23570 Economics of the Environment
6cpRequisite(s): 23115 Economics for Business OR 23000 Principles of Microeconomics
These requisites may not apply to students in certain courses.
There are course requisites for this subject. See access conditions.
Anti-requisite(s): 25570 Economics of the Environment
Undergraduate
Description
Economics of the Environment provides students with an understanding of the contribution economic analysis can make to the solution of environmental problems. This subject explores the current debate around the environment, resources and sustainability. An economic approach to this debate follows by examining externalities, ill-defined property rights and the management of natural resources. The subject focuses on the policy question of natural resource depletion, pollution control and climate change, applying various policy tools to contemporary examples. Lastly, the student studies how to satisfy the legitimate claims of future generations through so-called sustainable development.
Detailed subject description.