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.
NOTE: In 2023, this course is available online only. Both the face-to-face and online versions will be offered in 2024.
Course information
Available semesters | Semester 1 2023 |
---|---|
Credits | 20 |
Domestic fees | $1,356.00 |
What you will learn
After successfully completing this course, you’ll be able to:
- Deliver an introduction to resource economics including its history, law, politics and policy.
- Explain the principles of resource economics.
- Conduct a resource economics-based cost benefit analysis and explain the theory behind this.
- Discuss economic model building including bio-economic models that incorporate human responses, optimal extraction patterns, policy instrument analysis and sensitivity analysis.
Course examiners

