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 policy. The course will also explore the economics of ecologically sustainable development. Microeconomics topics include: markets and market failure, pollution policy instruments and valuing natural assets. Macroeconomic topics include: sustainable development, limits to economic growth and the steady state economy. The course will explore and critically examine both market and non-market approaches in the attempt to analyse solutions to major environmental problems.

What do environmental (or natural resource) managers “manage”? This 6-day fulltime intensive course introduces students to the inter-disciplinary nature of natural resource management in the context of the Blue Mountains protected conservation area. Natural resource management is complex, based on significant uncertainty, and presents a wide range of challenges. The challenge of managing dynamic ecosystems with ongoing biodiversity change is addressed, along with balancing the ever-changing economic, political and socio-cultural demands. At the site level, as students will see firsthand in the Blue Mountains, active management of threats is important for conservation goals to be met. Students go into the field for three days with professionals from government management agencies and with local ecologists, to confront on-ground management challenges such as fire, introduced species and continuation of Aboriginal cultural practices.

The course is delivered through a combination of field immersion and lectures. Topics include biodiversity conservation and management of threats and drivers of ecosystem change such as fire, climate change and introduced species; balancing stakeholder interests and values; Aboriginal co-management; public engagement; knowledge generation, uptake and use; tourism and development impacts.

These topics are explored using an interdisciplinary problem orientation framework and social process mapping. Students will explore the social processes of what is taking place in managing the environment, to unearth and work with the multitude of understandings, opinions, differences, tensions, assumptions and contexts that emerge, and this exploration helps to clarify our purpose as environmental managers. This way of working develops awareness and self-reflection, and enhances the understanding of our patterns of thought that shape our behaviours, defaults, and our values and beliefs. The goal is to engage with and understand our differences so that we can bring about more effective decision processes. The course is therefore suitable for anyone interested in developing their skills in problem solving and analysis, especially with problematic issues in complex situations. No prior knowledge of ecosystems is required. We target the Blue Mountains protected conservation area as a “case study” that is facing a host of challenges in our rapidly changing world. Students are required to participate in bushwalking and a level of fitness is required.

While this course is of particular relevance to students interested in conservation and management of ecosystems, and environmental policy processes and governance especially in the context of protected areas, importantly, the problem orientation framework used in the course presents an approach to understanding complex problems that can be applied to any field of work. The applied management focus prepares graduates as leaders in government and non-government, business, in environmental as well as non-environmental fields.