Elements of Environmental Economics

UNSW Sydney

Course Description

  • Course Name

    Elements of Environmental Economics

  • Host University

    UNSW Sydney

  • Location

    Sydney, Australia

  • Area of Study


  • Language Level

    Taught In English

  • Course Level Recommendations


    ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.

    Hours & Credits

  • Credit Points

  • Recommended U.S. Semester Credits
    3 - 4
  • Recommended U.S. Quarter Units
    4 - 6
  • Overview

    This course provides an introduction to markets and market failure in the context of the environment. Students learn the reasons behind why environmental problems exist, and economic solutions to these problems, which include regulations, taxes, subsidies, and pollution permit trading schemes. Methods for determining the benefits and costs of environmental preservation are covered. While controversial at times, such accounting is fundamental to social decision making. One goal of the course is to make students aware that the answer to environmental issues is not as simple as "save the planet", and that there are other perspectives, complexities and trade-offs that have to be taken into account.

Course Disclaimer

Courses and course hours of instruction are subject to change.

Credits earned vary according to the policies of the students' home institutions. According to ISA policy and possible visa requirements, students must maintain full-time enrollment status, as determined by their home institutions, for the duration of the program.


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