School: Business and Law

This unit information may be updated and amended immediately prior to semester. To ensure you have the correct outline, please check it again at the beginning of semester.

  • Unit Title

    Environmental Economics
  • Unit Code

    ECF3603
  • Year

    2017
  • Enrolment Period

    1
  • Version

    2
  • Credit Points

    15
  • Full Year Unit

    N
  • Mode of Delivery

    On Campus
  • Unit Coordinator

    Dr Jaime Li YONG

Description

Clearly, the environmental resources that sustain our economic system today are the same ones that will support future generations - the environment cannot be viewed as an entity separate from the economy. This unit develops the key concepts and techniques that allow graduates to take an active voice in promoting the principles of sustainability from an economic perspective - that is, how to best allocate scarce resources to ensure a sustainable outcome. Students learn that economic objectives do not necessarily conflict with environmental goals and that markets can be used to improve the quality of the environment. The unit also discusses the limitations of economic analysis in providing policy guidance on environmental issues.

Learning Outcomes

On completion of this unit students should be able to:

  1. Appreciate the implications of economic analysis of the environment for promoting and achieving sustainability.
  2. Demonstrate economic literacy by communicating effectively using economic concepts and techniques.
  3. Employ economic theory and techniques in the analysis of environmental issues.
  4. Evaluate economic policies for their potential in dealing with environmental problems.
  5. Explain how the economy and environment are related.

Unit Content

  1. Concepts and techniques for analysing and evaluating environmental issues.
  2. Environmental resources, markets and market failure.
  3. Introduction - the relationship between the economy and the environment.
  4. Policy responses to environmental issues.
  5. The economics of environmental issues.
  6. The economics of renewable and depletable resources.

Additional Learning Experience Information

On campus students have either a weekly two hour lecture and a one hour tutorial, or a single three hour seminar. Lecturing staff will introduce the central concepts and techniques of the unit and techniques learned in the unit. Learning activities provide opportunities for students to develop, practice and receive feedback about the concepts and techniques and graduate attributes they are asked to demonstrate in the formal assessments. On campus students will be supported by teaching and learning materials located on the ECU Blackboard website. Off-campus students will access teaching and learning materials via Blackboard, and electronic communication with the instructor and other students.

Assessment

GS1 GRADING SCHEMA 1 Used for standard coursework units

Students please note: The marks and grades received by students on assessments may be subject to further moderation. All marks and grades are to be considered provisional until endorsed by the relevant Board of Examiners.

ON CAMPUS
TypeDescriptionValue
TestTests25%
AssignmentCase study/extended project25%
ExaminationExamination50%

Core Reading(s)

  • Jaeger, W. K. (2005). Environmental economics for tree huggers and other skeptics. Washington, D.C.: Island Press.

Disability Standards for Education (Commonwealth 2005)

For the purposes of considering a request for Reasonable Adjustments under the Disability Standards for Education (Commonwealth 2005), inherent requirements for this subject are articulated in the Unit Description, Learning Outcomes and Assessment Requirements of this entry. The University is dedicated to provide support to those with special requirements. Further details on the support for students with disabilities or medical conditions can be found at the Access and Inclusion website.

Academic Misconduct

Edith Cowan University has firm rules governing academic misconduct and there are substantial penalties that can be applied to students who are found in breach of these rules. Academic misconduct includes, but is not limited to:

  • plagiarism;
  • unauthorised collaboration;
  • cheating in examinations;
  • theft of other students' work;

Additionally, any material submitted for assessment purposes must be work that has not been submitted previously, by any person, for any other unit at ECU or elsewhere.

The ECU rules and policies governing all academic activities, including misconduct, can be accessed through the ECU website.

ECF3603|2|1

School: Business and Law

This unit information may be updated and amended immediately prior to semester. To ensure you have the correct outline, please check it again at the beginning of semester.

  • Unit Title

    Environmental Economics
  • Unit Code

    ECF3603
  • Year

    2017
  • Enrolment Period

    2
  • Version

    2
  • Credit Points

    15
  • Full Year Unit

    N
  • Mode of Delivery

    On Campus
  • Unit Coordinator

    Dr Jaime Li YONG

Description

Clearly, the environmental resources that sustain our economic system today are the same ones that will support future generations - the environment cannot be viewed as an entity separate from the economy. This unit develops the key concepts and techniques that allow graduates to take an active voice in promoting the principles of sustainability from an economic perspective - that is, how to best allocate scarce resources to ensure a sustainable outcome. Students learn that economic objectives do not necessarily conflict with environmental goals and that markets can be used to improve the quality of the environment. The unit also discusses the limitations of economic analysis in providing policy guidance on environmental issues.

Learning Outcomes

On completion of this unit students should be able to:

  1. Appreciate the implications of economic analysis of the environment for promoting and achieving sustainability.
  2. Demonstrate economic literacy by communicating effectively using economic concepts and techniques.
  3. Employ economic theory and techniques in the analysis of environmental issues.
  4. Evaluate economic policies for their potential in dealing with environmental problems.
  5. Explain how the economy and environment are related.

Unit Content

  1. Concepts and techniques for analysing and evaluating environmental issues.
  2. Environmental resources, markets and market failure.
  3. Introduction - the relationship between the economy and the environment.
  4. Policy responses to environmental issues.
  5. The economics of environmental issues.
  6. The economics of renewable and depletable resources.

Additional Learning Experience Information

On campus students have either a weekly two hour lecture and a one hour tutorial, or a single three hour seminar. Lecturing staff will introduce the central concepts and techniques of the unit and techniques learned in the unit. Learning activities provide opportunities for students to develop, practice and receive feedback about the concepts and techniques and graduate attributes they are asked to demonstrate in the formal assessments. On campus students will be supported by teaching and learning materials located on the ECU Blackboard website. Off-campus students will access teaching and learning materials via Blackboard, and electronic communication with the instructor and other students.

Assessment

GS1 GRADING SCHEMA 1 Used for standard coursework units

Students please note: The marks and grades received by students on assessments may be subject to further moderation. All marks and grades are to be considered provisional until endorsed by the relevant Board of Examiners.

ON CAMPUS
TypeDescriptionValue
TestTests25%
AssignmentCase study/extended project25%
ExaminationExamination50%

Disability Standards for Education (Commonwealth 2005)

For the purposes of considering a request for Reasonable Adjustments under the Disability Standards for Education (Commonwealth 2005), inherent requirements for this subject are articulated in the Unit Description, Learning Outcomes and Assessment Requirements of this entry. The University is dedicated to provide support to those with special requirements. Further details on the support for students with disabilities or medical conditions can be found at the Access and Inclusion website.

Academic Misconduct

Edith Cowan University has firm rules governing academic misconduct and there are substantial penalties that can be applied to students who are found in breach of these rules. Academic misconduct includes, but is not limited to:

  • plagiarism;
  • unauthorised collaboration;
  • cheating in examinations;
  • theft of other students' work;

Additionally, any material submitted for assessment purposes must be work that has not been submitted previously, by any person, for any other unit at ECU or elsewhere.

The ECU rules and policies governing all academic activities, including misconduct, can be accessed through the ECU website.

ECF3603|2|2