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Unit of study_

AREC3003: Econ of Minerals and Energy Industries

2023 unit information

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.

Unit details and rules

Managing faculty or University school:

Arts and Social Sciences

Study level Undergraduate
Academic unit Economics
Credit points 6
Prerequisites:
? 
AREC2003 or RSEC2031 or ECOS2001 or ECOS2901
Corequisites:
? 
None
Prohibitions:
? 
None
Assumed knowledge:
? 
None

At the completion of this unit, you should be able to:

  • LO1. Apply and refine main economic theoretical concepts in formulation of problems related to non-renewable resource use
  • LO2. Conceptualise the relationship between economics and the environment with regards to the use of minerals, and generation and consumption of energy
  • LO3. Demonstrate ability to conduct a meaningful empirical economic analysis of minerals and energy related topics
  • LO4. Demonstrate knowledge of the business environment, industry structures and commodity and financial markets related to the minerals and energy industries
  • LO5. Demonstrate ablity to provide sound economic policy advice on minerals and energy issues

Unit availability

This section lists the session, attendance modes and locations the unit is available in. There is a unit outline for each of the unit availabilities, which gives you information about the unit including assessment details and a schedule of weekly activities.

The outline is published 2 weeks before the first day of teaching. You can look at previous outlines for a guide to the details of a unit.

There are no availabilities for this year.
Session MoA ?  Location Outline ? 
Semester 1 2020
Normal day Camperdown/Darlington, Sydney
Semester 1 2022
Normal day Camperdown/Darlington, Sydney
Semester 1 2022
Normal day Remote
Semester 1 2023
Normal day Camperdown/Darlington, Sydney
Semester 1 2023
Normal day Remote

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Modes of attendance (MoA)

This refers to the Mode of attendance (MoA) for the unit as it appears when you’re selecting your units in Sydney Student. Find more information about modes of attendance on our website.