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. Policy implications will be addressed with particular attention paid to analysing practical applications of the theories in different social, economic and political environments. A key assessment component will involve students undertaking a practical analysis of a resource or environmental policy of relevance to themselves or country of origin. 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.
- Prepare an analytical policy report that develops knowledge and practical implementation of relevant economic theory in understanding and addressing an environmental or natural resource issue.
- Demonstrate good inter-personal and communication skills through writing a policy report, giving a group presentation and contributing to critical discussion.