This course provides a broad coverage of environmental economics for Master-level students. The course covers market failure, the economics of pollution control, market-based instruments, environmental cost-benefit analysis, environmental valuation, the environment and the economy, global environmental problems, and other topics. Students will apply economic approaches to analyse policy options to better manage the environment at both the local and global levels.
Learning Outcomes
Upon successful completion, students will have the knowledge and skills to:
On successful completion of this course students will:(1) Have a detailed understanding of the discipline of environmental economics, including its key principles and methods.
(2) Be able to use economic techniques to analyse environmental problems and to assess environmental policies.
(3) Have developed research skills in the field of environmental economics.
Indicative Assessment
Assessment will involve one 2,500-word essay (25%), a mid-semester exam (20%), and a final exam (55%).
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
A 2-hour Lecture and a 1-hour Workshop each week. Students are expected
to study around 8 hours per week outside class.
Prescribed Texts
Perman, R, Ma, Y, Common, M, Maddison, D & McGilvray, J 2011, Natural Resource and Environmental Economics, 4th edn, Addison Wesley.
Preliminary Reading
Wagner, G 2011, But Will the Planet Notice? How Smart Economics Can Save the World, Hill and Wang.
Assumed Knowledge
This is a Master-level course in Economics. Knowledge in basic microeconomics and in mathematical techniques (including calculus) is assumed.
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 |
Course fees
- Domestic fee paying students
| Year | Fee |
|---|---|
| 2020 | $4500 |
- International fee paying students
| Year | Fee |
|---|---|
| 2020 | $6000 |
Offerings, Dates and Class Summary Links
ANU utilises MyTimetable to enable students to view the timetable for their enrolled courses, browse, then self-allocate to small teaching activities / tutorials so they can better plan their time. Find out more on the Timetable webpage.
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 |
|---|---|---|---|---|---|---|
| 2467 | 24 Feb 2020 | 02 Mar 2020 | 08 May 2020 | 05 Jun 2020 | In Person | View |