| Offered By: |
School of Economics |
| Academic Career: |
Graduate Coursework |
| Course Subject: |
Economics |
| Offered in: |
First Semester, 2009 |
| Unit Value: |
6 units |
| Course Description: |
This course deals with the exploitation of exhaustible, renewable and environmental resources and the public policy issues that arise in seeking their efficient use. It examines the effects of different market and mineral leasing arrangements and of alternative taxation regimes on the efficient exploitation of mineral and energy resources. It also examines problems of environmental degradation and natural area conservation, with a focus on alternative policy tools and evaluation procedures available to governments to moderate pollution and other forms of environmental damage. |
| Learning Outcomes: |
Students learn the economics of exhaustible, renewable, and environmental resources and the public policy issues that arise in seeking their efficient use. By the end of the course, students will be able to appreciate: (1) the importance of ill-defined property rights in the market allocation of these resources and (2) comparing costs and benefits across different periods of time in determining their optimal use. |
| Indicative Assessment: |
A mid-semester examination, a small in-class test and a three-hour final examination. |
| Workload: |
12 hours per week |
| Course Classification(s): |
|
| Areas of Interest: |
Economics |
| Eligibility: |
At least an average of 65% (or equivalent) in the final two years of an Australian undergraduate degree with introductory level courses in Economics, Statistics and Econometrics |
| Requisite Statement: |
Please discuss your enrolment with the convenor of the relevant programme. |
| Prescribed Texts: |
See Course Website: http://ecocomm.anu.edu.au/courses/course.asp?code=ECON8040 |
| Preliminary Reading: |
See Course Website: http://ecocomm.anu.edu.au/courses/course.asp?code=ECON8040 |
| Indicative Reading List: |
See Course Website: http://ecocomm.anu.edu.au/courses/course.asp?code=ECON8040 |
| Programs: |
Graduate Diploma in Applied Economics, Graduate Diploma in Economic Policy, Graduate Diploma in International Trade and Economic Relations, Master of Applied Economics, Master of Business, Master of Commerce, Master of Economic Policy, Master of Economics of Development, Master of Economics, and Master of Climate Change |
| Other Information: |
For further information please refer to http://ecocomm.anu.edu.au/courses/course.asp?code=ECON8040 |
| Academic Contact: |
See http://ecocomm.anu.edu.au/courses/course.asp?code=ECON8040 |
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