Courses & Units

Valuing Nature BEA315


This unit, therefore will build on the theory and practical knowledge taught in BEA201 Environmental and Resource Economics and explore the concept of environmental valuation, ecosystem services and the related economics. You will have the opportunity to develop a theoretical and practical knowledge of non-market valuation techniques and their application to the natural environment. In addition, you will investigate the importance of environmental valuation and how ecosystems can be accounted for in policy.

The unit fits into the University's major research themes: Environment, Resources & Sustainability; and, Data, Knowledge and Decisions.


Unit name Valuing Nature
Unit code BEA315
Credit points 12.5
Faculty/School College of Business & Economics
Tasmanian School of Business and Economics
Discipline Tasmanian School of Business and Economics

Dr Dugald Tinch

Teaching staff

Dr Dugald Tinch

Available as student elective? No
Breadth Unit? No


This unit is currently unavailable.


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* The Final WW Date is the final date from which you can withdraw from the unit without academic penalty, however you will still incur a financial liability (see withdrawal dates explained for more information).

Unit census dates currently displaying for 2019 are indicative and subject to change. Finalised census dates for 2019 will be available from the 1st October 2018.

About Census Dates

Learning Outcomes

1: Reflect upon and convey an understanding of the key concepts of ecosystem functions and services, the importance for economic systems and how values of those services could be identified.

2: Communicate how the concepts of ecosystem services and associated economic values allow a fuller understanding of social responsibility and sustainability. (Key graduate university level learning outcomes) 

3: Utilize economic thinking and modelling to inform analysis of the economic behaviour of consumers, firms and governments within the context of ecosystem services in order to identify appropriately grounded values.

4: Collaboratively work with peers to critically apply economic theory, analyse and evaluate economic issue.

5: Reflect upon the policy and ethical implications of analyses of the values of the natural environment.



Band Field of Education
3 091901

Fees for next year will be published in October. The fees above only apply for the year shown.

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BEA111 and BEA142 and BEA201.



Student debate 15%, individual essay 35%, group presentation 10%, group report 40%.

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 Please see the unit outline for textbook information.

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