No offerings have been identified for this subject in 2018

AGB340 Rural Resource Economics (8)


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 Location

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.

Subject information

Duration Grading System School:
One sesssionHD/FLSchool of Agricultural and Wine Sciences

Learning Outcomes

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;


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 2018 CSU Handbook was accurate at the date of publication: 17 November 2017. The University reserves the right to vary the information at any time without notice.