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ECM2361 · Monash University

Environmental issues in economics

Credit points
6
Level
2
Workload
≈ 12 h / week
Faculty
Business and Economics

What it covers

This unit applies microeconomic theory to environmental problems, including air pollution and the over-exploitation of open access resources. It also discusses environmental valuation tools and policy options such as command and control and market-based approaches to address these problems. It also includes a discussion of the inverse relationship between the environment and economic activities through a number of selected topics such as international trade and the environment, and natural disasters.

Assessment

TaskTypeWeight
3 - ExaminationExamination30%
2 - ProjectProject40%
1 - ExerciseExercise30%

When and where

Teaching periodCampusMode
Winter semesterMalaysiaOn-campus