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ECON6018 - Environmental Economics
Faculty of Arts and Social Sciences - 6 credit points
HECS Band five
EFTSL: 0.125000000
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Department: Economics
Offered session(s): 1
Prerequisites: ECON5001 or ECON5002
Classes: 1x3-hr seminar/week

Assessment: seminar paper & presentation (20%) and mid-semester test (20%) and 2hr final exam (60%)

In this unit of study emphasis is exclusively concerned with market failures that impact on the natural environment. Attention is given to why these market failures occur and what role there is for regulation and government policy. Topics covered include efficiency and markets, market failure, externalities (e.g. pollution), various methods of regulating pollution, and measuring the demand for environmental quality.
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