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Economic theory and tools will be applied to the study of the environment and policy. In particular this course will examine how economists look for least cost ways of achieving environmental objectives even if those objectives are not set according to cost benefit analysis. This course will examine how market, incentive based regulatory mechanisms affect environmental outcomes and how the economy and the environment interact.
At the end of this course students will be able to demonstrate:1. an understanding of how market, incentive-based and regulatory mechanisms affect environmental outcomes.2. how marginal analysis is applied to environmental issues; and3. an understanding of the interaction between the economy and the environment.
ECON104
Stephen Hickson
Hanley, Nick. , Shogren, Jason F., White, Ben; Introduction to environmental economics ; Oxford University Press, 2001.
Domestic fee $630.00
International fee $2,775.00
* All fees are inclusive of NZ GST or any equivalent overseas tax, and do not include any programme level discount or additional course-related expenses.
For further information see Department of Economics and Finance .