- Code EMDV8078
- Unit Value 6 units
- Offered by Crawford School of Public Policy
- ANU College ANU College of Asia and the Pacific
- Course subject Environmental Management & Development
- Academic career PGRD
- Prof Rupert Grafton
- Mode of delivery In Person
- Co-taught Course
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.
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 and energy.
First semester; lectures and tutorials. On Campus.
- The course will be assessed on the basis of student performance in four modes of assessment: (100) [LO null]
- Oral presentation at a tutorial assigned at random (10% each) (10) [LO null]
- Class work during weekly lectures (15%) (15) [LO null]
- A mid semester test (open book)(25%) (25) [LO null]
- 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.
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3 contact hours per week (lectures) plus 5 hours preparation, assignments and revision per week.
Harris, Jonathan, M. and Roach, Brian. 2018. Environmental and Resource Economics: A Contemporary Approach. 4th Edition. Routledge.
Recommended (supplementary) reading
Tietenebrg, Thomas, H. and Lewis, Lynne. 2018. Environmental and Natural Resource Economics. 11th Edition. Routledge.
No assumed knowledge of economics is required.
Tuition fees are for the academic year indicated at the top of the page.
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- Student Contribution Band:
- Unit value:
- 6 units
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