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Natural resources and environment (6 points)


Leader: To be advised

Not offered in 2003.

Synopsis: Economic systems and environmental problems. Suitability of the market system to deal with environmental problems. The need for government intervention. Microeconomic principles and decision making in the management of privately and publicly owned renewable and non-renewable natural resources. International, national and regional policies addressing natural resources and environment.

Assessment: Essay (2000 words): 40% + Case study (4000 words): 60%

Prerequisites: ECG9102, ECG9120

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