On this page are the instructions
for tutorial exercises 6 to 10 which are due on
31/5/99 More information in
unit
outline Tutorial exercise 6 Energy, Minerals
and Water Task 1. Using the example(s)
of an energy resource(s) in Australia, show two instances of
market failure. What policies and incentive systems might be
but in place to correct market failure in each
case? 2. Show two examples of
market failure which discourage recycling. What could or
should be done to facilitate profitable recycling in each
case? 3. If all costs of
production and consumption for consumer durables were
internalised would there be a tendency to produce more or
less durable goods? Why? 4. Scenic lakes provide
benefits for tourists and locals when water is stored for
irrigation. How might these positive externalities be
incorporated into the market for water? Criteria
Tutorial
Exercise 7 1999 Fisheries Task The world's fish catch is
declining both in absolute terms and on a per capita basis.
Aquaculture/mariculture currently provides less than 10
percent of the volume of domestic fish production but 27
percent of its value. Production of species such as salmon
in cages in Tasmania is a profitable and growing industry.
Could
aquaculture/mariculture in Australia make a greater
contribution to our fisheries output? How might the
expansion of these industries be
encouraged? Criteria
Tutorial
Exercise 8 1999 Forestry Task Bans on the import of
tropical timber are likely to impact on both the economy and
environment in both Australia and the South-East Asian
countries which export such timber (Wills, 1997). An import
ban on timber imports from, say, Malaysia, might actually
increase, rather than decrease, environmental damage in
Malaysia and/or Australia. Why? Criteria
Tutorial Exercise 9
1999 Economic
Instruments As outlined in the
lecture there is now considerable interest in using economic
incentives in environmental management, both in Australia
and overseas. There is likely to be an expansion in the use
of so-called economic instruments in the near future in
areas as diverse as managing nature based tourism to the
management of a range of pollution externalities. • Definition
of environmental management issues
(2) • Selection of
economic instruments and explanation of their
application (6) • Quality of
presentation (2)
Tutorial Exercise 10
1999 Economic Instruments
&emdash; A Possible
Application Consider the question of
solid waste disposal in Lismore (or any other Australian
town or municipality). You have been given the task of
trying to more efficiently manage solid waste disposal,
bearing in mind that such disposal is costly to the Council
and to ratepayers, that the landfill site is rapidly
filling, and that Council wishes any solid waste disposal
system to be self funding. Criteria • Definition
of appropriate economic instruments
(4) • Workable
guidelines for their introduction (4) • Quality of
presentation (2) Go back to
Chris
McDowell's Homepage Go back to the
School
of Resource Science and
Management home
page
Tutorial exercise 7
Tutorial exercise 8
Tutorial exercise 9
Tutorial exercise 10
• Valid
interpretation of each question and reasoned answers
(8)
• Accuracy
of answers and use of economic concepts (4)
• Accuracy
of answers and use of economic concepts (4)
a. Identify two
environmental management issues in Australia where use
(or greater use) of economic instruments might lead to
improved management.
Task
1. What economic
instruments might you recommend to assist more efficient
solid waste management?
