Monash University Handbook 2010 Postgraduate - Unit

Synopsis

Application of microeconomic theory to environmental problems; the relationship between economy and the environment; sustainable development; national accounting and the environment. Limitations of market and government coordination of natural resourse use. Valuation of unpriced environmental goods and cost-benefit analysis of evironmental changes. Policy options for solid wastes and recycling, local and global pollution problems, protection of biodiversity, management of stocks of fish and other 'commons' resources.

Assessment

Written assignment (1250 words): 25%
Essay (2000 words): 30%
Take-home examination (2500 words): 45%

Chief examiner(s)

Lata Gangadharan

Contact hours

3 hour lecture per week