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Unit of study_

Economics of Water and Bio-Resources - AREC3004

Year - 2018

This unit develops knowledge and skills in natural resource economics built on previously gained economics training. The economics of dynamic natural systems is studied through application of advanced modelling approaches. Particular emphasis is given to the economic mechanisms for managing water and biological resources including property rights, water allocation and water markets. Key policy instruments (taxes, quotas, standards) are analysed. Institutional and policy aspects will also be considered via analysis of water policy reform in Australia and elsewhere.

1x2hr lecture/week, 1x1hr tutorial/week

1x50min Mid-semester Test (35%), 1x2hr Final Exam (50%), 3x500wd Tutorial Reports (15%)


AREC2003 or RSEC2031 or ECOS2001 or ECOS2901


Faculty: Arts and Social Sciences

Semester 2

30 Jul 2018

Department/School: Economics
Study Mode: Normal (lecture/lab/tutorial) day
Census Date: 31 Aug 2018
Unit of study level: Senior
Credit points: 6.0
EFTSL: 0.125
Available for study abroad and exchange: Yes
Faculty/department permission required? No
Courses that offer this unit

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

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