Ecosystem Services
UndergraduateTAS-BEA1032024
Course information for 2024 intake View information for 2025 course intake
Enrolments for this course are closed, but you may have other options to start studying now. Book a consultation to learn more.
- Study method
- 100% online
- Assessments
- 100% online
- Entry requirements
- No ATAR needed, No prior study
- Duration
- 14 weeks
- Loan available
- HECS-HELP and FEE-HELP available
Ecosystem Services
About this subject
Upon completion of this subject, the student should be able to:
- Use economic concepts to describe natural capital and ecosystem services.
- Assess market and nonmarket valuation of ecosystem services as well as the methods for computing values.
- Analyse environmental and resource problems as failures of the economic system to properly coordinate people's incentives and actions.
- Effectively communicate economic arguments supported with appropriate evidence.
- What are Ecosystem Services?
- Introducing Supply and Demand; Marginal Benefits; Marginal Costs of Abatement
- Common International Classification of Ecosystem Services (CICES)
- Public Goods; Externalities
- Understanding Values
- Combining Economic Concepts and Ecosystem Services
- Natural Capital Accounting
- Natural Capital Accounting - Australian examples
- Voluntary Action; Command and control; Property rights
- Price-based Market Instruments
- Quantity-based Market-based instruments
- Bringing the pieces together: ES services applied to a problem
- Finalising Group Report
This subject introduces students to the idea of ecosystem services by exploring the benefits that nature provides for people. Whether these benefits are traded in markets or occur in non-market settings, the ecosystem service framework is key to sustainable management of resources into the future. Students will analyse the use of economic tools to manage key ecosystem services such as the provision of water in a dry country, air and water quality, food, fibre or habitat provision for native flora and fauna in landscapes.
- Proposal Presentation (15%)
- Component of the Ecosystem Services Assessment Group Report (25%)
- Project Proposal - Updated Workplan (5%)
- Presentation on Market Based Instruments (20%)
- Ecosystem Service Assessment Group Report (35%)
For textbook details check your university's handbook, website or learning management system (LMS).
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Entry requirements
No entry requirements
Study load
- 0.125 EFTSL
- This is in the range of 10 to 12 hours of study each week.
Equivalent full time study load (EFTSL) is one way to calculate your study load. One (1.0) EFTSL is equivalent to a full-time study load for one year.
Find out more information on Commonwealth Loans to understand what this means to your eligibility for financial support.
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What to study next?
Once you’ve completed this subject it can be credited towards one of the following courses
Bachelor of Psychological Science and Bachelor of Economics
UndergraduateTAS-PEC-DEG
Bachelor of Business and Bachelor of Economics
UndergraduateTAS-BEC-DEG
UndergraduateTAS-ECO-DEG
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