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 & Resource Management.

The PhD in Economics starts with Part A, comprising a substantial amount of compulsory coursework in economics, done in both the Research School of Economics and (for environmental, ecological and resource economics) the Crawford School of Public Policy. 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 two economics groups, in the Research School of Economics or the Crawford School of Public Policy, but s/he could also be from the Fenner School of Environment and Society.

The PhD/MPhil in Environment & 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 Public Policy. 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 has no lecture course in environmental or resource economics.

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

Master of Climate Change, and Graduate Diploma or Masters in International and Development Economics or in Environmental Management and Development

A range of BSc majors in environmental science and policy at the Fenner School

A range of graduate coursework degrees 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

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

The objective of Cost-Benefit Analysis is to provide decision-makers with information about the social value of government-sponsored programs, projects and policies, so that they can allocate resources in a way that improves the well-being of society as a whole. The course covers the key concepts and tools that are essential for the evaluation of government activity by applying cost-benefit techniques, including under conditions of uncertainty. Case studies are employed to give students the confidence and insights required to undertake their individual assignment. Alternative decision-making approaches will also be presented to provide a perspective on the advantages and disadvantages of cost-benefit analysis.

This course provides a broad coverage of environmental economics for Master-level students. The course covers market failure, the economics of pollution control, cost-benefit analysis, environmental valuation, the environment and the economy, global environmental problems, and other topics. Students will apply economic approaches to analyse policy options to better manage the environment at both the local and global levels.

This course is designed for students who would like to address three broad questions in agricultural/resource economics and related policy issues:
(1) What are the underlying causes and drivers of the key security (food, water, energy, etc.) challenges at a global and national level?
(2) What scope is there for public policy (short and long term) to address these challenges?
(3) What can and should be done to support efficiency and equitable approaches to these challenges?

This course is currently not being offered
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?

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.

This course is currently not being offered
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.


Last updated: 20 August 2013
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Enquiries: Jack Pezzey,
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