Courses & Units

Environmental and Resource Economics BEA308




The goal of this unit is to provide a thorough understanding of key topics in environmental and natural resource economics. While the emphasis is on the economic approach to issues and debates on environmental and resource problems, students are provided with a solid understanding of the key concepts and techniques in economics. The topics include market failures, property rights, pollution control, global commons, management of fish and forest resources, and environmental valuation. Basic economic concepts taught at first year are reviewed and extended to examine topics in environmental and resource economics. The unit is core in the Economic Foundations Major and the Environmental and Resource Economics Major in the Bachelor of Economics and may be taken as an elective in any other Bachelor of Economics program. The unit may also be taken as part of many other courses within the Tasmanian School of Business and Economics and the University. Enrolments often reflect a diversity of student backgrounds and interests.


Unit name Environmental and Resource Economics
Unit code BEA308
Credit points 12.5
Faculty/School College of Business & Economics
Tasmanian School of Business and Economics
Discipline Economics and Finance

Dr Satoshi Yamazaki

Teaching staff

Level Advanced
Available as student elective? Yes
Breadth Unit? No


Location Study period Attendance options Available to
Hobart Semester 2 On-Campus International Domestic


International students
Domestic students

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Key Dates

Study Period Start date Census date WW date End date
Semester 2 13/7/2020 10/8/2020 31/8/2020 18/10/2020

* 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 2020 are indicative and subject to change. Finalised census dates for 2020 will be available from the 1st October 2019.

About Census Dates

Learning Outcomes

  • LO1: Examine environmental and natural resource issues and policies using the economic way of thinking.
  • LO2: Apply economic concepts and techniques to a range of specific environmental and natural resource issues and evaluate various policies.
  • LO3: Analyse environmental and resource problems as failures of the economic system to properly coordinate people's incentives and actions.
  • LO4: Incorporate broader biological, social and political factors that also shape environmental and natural resource policy management.
  • LO5: Communicate economics in oral and written format.



Band CSP Student Contribution Full Fee Paying (domestic) Field of Education
2 2020: $1,190.00 2020: $2,783.00 050999

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 Principles of Economics 1 is the pre-requisite for this unit. Students are also expected to have the following knowledge/skills:

  • Arithmetic Skills, Basic Algebra Skills
  • Ability to interpret and construct simple graphs
  • Academic writing skills



Mutual Exclusions

You cannot enrol in this unit as well as the following:



Teaching Pattern

1 x 2 hour lecture, 1 x 1 hour workshop per week. Please check the unit outline for details.


Test (20%), Presentation (5%), Essay (15%), Final exam (60%).

TimetableView the lecture timetable | View the full unit timetable



There is no prescribed text for this unit.


Booktopia textbook links

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