coursemapLoading course
Fenner School of Environment and Society · ANU College of Systems and Society
The course “Economics for the Environment’ begins with an explanation of what economics is. In this explanation, a role for economics in the consideration of environmental matters is established. The potential for markets to solve environmental problems is explored and this is accompanied by an analysis of government, or ‘command and control’ mechanisms for dealing with environmental issues. Throughout the course economic principles and techniques are set out. These include opportunity cost, demand, transaction costs, property rights and benefit cost analysis. This course also provides the basic skills for further studies in environmental and resource economics.
Tutorial exercises
Learning outcomes 1, 2
Online weekly quiz
Learning outcomes 1, 2
Mid semester exam
Learning outcomes 1, 2, 3
Economic policy case study
Learning outcomes 1, 2, 3
The expected workload will consist of approximately 130 hours throughout the semester including: - Face-to face component which may consist of 1 x 2 hour lectorial per week plus 1 x 1 hour tutorial per week commencing week 2. - Approximately 94 hours of self directed study which will include preparation for lectures, presentations and other assessment tasks. Students are expected to actively participate and contribute towards activities and discussions in both lectorials and tutorials.
N/A Preliminary Reading Cato, Molly Scott (2009), Green Economics: An Introduction to Theory, Policy and Practice, London: Earthscan. Cato, Molly Scott (2021), *Economy and Environment**,* 2nd edn, Abingdon: Routledge. Raworth, Kate (2017), Doughnut Economics: Seven Ways to Think like a 21st-century Economist, London: Penguin. Harris, Jonathan M. and Brian Roach (2018). Environmental and Natural Resource Economics: A Contemporary Approach, 4th edn. Routledge. Tietenberg, Thomas H. and Lynne Lewis (2018). Environmental and Natural Resource Economics, 11th edn. Routledge