Resource Economics (RSEC2031)
UNIT OF STUDY
This unit builds on the unit Agricultural and Resource Economics. Particular concepts in economics are used to provide insights into efficient and sustainable resource management. The primary focus of this unit is analytical. Emphasis is placed on the importance of property rights structures, cost-effective regulations and dynamic considerations in managing natural resource stocks and environmental assets. Some material on economic valuation of environmental assets and benefit cost analysis is included.
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Further unit of study information
3x 1hr lectures/week, 1x1 hr tutorial/week commencing week 2.
1x 1hr mid semester exam (25%), 1x assignment (15%), 1 x 2 hr end of semester exam (60%)
Faculty/department permission required?
Unit of study rules
Study this unit outside a degree
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