2017 Unit Profile

Unit Code ECO20001

Unit Title Environmental Economics

Provider Swinburne University of Technology

Unit Type UGRD

Level of Study Undergraduate Level 2

EFTSL 0.125

Delivery Method Fully Online

Unit Overview Demonstrate the important contribution economics can play in managing the environment and
understand and appreciate the many multidisciplinary aspects associated with modern
environmental problems; which have the potential to threaten human survival on our planet; the
Earth.

Please note: assessment values are indicative only, details will be advised at the start of the
unit.

Topics 1. Introduction to environmental economics

2. Market efficiency
3. Market failure
4. Valuing the environment
5. Instruments for environmental management
6. The macroeconomics of the environment
7. The environmental movement and regulatory process in Australia; corporate sustainable
development
8. Contemporary issues - for example energy, waste, water, global warming

Learning Outcomes After successfully completing this unit, you will be able to:

1. Describe and demonstrate the fundamentals of key environmental economic concepts, and
alternative policy implications
2. Demonstrate an understanding of economic, social, political, cultural, financial and
institutional factors and their interconnectedness in relation to environmental matters in order
to contribute to current debates in this area
3. Analyse issues, and respect multiple points of view about environmental economics
4. Work independently and collaboratively and critically reflect on individual performance and
professional development.

Assessment - Assessment - (20-30%)

- Invigilated Exam - (40-60%)
- Research Paper - Individual or Group (20-30%)
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 2017 Unit Profile

Textbooks

Required - Economics and the Environment, Seventh

Edition (Print), Goodstein, ISBN: 9781118539729

Prerequisites

Special - Broadband access

Requirements

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