Economics in Environmental Policy
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.
|Prerequisites and Restrictions|| You must satisfy the following requirement(s):
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.
Professor Geoff Kerr
Department of Environmental Management[email protected]