ECM2361 Environmental issues in economics
Faculty of Business and Economics
ECM2361 Environmental issues in economics is a level 2, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2025 in Winter at Malaysia. It has no prerequisites.
- Credit points
- 6
- Offered in 2025
- Winter
- Malaysia
- Assessment
- No exam
- 1 task
- Workload
- 144 hours
- per semester
This is the 2025 handbook entry. See the 2027 entry.
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Requisites
Before ECM2361
Prohibitions
You can't enrol if you have passed any of these.
After ECM2361
No unit lists ECM2361 as a prerequisite in the 2025 handbook.
Overview
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.
Offerings in 2025
| Teaching period | Campus | Mode |
|---|---|---|
| Winter semester | Malaysia | On campus |
Assessment
- Within semester assessment100%
Learning outcomes
When you finish this unit, you should be able to:
- 1
apply the demand-supply model and theory of externality to identify the causes of environmental issues
- 2
critically analyse policy instruments available to address environmental issues in economics
- 3
effectively communicate the interactions between the economy and the environment to diverse audiences
- 4
examine specific environmental issues in economics to appreciate the natural environment
- 5
contribute to team performance and the achievement of analysing and evaluating an environmental policy.
Workload and teaching
- Tutorials24 hours
- Teaching approachActive learning
- Teaching approachCase-based teaching
- Teaching approachProblem-based learning
- Teaching approachField trips
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. You are expected to complete all pre-class activities prior to your scheduled class, and post-class activities should be completed after your scheduled class. Learning activities may include a combination of teacher directed, peer directed and online engagement activities.
This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.
This unit includes case-based teaching, where you apply your knowledge and engage in analytical and reflective thinking to solve complex contextual scenarios. Activities are often designed so that there is not one clear answer, but you need to work together to examine, analyse and make decisions to resolve the situation.
This unit includes problem-based learning approaches, where you engage in research, integrate theory and practice and apply knowledge and skills to develop viable solutions in response to a problem or set of problems.
This unit provides you with opportunities to participate in experiential learning by visiting cultural, geographical and/or industrial sites relevant to your studies.
Where it fits
ECM2361 is part of 2 areas of study in the 2025 handbook.
Contacts
- Chief Examiners
- Dr Rajesh Ramachandran
Common questions
What are the prerequisites for ECM2361?
ECM2361 has no prerequisites.
When is ECM2361 offered?
In 2025, ECM2361 runs in Winter at Malaysia.
How much work is ECM2361?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ECM2361 have an exam?
No. ECM2361 has 1 assessment task and no exam.
Which majors and minors include ECM2361?
ECM2361 is part of Applied economics; and Sustainability and responsible management.