ECC2360 Environmental economics
Faculty of Business and Economics
ECC2360 Environmental economics is a level 2, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2021 in Semester 2 at Clayton. It needs ECS1101, ECB1101, ECW1101, ECC1000 or ECF1100.
- Credit points
- 6
- Offered in 2021
- Semester 2
- Clayton
- Assessment
- Exam 50%
- and 1 other task
- Workload
- 144 hours
- per semester
This is the 2021 handbook entry. See the 2022 entry.
Reviews
No reviews yetNo reviews yet. Be the first to review ECC2360.
Requisites
Before ECC2360
After ECC2360
No unit lists ECC2360 as a prerequisite in the 2021 handbook.
Enrolment rules
To be successful in this unit, background knowledge and application of maths is required at the equivalent of VCE Year 12 level. You may have satisfied this by completing relevant prerequisite unit/s, or you have covered relevant topics in your final years of secondary study. You should self-assess your maths competency prior to enrolling in this unit.
Overview
The role of government in regulating the interaction between the economy and the environment; application of microeconomic theory to environmental problems, including air pollution, climate change and the over-exploitation of open access resources; using the tools such as environmental valuation and cost-benefit analysis to discuss policy options ranging from command and control to market based approaches to address these problems.
Offerings in 2021
| Teaching period | Campus | Mode |
|---|---|---|
| Second semester | Clayton | On campus |
Assessment
- Within semester assessment50%
- Examination50%
Learning outcomes
When you finish this unit, you should be able to:
- 1
explain how the economy and the environment interact
- 2
demonstrate the link between environmental problems and the economic concepts of property rights, externalities and non-excludability
- 3
critically analyse how market failures contribute to environmental problems
- 4
provide recommendations on how to correct for market failures.
Workload and teaching
- Lectures24 hours
- Tutorials12 hours
- Teaching approachActive learning
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.
Learning resources
Required resources
You are strongly encouraged to purchase your own copy of the textbook Wills (2006, 2nd edition), which is the prescribed text for this course.
Where it fits
ECC2360 is part of 3 areas of study in the 2021 handbook.
Contacts
- Chief Examiners
- Dr Edwyna Harris
Common questions
What are the prerequisites for ECC2360?
You need ECS1101, ECB1101, ECW1101, ECC1000 or ECF1100 before you enrol. Enrolment rules also apply.
When is ECC2360 offered?
In 2021, ECC2360 runs in Semester 2 at Clayton.
How much work is ECC2360?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ECC2360 have an exam?
Yes. The exam is worth 50% of the final mark, alongside 1 other task.
Which majors and minors include ECC2360?
ECC2360 is part of Economics and Sustainability.