ECONS307-21A (HAM)

Economics of Land, Water and Environment

15 Points

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Division of Management
School of Accounting, Finance and Economics

Staff

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Convenor(s)

Lecturer(s)

Administrator(s)

: denise.martin@waikato.ac.nz

Placement/WIL Coordinator(s)

Tutor(s)

Student Representative(s)

Lab Technician(s)

Librarian(s)

: clive.wilkinson@waikato.ac.nz

You can contact staff by:

  • Calling +64 7 838 4466 select option 1, then enter the extension.
  • Extensions starting with 4, 5, 9 or 3 can also be direct dialled:
    • For extensions starting with 4: dial +64 7 838 extension.
    • For extensions starting with 5: dial +64 7 858 extension.
    • For extensions starting with 9: dial +64 7 837 extension.
    • For extensions starting with 3: dial +64 7 2620 + the last 3 digits of the extension e.g. 3123 = +64 7 262 0123.
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Paper Description

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This paper provides students with a detailed understanding of the role of economic analysis in solving the real world problems that affect our land, water and environment. Topics covered include pollution, sustainability, resource scarcity, and climate change.
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Paper Structure

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The paper is taught through a combination of lectures, class discussions, case studies, computer labs and workshop exercises. If alert levels change the paper may be taught fully on-line.

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Learning Outcomes

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Students who successfully complete the paper should be able to:

  • Discuss and demonstrate how the economy and the environment interact
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  • Use economic reasoning and techniques to discuss, analyse and write about environmental issues
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  • Describe and apply economic theory, concepts and methods in the field of environmental and natural resources economics
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  • Discuss and demonstrate how the economic concepts of property rights, externalities and non-excludability are linked to environmental problems
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  • Critically evaluate arguments for both regulatory and market-based solutions to environmental problems
    Linked to the following assessments:
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Assessment

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Assessment Components

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The internal assessment/exam ratio (as stated in the University Calendar) is 100:0. There is no final exam. The final exam makes up 0% of the overall mark.

The internal assessment/exam ratio (as stated in the University Calendar) is 100:0 or 0:0, whichever is more favourable for the student. The final exam makes up either 0% or 0% of the overall mark.

Component DescriptionDue Date TimePercentage of overall markSubmission MethodCompulsory
1. Test
7 Apr 2021
2:00 PM
20
  • Online: Submit through Moodle
2. Assignment
1 Apr 2021
11:00 PM
15
  • Online: Submit through Moodle
3. Workshop Exercises 1
15 Apr 2021
11:00 PM
10
  • Online: Submit through Moodle
4. Group Project
23 May 2021
11:00 PM
15
  • Online: Submit through Moodle
5. Workshop Exercises 2
2 Jun 2021
4:00 PM
10
  • Online: Submit through Moodle
6. Final Test
30
  • In Class: In Test
Assessment Total:     100    
Failing to complete a compulsory assessment component of a paper will result in an IC grade
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Required and Recommended Readings

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Required Readings

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Details for required readings can be viewed on the Library Reading List Page (enter ECONS307 to search for reading list)

Tietenberg , T. & Lewis, L. (2018) Environmental and Natural Resource Economics. Pearson. Earlier editions authored by Tietenberg only, can also be used.

Buy a copy from Campus Books or other bookshops, there are also copies in the university library.

Tietenberg (2018) is available as a multi user e-book here. If all copies are in use try the 2014 edition here

Student Resources for Tietenberg (including quizzes) are available here

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Recommended Readings

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Details and links for required readings (where available) can be viewed here (enter ECONS307 to search for reading list)

Some texts which you may find useful are detailed below (look in the HC79.E5 and HD75.6 classifications in the library). Most of these books have been published in several editions, the most recent editions will be best, but any edition from the last ten years will cover most of the key areas.

Field, B. C. (2009) Environmental Economics: An Introduction, McGraw Hill.

Harris, J. M. (2018) Environmental and Natural Resource Economics

Stavins, R. N. (2019) Economics of the Environment

Periodicals Follow current issues and debates by reading newspapers and The Economist.

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Other Resources

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Guides - Using Spreadsheets, Graphs and Equations, Essay Writing

University of Waikato - Mathematics Resources - Student Learning

Video - how to graph supply and demand

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Online Support

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Online resources can be accessed via Moodle. If you have a problem accessing any information then please contact the WMS Helpdesk.

wms_helpdesk@waikato.ac.nz or 07 838 4599

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Workload

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This is a 15 point paper with an expected total work load of 150 hours over the 15 weeks of the semester.

Overall you should spend an average of 10 hours per week in studying the topics for each week, completing workshop activities and assignments and preparing and completing tests .

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Linkages to Other Papers

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Note any linkages to other papers where the linkage is of importance.
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Prerequisite(s)

Prerequisite papers: ECON100 or ECON110 or ECONS101 or ECONS102

Corequisite(s)

Equivalent(s)

Restriction(s)

Restricted papers: ECON315, ECON415 and ECONS204

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