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|
|Faculty/School||College of Business & Economics
Tasmanian School of Business and Economics
|Discipline||Tasmanian School of Business and Economics|
Dr Dugald Tinch
Dr Dugald Tinch
|Available as student elective?||No|
This unit is currently unavailable.
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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|
Fees for next year will be published in October. The fees above only apply for the year shown.
Please note: international students should refer to this page to get an indicative course cost.
BEA111 and BEA142 and BEA201.
Student debate 15%, individual essay 35%, group presentation 10%, group report 40%.
|Timetable||View the lecture timetable | View the full unit timetable|
Please see the unit outline for textbook information.
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