Postgraduate Coursework Units of Study

ECON6018 - Environmental Economics

Semester 1, 2013  |  Credit Points: 6

Coordinator: Dilip Dutta

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 & presentation (20%) and mid-semester test (20%) and 2hr final exam (60%)

Classes

1x3-hr seminar/week

Prerequisites

ECON5001 or ECON5002

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