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LB5229 - Economics for a Sustainable World

Credit points: 3
Year: 2021
Student Contribution Band: Band 4
Administered by: College of Business, Law & Governance

This subject uses insights from the fields of ecological economics and natural resource economics to consider some of the problems associated with the management of a variety of different natural resources. It discusses common economic theories and analytical tools with a focus on understanding arising real world complications when attempting to manage these resources in a complex socio-ecological system. The subject is a core requirement for MBA and MPA courses.

Learning Outcomes

  • critically evaluate the models and the likely effectiveness of different policy/management interventions in a range of different socio- political contexts;
  • apply a range of different models to evaluate the use of different types of natural resources and how they help identify problems that are, or are not, likely to arise in their management;
  • synthesise the models to predict whether the use of different resources is likely to be sustainable, and evaluate management/policy interventions that seek to ameliorate any potential problems.

Subject Assessment

  • Written > Examination (centrally administered) - (50%) - Individual
  • Written > Test/Quiz 1 - (20%) - Individual
  • Written > Business plan - (30%) - Individual.
Inadmissible
Subject
Combinations:
CO5125 EC5103 LB5003

Availabilities

JCU Brisbane, Study Period 21, Internal
Census Date 11-Mar-2021
Coordinator: Dr Daniel Grainger
Lecturer: Mr Patrick Goh.
Workload expectations:

The student workload for this 3 credit point subject is approximately 130 hours.

  • 36 hours lectures (didactic or interactive)
  • assessment and self-directed study

JCU Brisbane, Study Period 22, Internal
Census Date 24-Jun-2021
Coordinator: Dr Daniel Grainger
Lecturer: Mr Patrick Goh.
Workload expectations:

The student workload for this 3 credit point subject is approximately 130 hours.

  • 36 hours lectures (didactic or interactive)
  • assessment and self-directed study

Townsville, Study Period 2, Internal
Census Date 26-Aug-2021
Coord/Lect: Dr Daniel Grainger.
Workload expectations:

The student workload for this 3 credit point subject is approximately 130 hours.

  • 36 hours workshops
  • assessment and self-directed study

Study Period 2, External
Census Date 26-Aug-2021
Coord/Lect: Dr Daniel Grainger.
Workload expectations:

The student workload for this 3 credit point subject is approximately 130 hours.

  • 0 hours
  • assessment and self-directed study
Method of Delivery: WWW - LearnJCU

Note: Minor variations might occur due to the continuous Subject quality improvement process, and in case of minor variation(s) in assessment details, the Subject Outline represents the latest official information.