[Offered in even-numbered years]
|Student Contribution Band:||Band 3|
|Administered by:||School of Business|
This subject uses ideas from environmental and resource economics to discuss environmental management policies. Topics include: issues and concepts relevant to environmental economics (eg. externalities, public goods and ill-defined property rights); methods of generating and presenting information about environmental problems to policy makers (e.g. methods of 'valuing' environmental 'goods' and cost-benefit analysis); policy options for dealing with environmental problems (regulation, pigovian taxes and subsidies, emission fees and marketable permits, voluntary agreements, liability and the provision of information); and the importance of 'real world complications'(such as risk, uncertainty and imperfect information, the dispersion of pollution/environmental problems across time and space, and the problem of dealing with biophysical issues that cross national/administrative borders).
|Introductory subjects in Economics and Statistics.|
|Townsville, Study Period 7, Block|
|Census Date 05-Jul-2012|
|Face to face teaching 12-Jul-2012 to 18-Jul-2012 (Face to face teaching dates - 9am to 5pm on 12 & 13 July and 16 -18 July. Final exam on 20 July from 2 - 4pm.)|
|Coord/Lect:||Dr Hong-Bo Liu.|
|Assessment:||quizzes or tests (10%); presentations (10%); project (30%); school-administered final exam (50%).|
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.