AGB340 Rural Resource Economics (8)
CSU Discipline Area: Agribusiness/Farm Management (AGFAR)
Duration: One sesssion
Abstract:
This subject introduces economic theory and tools to understand the principles and practices for the management of agricultural and natural resources in Australian and other contexts.
+ Subject Availability Modes and Locations
No offerings have been identified for this subject in 2013.Continuing students should consult the SAL for current offering details prior to contacting their course coordinator: AGB340
Where differences exist between the handbook and the SAL, the SAL should be taken as containing the correct subject offering details.
Objectives:
Upon successful completion of this subject, students should:
-Be able to describe rural resource use issues in terms of their economic ramifications;
-be able to demonstrate an understanding of the elements of environmental and resource economics so that they can interpret environmental and resource use issues in an economic context;
- be able to suggest appropriate economic tools and techniques for pollution control, optimal use of natural resources and salinity management in an Australian and other contexts; and
- be able to demonstrate critically on environmental aspects of national and international development;
Syllabus:
The subject will cover the following topics:
- A revision of micro-economics and welfare theory in relation to resource allocation problems such as market failure, externality, public good, property rights and policies. - Theories of economics as applied to pollution control, optimal depletion of natural resources (minerals and fishery) and forest harvesting (rotation) systems. - Property right institutions and policy instruments with respect for the efficient use of water and land resources. - Characteristics of different regulatory and market or incentive based policy instruments available for the management of salinity in the Australian environment. - Techniques that can be employed to assess non-market benefits (and costs) related to salinity and other resource management problems. - Issues related to agricultural development and resource management in developing countries. - Applying the skills learned in a variety of environmental and resource use problems as case studies.
The information contained in the 2013 CSU Handbook was accurate at the date of publication: 24 April 2013. The University reserves the right to vary the information at any time without notice.