Environmental and Resource Economics

The major in Environmental and Resource Economics provides a valuable analytical understanding of a wide range of natural resource management problems. This major also provides valuable quantitative skills for students interested in economic management of natural resource systems, environmental economics, fishery and forestry economics, ecosystems, conservation and sustainability.

Requirements

For the award of a major in Environmental and Resource Economics, students complete 24 credit points of core prerequisite units and 36 credit points in senior units:

(i) four junior prerequisite units of study (24 credit points), as follows:

(ii) three compulsory senior units of study (18 credit points), as follows:

  • ECOS2001 Intermediate Microeconomics; OR ECOS2901 Intermediate Microeconomics Honours*
  • AREC2003 Concepts in Environmental and Resource Economics
  • AREC2004 Benefit/Cost Analysis

(iii) a minimum of two senior elective units of study (12 credit points) selected from the following:

  • ECOS3013 Environmental Economics
  • AREC3003 Economics of Minerals and Energy Industries
  • AREC3004 Economics of Water and Bio Resources

(iv) one senior elective units of study (6 credit points) selected from the following:

  • AREC3001 Production Modeling and Management
  • ECOS3013 Environmental Economics
  • AREC3003 Economics of Minerals and Energy Industries
  • AREC3004 Economics of Water and Bio Resources
  • ECOS3002 Development Economics
  • ECOS3005 Industrial Organisation
  • ECOS3006 International Trade
  • ECMT2150 Intermediate Econometrics

* Where students are completing both an Economics and a Environmental and Resource Economics major, an additional senior elective (at ECOS2000 or ECOS3000 level) should be completed for one of the majors, as both majors require the compulsory unit ECOS2001/ECOS2901. Both majors must include at least 36 senior credit points without counting a senior unit i.e. ECOS2001/ECOS2901 towards two separate majors.