International, national, and local environmental policies have a major economic effect, with the costs and the benefits of policy alternatives being a central issue. Environmental Economics investigates economic theory and policy in respect of the use and protection of the natural and built environment. Topics include the reasons for pollution and how it might be controlled; the causes of resource degradation and resource management; issues in environmental policy evaluation; international dimensions of environmental problems and environmental economics in action. Students are encouraged to engage in critical and analytical approaches to both problem solving and policy design and evaluation.
|Faculty||Faculty of Business and Law|
|School||Newcastle Business School|
Not currently offered
Previously offered in 2011, 2010, 2009, 2008, 2007, 2006, 2005, 2004
Although the objective of the course is to clarify those technical capabilities of economics that may contribute to sound environmental decision-making, it is felt that the course should also serve a wider educational need by reflection on the growing magnitude of environmental problems and on the scope of the political process to envisage and build a desirable and sustainable future.
Upon successful completion of the course, it is intended you will be able to:
1.Integrate varying perspectives of environmental issues including those of a historical, political and cultural nature,
which concern pollution, urbanisation, natural resource management and conservation.
2.Comprehend the concept of market failure, environmental capital, bio-mimicry, and resilience, especially in terms of their
|Replacing Course(s)||Not Applicable|
|Assumed Knowledge||Students are expected to have advanced to third year courses.|
|Timetable||2018 Course Timetables for ECON3320|