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Degree Courses (for all enrolment details, follow
the links)
This page is mainly for prospective or current ANU students who wish to
know what relevant degree courses in environmental, ecological and resource
economics are available at the University.
Research degrees
There is no research degree at ANU specifically in environmental,
ecological and resource economics. The two most relevant degrees are the
PhD in Economics, and the PhD/MPhil in Environment (and Resource
Management).
The PhD in Economics
starts with Part A, comprising a substantial amount of compulsory
coursework in economics, done in both the School of Economics and (for
environmental, ecological and resource economics) the Crawford School of Economics and
Government. You will have to choose between either:
(a) entering the Master of
Environmental and Resource Economics (see below), and on completing
that (and subject to a successful application), entering the PhD program
and doing extra Part A coursework before starting your thesis research
(Part B of the PhD); or
(b) entering the PhD directly, and taking relevant Part A options from the
Master in Environmental and Resource Economics.
The right choice will depend on your academic background and sources of
finance, which are generally different for Masters and PhD degrees. If you
are in any doubt, you should consult the PhD
Convenor, the Master's Convenor,
or your potential main thesis supervisor. The supervisor is usually from
one of ANU's four economics groups, in the School
of Economics, the Research
School of Pacific and Asian Studies, the Crawford School of Economics and
Government, or the Research
School of Social Sciences, but s/he could also be from the Fenner School of Environment and Society.
The PhD/MPhil
in Environment (and Resource Management) does not involve
compulsory coursework, and is better suited for candidates pursuing
interdisciplinary or very policy-oriented research. The main thesis
supervisor is typically from the Fenner
School of Environment and Society or the Crawford School of Economics and
Government. Initial enquiries are best addressed to prospective PhD
supervisors, found on the people
page of the EEN site.
Taught (coursework) degrees
Since February 2006, ANU has offered a Graduate
Diploma in Environmental and Resource Economics; and Master
of Environmental and Resource Economics (MERE), equivalent to an
M.S. in North America or M.Sc. in Europe.
The latter was the first MSc in environmental economics in Australia,
and it provides the ideal training before starting a PhD in environmental,
ecological and resource economics. For economics undergraduates already
interested in environmental economics, it is a more efficient route to an
appropriate qualification than an Honours year, which at ANU currently can
include only one lecture course in environmental or resource economics
(ECON8040, below).
However, there is however no complete Bachelor's degree in environmental,
ecological and resource economics currently at ANU. Taught degree programs
at ANU which can include some study in (but do not focus on) environmental,
ecological and resource economics are :
Bachelor of Economics and
Honours
in Economics or in Applied Economics
Graduate Diploma and
Masters of Economics, of Applied Economics, and of Economic Policy
Graduate
Diploma and Masters
in International and Development Economics
Graduate
Diploma and Masters
in Environmental Management and Development
A range of BSc
majors in environmental science and policy at the Fenner School
Taught course units
The various lecture course units on environmental, ecological and
resource economics available in these degrees, which can also be audited by
any student in the University, are as follows (for further details, take
the links to the courses' webpages):
Undergraduate and diploma level
1.
ECON2128 RESOURCE AND ENVIRONMENTAL ECONOMICS (see also ECON8040
RESOURCE AND ENVIRONMENTAL ECONOMICS)
Taught as a combined course by the School of Economics,
ECON2128 is the standard later year undergraduate course in a Bachelor of
Economics degree, while ECON8040 is the graduate and fourth year honours
version of the course. Normally taught in Semester 1.
2.
ENVS2007 ECONOMICS FOR THE ENVIRONMENT
Economics for the Environment is a course designed to provide students with an
understanding of the ways in which the discipline of economics can be used to
analyse environmental and natural resource use issues.
Masters level
3.
IDEC8088 APPLIED ECONOMICS: COST/BENEFIT ANALYSIS
The course will commence with an explanation of the financial analysis of projects
and move on to provide students with an understanding of the theoretical rationale
for modern cost benefit analysis (CBA). Emphasis will be placed on case studies
with particular stress on the handling of shadow prices, and opportunities will be
provided to give students a thorough working knowledge of its application in
developing countries.
4.
IDEC8053 ENVIRONMENTAL ECONOMICS
A core course of the Master of Environmental and Resource Economics. The course
will examine key topics in environmental economics with a focus upon the following questions:
(1) What is efficient and sustainable use of the environment?
(2) What prevents us from sustainably managing the environment?
(3) What approaches can we use to improve environmental management?
The course includes material on environmental valuation, economics of
pollution control and regulation, property rights and incentives, dynamic
environmental management, and global environmental problems.
5.
IDEC8018 AGRICULTURAL ECONOMICS AND RESOURCE POLICY
A core course of the Master of Environmental and Resource Economics.
The first part of the course is given to examining the different analytical
frameworks by which agricultural and natural resource policy issues may be
assessed. These will include issues relating to common property and property
rights, resource rent and rent seeking behaviour, the new institutional
economics, public choice issues and performance assessment. The policy
issues to be covered will include the allocation of water, greenhouse
admissions, rural restructuring, fisheries policy, land use and environment,
and international trade.
6.
IDEC8004 SUSTAINABILITY AND ECOLOGICAL ECONOMICS
A core course of the Master of Environmental and Resource Economics.
The course is designed to develop an understanding of the sustainability of entire
nations, and of the world. Among the questions addressed are: How can sustainability
be defined? Is it feasible, for either a nation or the world? How might national
accounts be used to measure if a nation, or the world, is developing sustainably?
This leads naturally to "ecological economics" questions. Are there any limits to
the substitution of human-made capital for environmental resource inputs in making
marketed goods, or of marketed goods for environmental quality and social coherence
in making people happy? How uncertain and sudden might such limits be? Can they
be detected by measuring the economy in physical rather than monetary units?
7.
EMDV8002 METHODS FOR ENVIRONMENTAL DECISION-MAKING
This course is designed to provide students with specialist skills used to gather,
integrate and interpret information useful to the Environmental Decision Making process.
It builds upon the knowledge of environmental and resource management tools covered
in EMDV 8102 Tools and Processes for Environmental and Resource Management.
The skills provided include: cost-benefit analysis, contingent valuation, choice
modeling, travel cost analysis, hedonic methods, bio-economic modelling, social
surveying, risk and uncertainty integration.
8.
ECON8050 ECONOMIC GROWTH
This Master's course explores theoretical developments in the analysis of economic
growth and introduces current debates on evidence and policy relevant to the growth
performance of both developed and developing economies. The course is structured
around a series of key papers from journals. The theoretical material is reinforced
by tutorial exercises that require students to understand and interpret the mathematics
and economics of the growth models.
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