AGB440 Rural Resource Economics (Post Graduate) (8)
CSU Discipline Area: Agribusiness/Farm Management (AGFAR)
Duration: One session
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
| Session 1 | |
|---|---|
| Internal | Orange |
| Distance | Orange |
Continuing students should consult the SAL for current offering details: AGB440
Where differences exist between the Handbook and the SAL, the SAL should be taken as containing the correct subject offering details.
Enrolment restrictions:
Students who have completed AGB340 are restricted from enrolling into this subject.
Objectives:
Upon successful completion of this subject, students should:
- Be able to describe and analyse rural resource use issues in terms of their economic ramifications;
- be able to analyse elements of environmental and resource economics so that accurate intrepretation of environmental and resource use issues in an economic context can be discussed;
- be able to develop 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 and critically evaluate environmental aspects of national and international development
Syllabus:
The subject will cover the following topics:
- 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.