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Environmental Economics

RSEC4132

The unit provides theoretical and empirical background necessary for a resource economist to be able to successfully function when faced with various environmental problems. The unit investigates economic aspects of a range of environmental issues. The studied concepts are exemplified with environmental problems related to agriculture (soil salinity, algal blooms, overgrazing etc.) as well as with environmental problems typical to Australia. The guiding economic themes are: competing uses of the environment / externalities, market failure, the importance of property rights, optimal allocation of pollution abatement, and the processes for making choices relating to non-market goods. Some social issues with environmental impacts are studied through exploration of the problems of population size and distribution, economic growth, and environmental regulation.

Unit of study details

Unit of study level: Honours

Credit points: 6

Commencing semesters: 1, 2

Further unit of study information

Unit of study handbook: RSEC4132

Costs and scholarships information: Costs and Scholarships

Final dates to withdraw from units of study: Census Dates

Available for study abroad and exchange: Yes

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