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Location Domestic International
Lismore
Term5
Term5
Online
Term5
N/A

Unit Summary

Unit type

UG Coursework Unit

Credit points

12

Unit aim

Explores the nature of economics as relevant to ecology and 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 growth, 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

  1. Foundations of environmental and resource economics
  2. Externalities and government interventions
  3. Economic valuation for resource allocation decisions
  4. The ecological economic perspective
  5. Ecosystem services and natural capital accounting
  6. Transition to new economies

Learning outcomes

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:
1 analyse the relationship between economic activity and ecology, and demonstrate an understanding of the nature of the economic problem of scarcity and the implications for resource allocation and sustainable development
2 identify the critical role of economics in resolving environmental issues, and highlight the importance of interdisciplinary science and systems thinking
3 critically address the difference between environmental economics and ecological economics, and the implications of these differences
4 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. analyse the relationship between economic activity and ecology, and demonstrate an understanding of the nature of the economic problem of scarcity and the implications for resource allocation and sustainable development
  2. identify the critical role of economics in resolving environmental issues, and highlight the importance of interdisciplinary science and systems thinking
  3. critically address the difference between environmental economics and ecological economics, and the implications of these differences
  4. demonstrate presentation and discussion skills as relevant to environmental consulting, research and making a positive impact.

Prescribed texts

  • Prescribed text information is not currently available.
Prescribed texts may change in future teaching periods.