2020 unit offering information will be available in September 2019
Explores the nature of economics as relevant to sustainable development. This involves learning from the trappings of historical economic paradigms and engaging with economic instruments/methods as a way of managing and preventing environmental degradation. This unit engages with topical issues such as population, climate change and water scarcity to apply economic rationale to your understanding of these issues using interactive tutorial workshops as a learning tool.
- Introduction to economics: what is it and why it matters for sustainable development
- Broadening our economic perspective: exploring the evolution of ecological economics
- Market systems, supply, demand and the implications of market failure
- Ecosystem goods and services
- Valuing the environment: an overview of the techniques and theories
- Environmental accounting
- Changing behaviour: using economic instruments in environmental management
- Economic growth and human development: meeting the sustainable development goals
- Natural resources: trade-offs, ethics and property rights
- The economics of water resources management
Unit Learning Outcomes express learning achievement in terms of what a student should know, understand and be able to do on completion of a unit. These outcomes are aligned with the graduate attributes. The unit learning outcomes and graduate attributes are also the basis of evaluating prior learning.
Learning outcomes and graduate attributes
|On completion of this unit, students should be able to:||GA1||GA2||GA3||GA4||GA5||GA6||GA7|
|1||demonstrate understanding of the nature of the economic problem of scarcity and the implications this will have for resource allocation||Intellectual rigour||Knowledge of a discipline|
|2||analyse the relationship between economic activity and the natural environment and the implications for sustainable development||Ethical practice||Knowledge of a discipline|
|3||critically appreciate the difference between environmental economics and ecological economics, and the implications of this difference||Intellectual rigour||Ethical practice|
|4||demonstrate presentation and discussion skills as relevant to environmental consulting and research||Intellectual rigour||Ethical practice||Knowledge of a discipline|
|5||demonstrate understanding of a range of natural resource issues of topical relevance.||Intellectual rigour||Ethical practice||Knowledge of a discipline|
- Asafu-Adjaye, J, 2005, Environmental Economics for Non-Economists. ISBN: 981-256-123-4.
Teaching and assessment
Commonwealth Supported courses
For information regarding Student Contribution Amounts please visit the Student Contribution Amounts.
Commencing 2020 Commonwealth Supported only. Student contribution band: 2
Please check the international course and fee list to determine the relevant fees.