• Offered by Fenner School of Environment and Society
  • ANU College ANU Joint Colleges of Science
  • Course subject Environmental Science
  • Areas of interest Forestry, Geography, Interdisciplinary Studies - Sustainability, Environmental Studies, Human Sciences More...
  • Academic career UGRD
  • Course convener
    • Dr Craig Strong
  • Mode of delivery In Person
  • Co-taught Course
  • Offered in First Semester 2021
    See Future Offerings

The course “Economics for the Environment’ 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:

  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
  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

If you do not meet the requisites for this course, it may be possible to receive a permission code. If you are prompted for a permission code on ISIS, please request one online via the following form

Indicative Assessment

  1. Participation in group work within the weekly lecture (weeks 2 to 11) (5) [LO 1,3]
  2. An oral presentation in tutorials based on a written paper (10) [LO 1,2,3]
  3. Take-home test (15) [LO 1,2,3]
  4. A mid semester test (closed book) (20) [LO 1,2,3]
  5. A final examination (closed book) (50) [LO 1,2,3]

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

The expected workload will consist of approximately 130 hours throughout the semester including:

  • Face-to face component which may consist of 1 x 3 hour lecture per week plus 1 x 1 hour tutorial per week commencing week 2.
  • Approximately 83 hours of self-study which will include preparation for lectures, presentations and other assessment tasks.


Students are expected to actively participate and contribute towards activities and discussions in both lectures and tutorials.

Inherent Requirements

To be determined.

Requisite and Incompatibility

To enrol in this course you must have completed 48 units towards a degree.

Prescribed Texts

Harris, Jonathan M. and Brian Roach (2018). Environmental and Natural Resource Economics: A Contemporary Approach, 4th edn. Routledge.

Preliminary Reading

Tietenberg, Thomas H. and Lynne Lewis (2018). Environmental and Natural Resource Economics, 11th edn. Routledge

Areas of Interest

  • Forestry
  • Geography
  • Interdisciplinary Studies - Sustainability
  • Environmental Studies
  • Human Sciences
  • Economics

Minors

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:
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
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
3413 22 Feb 2021 01 Mar 2021 31 Mar 2021 28 May 2021 In Person N/A

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