units

ECG3145

Faculty of Business and Economics

Monash University

Undergraduate - Unit

This unit entry is for students who completed this unit in 2014 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

print version

6 points, SCA Band 3, 0.125 EFTSL

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered, or view unit timetables.

LevelUndergraduate
FacultyFaculty of Business and Economics
Organisational UnitDepartment of Economics
OfferedGippsland First semester 2014 (Off-campus)
Coordinator(s)Miss Svetlana Maslyuk

Synopsis

This unit deals with economic and policy issues related to energy, natural resources and sustainable development. Topics covered include theoretical and practical issues relating to energy and natural resource demand, supply and pricing, and the sustainable development framework. It will also consider different energy sources such as renewable energy and increasing energy efficiency of existing resources. The unit will address a wide range of policies dealing with energy and environmental problems in a national and international context.

Outcomes

The learning goals associated with this unit are to:

  1. develop strong analytical and research skills within an economic context
  2. apply tools of economic analysis to a wide range of issues relating to energy and natural resource markets
  3. acquire knowledge on the workings of different energy markets (coal, electricity, crude oil, solar and others) from an economic perspective
  4. explain the role of energy, renewable and non-renewable natural resources in achieving sustainable development
  5. critically evaluate current issues and alternative policy options dealing with environmental problems in Australia and other countries.

Assessment

Within semester assessment: 40%
Examination: 60%

Chief examiner(s)

Workload requirements

3 hours per week

Prerequisites