This course is designed for students undertaking the Master of Environmental Management. It is one of several fundamental/disciplinary knowledge courses in the MEM. It is designed for students without a background in Economics. The course provides a basic understanding of economic principles and of the roles of economics in environmental management. In the course you 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. In the course you will explore and critically examine both market and non-market approaches in the attempt to analyse solutions to major environmental problems.
Please note that the University reserves the right to vary student fees in line with relevant legislation. This fee information is provided as a guide and more specific information about fees, including fee policy, can be found on the fee website.
For advice about fees for courses with a fee displayed as "Not Applicable", including some Work Experience and UNSW Canberra at ADFA courses, please contact the relevant Faculty.
Where a Commonwealth Supported Students fee is displayed, it does not guarantee such places are available.