Natural Resource Economics unit (BEA207)

Hobart, Online

Introduction

Practical, public policy-orientated lectures and tutorials in this unit explore the practical issues of resource management using international, Australian and Tasmanian case studies. There will be specific focus on the sustainable yield of fisheries and the management of forests for multiple uses. Students will also study non-renewable resources such as mining. Students will learn how to apply economic concepts to analyse the causes of resource degradation and to evaluate alternative policy options to resolve resource management problems. By the end of the unit, students will have engaged in discussion and analysis of the complex trade-offs involved in crafting policy responses to resource management issues.

Summary

Unit name	Natural Resource Economics
Unit code	BEA207
Credit points	12.5
College/School	Tasmanian School of Business and Economics
Discipline	Economics
Coordinator	Associate Professor Satoshi Yamazaki
Available as an elective?	Yes
Delivered By	University of Tasmania
Level	Intermediate

Availability

Specific information on 2027 unit availability will be available in August

Key Dates

Study Period	Start date	Census date	WW date	End date
Semester 1	21/2/2027	15/3/2027	18/4/2027	12/6/2027

* 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 (refer to How do I withdraw from a unit? for more information).

Unit census dates currently displaying for 2027 are indicative and subject to change. Finalised census dates for 2027 will be available from the 1st October 2026. Note census date cutoff is 11.59pm AEST (AEDT during October to March).

About Census Dates

Learning Outcomes

• Examine environmental and natural resource issues and policies using the economic way of thinking.
• Apply economic concepts and techniques to analyse environmental and natural resource issues and critically evaluate policy responses.
• Analyse environmental and resource problems as failures of the economic system to properly coordinate people's incentives and actions.
• Communicate economics in oral and written format.

Fee Information

2027 fee information will be available in August.

Requisites

Mutual Exclusions

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

BEA308

Teaching

Assessment	Presentation (10%)|Short Answer Questions (20%)|Research Paper (30%)|Take home Examination (40%)
Timetable	View the lecture timetable | View the full unit timetable

Textbooks

Required	Required readings will be listed in the unit outline prior to the start of classes.

The University reserves the right to amend or remove courses and unit availabilities, as appropriate.