ERST 632

Economics in Environmental Policy

Course overview

An examination of the economic models as applied to environmental decisions, including cost-benefit analysis and the co-dependent relationships between economics, ecology and human behaviour.

Course information

Prerequisites and Restrictions You must satisfy the following requirement(s):
  • a minimum average grade of C- across the course(s) specified below
  • restriction Preparatory Disciplines for Resource Management, RESM-661
Credits 20
Domestic fees $1,298.00

What you will learn

After successfully completing this course, you’ll be able to: 

  1. Deliver an introduction to resource economics including its history, law, politics and policy.
  2. Explain the principles of resource economics.
  3. Conduct a resource economics-based cost benefit analysis and explain the theory behind this.
  4. Discuss economic model building including bio-economic models that incorporate human responses, optimal extraction patterns, policy instrument analysis and sensitivity analysis.

Course examiners

Geoff Kerr

Professor Geoff Kerr


Department of Environmental Management

[email protected]