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

Classes

3x 1hr lectures/week, 1x1 hr tutorial/week commencing week 2.

Assessment

1x 1hr mid semester exam (25%), 1x assignment (15%), 1 x 2 hr end of semester exam (60%)

Faculty/department permission required?

No

Unit of study rules

Prohibitions

RSEC1031, AGEC1031

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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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