Courses & Units

Marine Resource Economics KSM607


This unit presents the fundamental building blocks of marine resource economics and the key objectives and components of major economic theories of marine resource management. Students will gain knowledge in basic resource economic theory as well knowledge of the economic dimensions of issues and debates confronting
marine resource management. Students will gain skills in applying key economic principles and analytical concepts to major policy and management problems concerned with the marine environment and its exploitation. Students will learn practical analytical skills through applying bio-economic modelling of fisheries to marine resource management. Topics students will explore include multiple use and scarcity of marine resources, privatisation of access rights, consumer and producer surplus, environmental valuation, resource allocation. On completing this unit students will be able to identify and appraise economic dimensions of and solutions to complex problems in fisheries, aquaculture, other marine resource-based sector management.


Unit name Marine Resource Economics
Unit code KSM607
Credit points 12.5
College/School College of Sciences and Engineering
Institute for Marine & Antarctic Studies
Discipline Fisheries and Aquaculture
Coordinator Doctor Emily Ogier
Delivered By University of Tasmania
Level Postgraduate


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Learning Outcomes

  • Explain economic concepts relevant to marine resource management issues
  • Apply economic concepts and techniques to management of specific marine resource problems
  • Critique a range of economic policies for their distributional effects and social implications
  • Explain social, culture or political factors that contribute to economic policy success or failure in marine resource management
Field of Education Commencing Student Contribution 1,3 Grandfathered Student Contribution 1,3 Approved Pathway Course Student Contribution 2,3 Domestic Full Fee 4
not applicable

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2 Please refer to more information on eligibility and Approved Pathway courses.
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AssessmentOral Presentation (20%)|Practical Tasks (20%)|Written Assignment (20%)|Online Exam (40%)
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No required reading materials


Students will be advised of recommended readings on unit commencement 

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