Environmental Economics (ECON6018)

UNIT OF STUDY

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.

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Further unit of study information

Classes

1x3-hr seminar/week

Assessment

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

Faculty/department permission required?

No

Unit of study rules

Prerequisites and assumed knowledge

ECON5001 or ECON5002

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Non-award/non-degree study

If you wish to undertake one or more units of study (subjects) for your own interest but not towards a degree, you may enrol in single units as a non-award student.

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Cross-institutional study

If you are from another Australian tertiary institution you may be permitted to underake cross-institutional study in one or more units of study at the University of Sydney.

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