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Circular Economy unit (BFA763)

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Unit year 2027

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Location: Hobart, Online

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Introduction

The circular economy creates business value by designing out waste, keeping products and materials in use, and supporting the regeneration of natural systems. As organisations face growing environmental, social, economic, and regulatory challenges, circular economy strategies are emerging as important drivers of innovation, competitiveness, and long-term value creation. This unit examines the principles, concepts, and application of the circular economy, focusing on strategies that decouple economic value creation from resource consumption and waste generation. Through critical analysis of circular product and service design, business models, and supply chain strategies, you will examine how organisations create, capture, and sustain value within circular systems. Drawing on contemporary frameworks, standards, policies, case studies, and practical applications, you will evaluate the opportunities and challenges associated with implementing circular economy initiatives across diverse organisational contexts. By the end of the unit, you will be able to assess the strategic and operational implications of circular economy practices and identify how they can drive innovation, enhance value creation, and contribute to environmental sustainability and social wellbeing.

 

 

Summary

Unit name Circular Economy
Unit code BFA763
Credit points 12.5
College/School Tasmanian School of Business and Economics
Discipline Accounting
Coordinator Doctor Terese Fiedler
Delivered By University of Tasmania
Level Postgraduate

Sustainable Development Goals

The Unit Coordinator has identified that this unit aligns with the following UN Sustainable Development Goals. We welcome your thoughts and feedback on the alignment of the unit with these goals.

Availability

Location Study period Attendance options Available to
Hobart Semester 1 This unit is available through on-campus delivery Available to International Students Available to Domestic Students
Online Semester 1 This unit is available through off-campus delivery Available to International Students Available to Domestic Students
  • Key:
  • This unit is available through on-campus delivery On-campus
  • This unit is available through off-campus delivery Off-Campus
  • Available to International Students International students
  • Available to Domestic Students Domestic students
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Key Dates

Study Period Start date Census date WW date End date
Semester 1 22/02/2027 16/03/2027 19/04/2027 13/06/2027

* 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

  • Critically appraise the principles and concepts underpinning circular economy approaches.
  • Apply circular economy design strategies, business models and supply chain approaches to identify opportunities for value creation and resource efficiency.
  • Evaluate circularity using measurement tools.
  • Formulate evidence-based recommendations for implementing circular economy initiatives to improve environmental, social and economic performance.

Fee Information

Field of Education Commencing Student Contribution 1,3 Grandfathered Student Contribution 1,3 Approved Pathway Course Student Contribution 2,3 Domestic Full Fee 4
090700 $2,253.00 $1,057.00 $1,235.00
  • Available as a Commonwealth Supported Place
  • HECS-HELP is available on this unit, depending on your eligibility3
  • FEE-HELP is available on this unit, depending on your eligibility4

1 Please refer to more information on student contribution amounts.
2 Please refer to more information on eligibility and Approved Pathway courses.
3 Please refer to more information on eligibility for HECS-HELP.
4 Please refer to more information on eligibility for FEE-HELP.

If you have any questions in relation to the fees, please contact UniConnect or more information is available on StudyAssist.

Please note: international students should refer to What is an indicative Fee? to get an indicative course cost.

Teaching

AssessmentAssessment Task 1 - Circular Economy Challenge Portfolio (ILO1,2) (30%)|Assessment Task 2 - Circular Economy Case Analysis and Visual Communication (ILO1,2,3,4) (35%)|Assessment Task 3 - Circular Economy Improvement Proposal (ILO3,4) (35%)
TimetableView the lecture timetable | View the full unit timetable

Textbooks

Required

All resources required can be found on MyLO.

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