316-208 Economics of the Environment

Note

Students may not gain credit for both 316-208 Economics of the Environment and 316-324 Environmental Economics.

Availability

Not offered in 2007.

Credit Points

12.5

Coordinator

To be announced

Prerequisites

316-102 Introductory Microeconomics.

Semester

Not Offered (view timetable)

Contact

Three hours of lectures and tutorials per week

Subject Description

Topics include externalities and market failure; public goods; the economics of pollution, the optimal level of pollution, policy instruments including taxes, subsidies and marketable permits; pollution control in practice; and valuation methodologies and cost-benefit analysis.

Generic Skills

  • High level of development: oral communication; written communication; collaborative learning; problem solving; team work; application of theory to practice; critical thinking; evaluation of data and other information.

  • Moderate level of development: interpretation and analysis; synthesis of data and other information; accessing data and other information from a range of sources; receptiveness to alternative ideas.

  • Some level of development: statistical reasoning; use of computer software.

Assessment

One 2-hour end-of-semester examination (60%), assignments totalling approximately 3000 words (30%) and class participation (10%).



Status:                   Official 2007
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