Course overview
This course studies the application of economic analysis to the management of the environmental and natural resources. We will consider the role of economic theory in understanding and solving environmental and resource problems and discuss empirical examinations of the theory. Domestic and international policy implications will be addressed. A key assessment component will involve students undertaking a significant policy project regarding a topical resource or environmental issue. Topics that may be covered include: air and water pollution, sustainability, plastic bags, household energy use, renewable and non-renewable resource management (fisheries, forests, and minerals), and the impact of trade.
Course learning outcomes
- Apply economic analysis to the management of the environment and natural resources.
- Analyse theoretical and empirical research in environmental and natural resource economics.
- Explain how relevant economic theory and empirical applications can be used to address contemporary environmental and natural resource issues.
- Demonstrate good inter-personal and communication skills through giving group presentations, policy communication, and contributing to critical discussion.