- Class Number 4543
- Term Code 3130
- Class Info
- Unit Value 6 units
- Topic Online
- Mode of Delivery Online
- Prof David Stern
- Prof David Stern
- Class Dates
- Class Start Date 22/02/2021
- Class End Date 28/05/2021
- Census Date 31/03/2021
- Last Date to Enrol 01/03/2021
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.
Upon successful completion, students will have the knowledge and skills to:
- Have a detailed understanding of the discipline of environmental economics, including its key principles and methods.
- Be able to use economic techniques to analyse environmental problems and to assess environmental policies.
- Have developed research skills in the field of environmental economics.
The textbook is:
Perman, R, Ma, Y, Common, M, Maddison, D & McGilvray, J. 2011. Natural Resource and Environmental Economics, 4th edn, Addison Wesley.
The textbook is available at the Reserve desk at the ANU Library. The main text is available at the ANU Bookshop and there are also e-book options. Additional readings will be made available on Wattle.
Staff FeedbackStudents 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 FeedbackANU 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.
|Week/Session||Summary of Activities||Assessment|
|1||Week 1: Introduction to the course, environmental economics, and key environmental issues No tutorial this week.||Perman etal.: Chapter 1|
|2||Week 2: Economy and environment On-campus tutorial will be in a computer lab.||Perman et al.: Chapter 2|
|3||Week 3: Ethics, efficiency, and equity||Perman et al.: Chapter 3, Sections 4.1-4.7 11.1|
|4||Week 4: Economic analysis of environmental problems||Perman et al.: Sections 4.8-4.13, 5.1-5.6, 5.11-5.12|
|5||Week 5: Frameworks for environmental decision-making and evaluation||Perman et al.: Chapters 8, 11|
|6||Week 6: Valuation of the environment||Perman et al.: Chapter 12|
|7||Week 7: Types of environmental policy and criteria for evaluating them||Perman et al.: Sections 5.14, 6.1-6.3|
|8||Week 8: Decentralized policies and command and control||Perman et al.: Sections 4.10-4.13, 6.3|
|9||Week 9: Incentive-based policies||Perman et al.: Sections 5.13, 6.4, 6.6|
|10||Week 10: International environmental problems||Perman et al.: Chapter 9, Section 2.5|
|11||Week 11: Trade and the environment||Perman et al.: Chapter 10|
|12||Week 12: Irreversibility, risk, and uncertainty||Perman et al.: Chapters 7, 13|
Register for tutorial groups on Wattle.
|Assessment task||Value||Due Date||Return of assessment||Learning Outcomes|
|Quiz||20 %||01/04/2021||*||1, 2|
|Essay Topic||5 %||21/04/2021||28/04/2021||1, 2, 3|
|Essay||25 %||06/06/2021||02/07/2021||1, 2, 3|
|Final Exam||50 %||*||02/07/2021||1, 2|
* If the Due Date and Return of Assessment date are blank, see the Assessment Tab for specific Assessment Task details
PoliciesANU 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 RequirementsThe 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 AssessmentMarks 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
Learning Outcomes: 1, 2
Online quiz - possibly multiple choice - to test understanding of tutorial material to date.
Assessment Task 2
Learning Outcomes: 1, 2, 3
One page proposal of essay topic including 3 key references.
Assessment Task 3
Learning Outcomes: 1, 2, 3
2,500 word maximum. The details of the task and the assessment criteria will be available on Wattle.
Assessment Task 4
Learning Outcomes: 1, 2
In ANU Semester 1 final exam period. Online version of a traditional exam covering all course material and using Proctorio probably.
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Online SubmissionThe 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 SubmissionFor 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 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 RequirementsAccepted 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 PenaltiesExtensions 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.
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- ANU Health, safety & wellbeing for medical services, counselling, mental health and spiritual support
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- ANU Counselling Centre promotes, supports and enhances mental health and wellbeing within the University student community.
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Energy economics, environmental economics, economic growth, research assessment
Prof David Stern