316-324 Environmental Economics

Credit Points

12.5

HECS Band

2

Coordinator

Dr L Gangadharan

Prerequisites

316-201 Intermediate Macroeconomics and 316-202 Intermediate Microeconomics.

Semester

2 (view timetable)

Contact

Three hours of lectures/seminars

Subject Description

Environmental issues will be addressed with the aid of economic theory. Topics include sustainability of economies; pollution as an externality; approaches to dealing with pollution in different countries; methods of valuing the environment and environmental damage; effect on future generations; the use and depletion of renewable and non-renewable natural resources; and the environment and economic development.

Assessment

A 2-hour end-of-semester examination (60%), an essay of approximately 3000 words (30%) and in-class assessment (in the form of seminar presentation and class participation) (10%).

Prescribed Texts

  • J Kahn, The Economic Approach to Environmental and Natural Resources. Harcourt Brace Publisher, 2nd edn, 1998.


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