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Environmental Management:Economics Fundamentals - IEST7100
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Faculty: Faculty of Science
 
 
School:  Institute of Environmental Studies
 
 
Course Outline: http://www.ies.unsw.edu.au/
 
 
Campus: Kensington Campus
 
 
Career: Postgraduate
 
 
Units of Credit: 6
 
 
EFTSL: 0.12500 (more info)
 
 
Indicative Contact Hours per Week: 3
 
 
Equivalent: ECON5125
 
 
CSS Contribution Charge:Band 2 (more info)
 
 
Tuition Fee:See Tuition Fee Schedule
 
 
Further Information: See Class Timetable
 
 

Description

Note:This course was previously offered as ECON5125 but changed course codes to IEST7100 effective semester 2 2011.

This course is specially designed for students undertaking the University-wide Master of Environmental Management. It is one of 6 "Fundamental Knowledge" courses which form core courses in the MEM. It is designed for people without a background in Economics. The course provides a basic understanding of economic principles and of the roles of economics in environmental management. The course will also explore the economics of ecologically sustainable development. Microeconomics topics include: markets, supply and demand, pollution, environmental assessment, benefit cost analysis, renewable resources and price incentives for environmental improvements. Macroeconomic topics include: sustainable development and inflation, employment versus the environment, and economic growth, development and the environment. The course will explore and critically examine both market and non-market approaches in the attempt to analyse solutions to major environmental problems. Excluded: ECON 5125.

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© The University of New South Wales (CRICOS Provider No.: 00098G), 2004-2011. The information contained in this Handbook is indicative only. While every effort is made to keep this information up-to-date, the University reserves the right to discontinue or vary arrangements, programs and courses at any time without notice and at its discretion. While the University will try to avoid or minimise any inconvenience, changes may also be made to programs, courses and staff after enrolment. The University may also set limits on the number of students in a course.