ECON6018 - Environmental Economics

Semester 1, 2011  |  Credit Points: 6

Coordinator: Dilip Dutta
Phone: +61 2 9351 3062
Email: dilip.dutta@sydney.edu.au

Description

In this unit of study emphasis is exclusively concerned with market failures that impact on the natural environment. Attention is given to why these market failures occur and what role there is for regulation and government policy. Topics covered include efficiency and markets, market failure, externalities (e.g. pollution), various methods of regulating pollution, and measuring the demand for environmental quality.

Assessments

seminar paper and presentation (20%); mid-semester test (20%); final exam (60%).

Classes

1x 3hr seminar per week

Prerequisites

ECON5001 or ECON5002

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