PRINCIPLES OF ENVIRONMENTAL & RESOURCE ECONOMICS
ECO2ERE
2016
Credit points: 15
Subject outline
In this unit students will explore the basic relationships between the economy and the environment and learn how to tackle environmental and natural resource degradation issues using economic principles and methods. In particular, students will examine the theoretical framework for the optimal management of natural resources and environmental quality, various analytical tools including benefit-cost analysis and different policy approaches such as command-and-control and incentive-based strategies to address environmental externalities.
School: La Trobe Business School
Credit points: 15
Subject Co-ordinator: David Walker
Available to Study Abroad Students: Yes
Subject year level: Year Level 2 - UG
Exchange Students: Yes
Subject particulars
Subject rules
Prerequisites: N/A
Co-requisites: N/A
Incompatible subjects: N/A
Equivalent subjects: N/A
Special conditions: N/A
Learning resources
Readings
| Resource Type | Title | Resource Requirement | Author and Year | Publisher |
|---|---|---|---|---|
| Readings | All reading materials are provided online | Prescribed | All materials are provided online | ALL READING MATERIALS ARE PROVIDED ONLINE |
Graduate capabilities & intended learning outcomes
01. describe basic linkages between the economy and the environment and the economic decision-making framework
- Activities:
- Seminar In-Class exercises
- Related graduate capabilities and elements:
- Critical Thinking(Critical Thinking)
02. describe environmental valuation techniques and analyse environmental problems using cost-benefit principles;
- Activities:
- This capability will be developed through a valuation project
- Related graduate capabilities and elements:
- Creative Problem-solving(Creative Problem-solving)
03. explain how lack of well-defined property rights, externalities and market failures contribute to environmental problems;
- Activities:
- Seminar In-Class exercises
- Related graduate capabilities and elements:
- Critical Thinking(Critical Thinking)
04. describe the principles of optimal allocation of resources over time;
- Activities:
- Seminar In-Class exercises
- Related graduate capabilities and elements:
- Inquiry/ Research(Inquiry/ Research)
05. evaluate various policy instruments for efficient management of environmental and natural resources.
- Activities:
- Seminar Valuation Project
- Related graduate capabilities and elements:
- Creative Problem-solving(Creative Problem-solving)
- Inquiry/ Research(Inquiry/ Research)
Albury-Wodonga, 2016, Semester 2, Online
Overview
Online enrolment: Yes
Maximum enrolment size: N/A
Enrolment information:
Subject Instance Co-ordinator: David Walker
Class requirements
LectureWeek: 31 - 43
One 2.0 hours lecture per week on any day including weekend during the day from week 31 to week 43 and delivered via online.
"Delivered via LMS"
TutorialWeek: 31 - 43
One 1.0 hours tutorial per week on any day including weekend during the day from week 31 to week 43 and delivered via online.
"Delivered via LMS"
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| one 1500-word report | 20 | 02, 05 | |
| one one-hour mid-semester test | 20 | 01, 02, 03, 04, 05 | |
| one two-hour final examination | 60 | 01, 02, 03, 04 |
Bendigo, 2016, Semester 2, Online
Overview
Online enrolment: Yes
Maximum enrolment size: N/A
Enrolment information:
Subject Instance Co-ordinator: David Walker
Class requirements
LectureWeek: 31 - 43
One 2.0 hours lecture per week on any day including weekend during the day from week 31 to week 43 and delivered via online.
"Delivered via LMS"
TutorialWeek: 31 - 43
One 1.0 hours tutorial per week on any day including weekend during the day from week 31 to week 43 and delivered via online.
"Delivered via LMS"
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| one 1500-word report | 20 | 02, 05 | |
| one one-hour mid-semester test | 20 | 01, 02, 03, 04, 05 | |
| one two-hour final examination | 60 | 01, 02, 03, 04 |
Melbourne, 2016, Semester 2, Online
Overview
Online enrolment: Yes
Maximum enrolment size: N/A
Enrolment information:
Subject Instance Co-ordinator: David Walker
Class requirements
LectureWeek: 31 - 43
One 2.0 hours lecture per week on any day including weekend during the day from week 31 to week 43 and delivered via online.
"Delivered via LMS"
TutorialWeek: 31 - 43
One 1.0 hours tutorial per week on any day including weekend during the day from week 31 to week 43 and delivered via online.
"Delivered via LMS"
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| one 1500-word report | 20 | 02, 05 | |
| one one-hour mid-semester test | 20 | 01, 02, 03, 04, 05 | |
| one two-hour final examination | 60 | 01, 02, 03, 04 |
Mildura, 2016, Semester 2, Online
Overview
Online enrolment: Yes
Maximum enrolment size: N/A
Enrolment information:
Subject Instance Co-ordinator: David Walker
Class requirements
LectureWeek: 31 - 43
One 2.0 hours lecture per week on any day including weekend during the day from week 31 to week 43 and delivered via online.
"Delivered via LMS"
TutorialWeek: 31 - 43
One 1.0 hours tutorial per week on any day including weekend during the day from week 31 to week 43 and delivered via online.
"Delivered via LMS"
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| one 1500-word report | 20 | 02, 05 | |
| one one-hour mid-semester test | 20 | 01, 02, 03, 04, 05 | |
| one two-hour final examination | 60 | 01, 02, 03, 04 |
Shepparton, 2016, Semester 2, Online
Overview
Online enrolment: Yes
Maximum enrolment size: N/A
Enrolment information:
Subject Instance Co-ordinator: David Walker
Class requirements
LectureWeek: 31 - 43
One 2.0 hours lecture per week on any day including weekend during the day from week 31 to week 43 and delivered via online.
"Delivered via LMS"
TutorialWeek: 31 - 43
One 1.0 hours tutorial per week on any day including weekend during the day from week 31 to week 43 and delivered via online.
"Delivered via LMS"
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| one 1500-word report | 20 | 02, 05 | |
| one one-hour mid-semester test | 20 | 01, 02, 03, 04, 05 | |
| one two-hour final examination | 60 | 01, 02, 03, 04 |