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|Offered at:||(B, online, W, X)|
|Coordinator:||M McKenzie (B), H Scarborough (W, online, X)|
Must have passed a unit in MAE101, SQA101 or SLE103
|Contact hours:||1 x 2 hour lecture, 1 x 1 hour tutorial per week|
|Note: Online teaching methods require internet access. Please refer to the most current computer specifications.|
This unit introduces the use of economic tools to evaluate environmental issues. It is designed to develop in students an awareness of the socio-economic issues relevant to natural resource management. Topics include: the relationship between the economy and the environment; market failure and environmental problems; an introduction to Benefit Cost Analysis as a decision making tool; discussion of methods of valuation of environmental goods and services; the allocation of renewable resources (catchments and agriculture); the allocation of common property resources (fisheries) and the economics of biodiversity.
Written Assignment 1 1000 words 15%, Written Assignment 2 1500 words 25%, Examination 2 hours 60%, Hurdle requirement: achieve at least 50% of the marks available on the examination.
Unit Fee Information
|Student Contribution Rate*||Student Contribution Rate**||Student Contribution Rate***||Fee rate - Domestic Students||Fee rate - International students|
* Student contribution rate for Commonwealth Supported students who commenced studies from 2010
** Student contribution rate for Commonwealth Supported students who commenced studies from 2009
*** Student contribution rate for Commonwealth Supported students who commenced studies from 2008
Please note: Unit fees listed do not apply to Deakin Prime students.