explains the economic 'way of thinking' in the context of environmental matters. 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 applied and example/cases are evaluated.

Learning Outcomes

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

  1. 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 and energy.

Other Information

Delivery Mode:

First semester; lectures and tutorials. On Campus.

Indicative Assessment

  1. The course will be assessed on the basis of student performance in four modes of assessment: (100) [LO null]
  2. Oral presentation at a tutorial assigned at random (10% each) (10) [LO null]
  3. Class work during weekly lectures (15%) (15) [LO null]
  4. A mid semester test (open book)(25%) (25) [LO null]
  5. A final examination (open book) (50%) (50) [LO null]

In response to COVID-19: Please note that Semester 2 Class Summary information (available under the classes tab) is as up to date as possible. Changes to Class Summaries not captured by this publication will be available to enrolled students via Wattle. 

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 (lectures) plus 5 hours preparation, assignments and revision per week.

Inherent Requirements

Not applicable

Prescribed Texts

Harris, Jonathan, M. and Roach, Brian. 2018. Environmental and Resource Economics: A Contemporary Approach. 4th Edition. Routledge.

Preliminary Reading

Recommended (supplementary) reading

Tietenebrg, Thomas, H. and Lewis, Lynne. 2018. Environmental and Natural Resource Economics. 11th Edition. Routledge.

 

Assumed Knowledge

No assumed knowledge of economics is required.

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:
3
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
2020 $4500
International fee paying students
Year Fee
2020 $6000
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
2469 24 Feb 2020 02 Mar 2020 08 May 2020 05 Jun 2020 In Person View
Online
4799 24 Feb 2020 02 Mar 2020 08 May 2020 05 Jun 2020 Online View

Responsible Officer: Registrar, Student Administration / Page Contact: Website Administrator / Frequently Asked Questions