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MAE322 - The Economics of the Environment

Unit details

Year2015 unit information
Enrolment modes:Trimester 1: Burwood (Melbourne), Warrnambool, Cloud (online)
Credit point(s):1
EFTSL value:0.125
Unit chair:

H Scarborough


Must have passed a unit in MAE101, MAE103, SLE103 or SQA101

Incompatible with: Nil
Contact hours:

Campus: 1 x 2 hour class, 1 x 1 hour seminar per week

Cloud (online): Learning experiences are via CloudDeakin


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**Fee rate - Domestic Students Fee rate - International students

* Rate for all CSP students, except for those who commenced Education and Nursing units pre 2010
** Rate for CSP students who commenced Education and Nursing units pre 2010
Please note: Unit fees listed do not apply to Deakin Prime students.

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