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MAE305 - Energy and Environment

Year:

2020 unit information

Important Update:

Classes and seminars in Trimester 2, 2020 will be online.

Last updated: 2 June 2020

Enrolment modes:Trimester 1: Burwood (Melbourne), Online
Trimester 2: Online
Credit point(s):1
EFTSL value:0.125
Unit Chair:Trimester 1: Shuddha Rafiq
Trimester 2: Mokhtarul Wadud
Prerequisite:

MAE101

Corequisite:Nil
Incompatible with: Nil
Typical study commitment:

Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit.

Scheduled learning activities - campus:

1 x 2 hour class, 1 x 1 hour lab per week

Scheduled learning activities - cloud:

Online independent and collaborative learning activities including 3 scheduled online seminars

Content

This unit begins by addressing the issues associated with future energy demand, supply, and prices.  For example, how OPEC members determine production quota for themselves? How peak and off-peak electricity prices are determined? What are the consequences of fossil fuel consumption and challenges for renewable industries? The unit then progresses to look more generally at the use of resources as economies develop, by addressing questions such as: How market internalize the externalities? Is our resource use sustainable? What impact does resource use have on future generations?

 

These are the Learning Outcomes (ULO) for this Unit
At the completion of this Unit, successful students can:

 Deakin Graduate Learning Outcomes

ULO1

Explain global energy markets.

 GLO1: Discipline-specific knowledge and capabilities
GLO4: Critical thinking
GLO5: Problem solving
GLO8: Global citizenship

ULO2

Interpret the economic framework for managing natural resources in development process.

 GLO1: Discipline-specific knowledge and capabilities
GLO4: Critical thinking
GLO5: Problem solving

ULO3

Apply applied economic tools to the analysis of energy market issues and environmental problems in development context.

 GLO2: Communication
GLO4: Critical thinking
GLO5: Problem solving

ULO4

Explore a complex problem of forecasting come up with alternative models for solving it and justify the model selection

 GLO1: Discipline-specific knowledge and capabilities
GLO2: Communication
GLO4: Critical thinking
GLO5: Problem solving
GLO8: Global citizenship

 

These Unit Learning Outcomes are applicable for all teaching periods throughout the year

Assessment

Assessment Description Student output Grading and weighting
(% total mark for unit)		 Indicative due week 
Assessment 1: (Individual) - Written assignment 1,500 words 30% Week 8
Assessment 2: (Groups of 3) - Oral presentation   20% During Tutorials
Examination 2-hours 50% Exam period

The assessment due weeks provided may change. The Unit Chair will clarify the exact assessment requirements, including the due date, at the start of the teaching period.

Hurdle requirement

Hurdle requirement: achieve at least 50% of the marks available on the examination

Learning Resource

The texts and reading list for the unit can be found on the University Library via the link below: MAE305 Note: Select the relevant trimester reading list. Please note that a future teaching period's reading list may not be available until a month prior to the start of that teaching period so you may wish to use the relevant trimester's prior year reading list as a guide only.

Unit Fee Information

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