ECW3150 - Natural resources and environment - 2017

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.

The learning goals associated with this unit are to:

1. analyse the problem of global resource scarcity within an international, national and regional context
2. understand how intermediate economic principles can be extended to address advanced and specialised problems of natural resources and environment
3. develop strong analytical and research skills within an economic framework
4. apply economic analysis to contemporary environmental and natural resource issues
5. use economic tools to assist decision making in the use of environmental and natural resources and to critically evaluate environmental and natural resources policy.

Within semester assessment: 40% + Examination: 60%

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

ECW1102, ECW2120 or ECW2731 or equivalent

ECG9150