The unit builds on previously acquired economics training and develops advanced understanding of the economics of minerals exploration, extraction and marketing and the economics of energy generation, distribution and use. The implications of mineral extraction and energy generation activities for natural resources and the environment are explored. The unit will foster in-depth knowledge of the markets for minerals and energy, their industry structure and business environment, including the role of markets for derivatives on minerals and energy commodities.
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