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Unit of Study ECO00202 - Ecological and Environmental Economics for Sustainable Development (2020)

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Unit Snapshot

  • Pre-requisites

    96 credit points in any SCU unit

  • Enrolment information

    There will be a 2 day compulsory residential for Online students that will be held on the Lismore campus. Please refer to http://scu.edu.au/timetables for further information on timetables.

Unit description

Explores the nature of economics as relevant to sustainable development. This involves learning from the trappings of historical economic paradigms and engaging with economic instruments/methods as a way of managing and preventing environmental degradation. This unit engages with topical issues such as population, climate change and water scarcity to apply economic rationale to your understanding of these issues using interactive tutorial workshops as a learning tool.

Unit content

  • Introduction to ecological economics: what is it and why it matters for sustainable development?
  • Market systems: supply, demand and production
  • Market failure: why pollution, climate change and poverty exist
  • Ecosystem goods and services and environmental accounting
  • Valuing the environment: an overview of the techniques and theories
  • Changing behaviour: using economic instruments in environmental management
  • Economic development and environmental decision making
  • Economics and agriculture: feeding the world and conserving our land
  • Managing natural resource use: scarcity, abundance and renewables
  • The economics of water resources management

Availabilities

Location Domestic International
Lismore
Session1
Session1
National Marine Science Centre Coffs Harbour
Session1
Session1
Online
Session1
Session1

Learning outcomes and graduate attributes

Unit Learning Outcomes express learning achievement in terms of what a student should know, understand and be able to do on completion of a unit. These outcomes are aligned with the graduate attributes. The unit learning outcomes and graduate attributes are also the basis of evaluating prior learning.

On completion of this unit, students should be able to:

GA1: Intellectual rigour, GA2: Creativity, GA3: Ethical practice, GA4: Knowledge of a discipline, GA5: Lifelong learning, GA6: Communication and social skills, GA7: Cultural competence
Learning outcome count Learning outcome description GA1 GA2 GA3 GA4 GA5 GA6 GA7
1 demonstrate understanding of the nature of the economic problem of scarcity and the implications this will have for resource allocation
2 analyse the relationship between economic activity and the natural environment and the implications for sustainable development
3 critically appreciate the difference between environmental economics and ecological economics
4 discuss the importance of interdisciplinary sciences and identify the role of economics in resolving environmental issues
5 demonstrate presentation and discussion skills as relevant to environmental consulting, research and making a positive impact.

On completion of this unit, students should be able to:

  1. demonstrate understanding of the nature of the economic problem of scarcity and the implications this will have for resource allocation
    • GA4:
  2. analyse the relationship between economic activity and the natural environment and the implications for sustainable development
    • GA2:
    • GA4:
  3. critically appreciate the difference between environmental economics and ecological economics
    • GA2:
    • GA4:
    • GA6:
  4. discuss the importance of interdisciplinary sciences and identify the role of economics in resolving environmental issues
    • GA2:
    • GA4:
    • GA6:
  5. demonstrate presentation and discussion skills as relevant to environmental consulting, research and making a positive impact.
    • GA2:
    • GA4:
    • GA6:

Prescribed learning resources

Prescribed Texts
  • No prescribed texts.

Prescribed Learning Resources may change in future Teaching Periods.