Faculty of Business and Economics

Monash University

Postgraduate - Unit

This unit entry is for students who completed this unit in 2015 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.

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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.

FacultyFaculty of Business and Economics
Organisational UnitDepartment of Banking and Finance
OfferedCaulfield First semester 2015 (Evening)
Coordinator(s)Mr Gujji Muthuswamy


This unit provides an introduction to the business, regulatory and economic perspectives of climate change mitigation. It investigates how market and regulatory initiatives to mitigate greenhouse gas (GHG) emissions by carbon pricing mechanisms can be managed by liable businesses and other stakeholders, by examining the following:

  • climate change science
  • economic impacts of climate change
  • international initiatives to mitigate GHG emissions
  • investment in low-emissions technologies
  • carbon pricing regulatory regimes and market trading mechanisms
  • measurement of business carbon footprint
  • industry sector interactions with carbon markets and regulatory regimes
  • accounting issues arising from pricing GHG emissions.


The learning objectives associated with this unit are to:

  1. acquire an understanding of climate change mitigation with respect to political, environmental, regulatory and economic impacts on business in the Australian and global context
  2. acquire a working knowledge of the main market and regulatory mechanisms for mitigating GHG emissions
  3. evaluate the supply and demand side aspects of industries that are the principal GHG emitters and their capacity to mitigate such emissions
  4. assess the likely strategies that can be employed by businesses to comply with, and manage, carbon pricing obligations at least cost
  5. acquire practical research skills including the ability to work in groups of diverse cultural and social backgrounds and investigate academic, institutional and public media sources
  6. demonstrate the ability to evaluate, formulate, and articulate justifiable business strategies and tactics to address the impacts of market and regulatory changes arising from climate change in a summative assessment.


Within semester assessment: 50%
Examination: 50%

Workload requirements

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

See also Unit timetable information

Chief examiner(s)