Natural Resource Economics
UndergraduateTAS-BEA2072024
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
Natural Resource Economics
About this subject
Upon completion of this subject, the student should be able to:
- Examine environmental and natural resource issues and policies using the economic way of thinking.
- Apply economic concepts and techniques to analyse environmental and natural resource issues and critically evaluate policy responses.
- Analyse environmental and resource problems as failures of the economic system to properly coordinate people's incentives and actions.
- Communicate economics in oral and written format.
- Module 1: Introduction to resource economics
- Module 2: Market failure and public policy in resource economics
- Module 3: Allocation of exhaustible resources
- Module 4: International resource management
- Module 5: Economics of fisheries management
- Module 6: Economics of forestry management
- Module 7: Valuing natural resources
Practical, public policy-orientated lectures and tutorials in this subject explore the practical issues of resource management using international, Australian and Tasmanian case studies. There will be specific focus on the sustainable yield of fisheries and the management of forests for multiple uses. Students will also study non-renewable resources such as mining. Students will learn how to apply economic concepts to analyse the causes of resource degradation and to evaluate alternative policy options to resolve resource management problems. By the end of the subject, students will have engaged in discussion and analysis of the complex trade-offs involved in crafting policy responses to resource management issues.
- Assignment (20%)
- Presentation (10%)
- Research Paper (30%)
- Take Home Examination (40%)
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.
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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 Science
UndergraduateTAS-PSC-DEG
Bachelor of Psychological Science and Bachelor of Economics
UndergraduateTAS-PEC-DEG
Bachelor of Business and Bachelor of Economics
UndergraduateTAS-BEC-DEG
Bachelor of Business and Bachelor of Science
UndergraduateTAS-BBS-DEG
Bachelor of Science (Sustainability)
UndergraduateTAS-SUS-DEG
UndergraduateTAS-ECO-DEG
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