Year
2020
Units
4.5
Contact
1 x 2-hour lecture weekly
1 x 1-hour tutorial weekly
Prerequisites
BUSN1013 - Economics for Business
Enrolment not permitted
1 of BUSN2012, ENVS8006 has been successfully completed
Course context
Bachelor of Business; Bachelor of Commerce
Topic description
The aim of this topic is to provide students with a solid foundation in the fundamentals of sustainable resource management, particularly in connection with 'triple bottom line' issues in organisational planning and implementation. The topic deals with the basic fundamentals of the management of resources impacting social, environmental, ethical and economic performance relevant to an organisation's sustainable practice.
Educational aims
The aim of this topic is to provide students with a solid understanding of the fundamentals of sustainable resource management, in particular, the basic skills required to deal with environmental issues from an economic perspective.
Expected learning outcomes
Students must be able to identify environmental economic problems, the reasons for their existence, and the economic instruments applicable to their resolution. They must also demonstrate that they are adequately conversant with environmental economics data (in particular its strengths and weaknesses), national accounting statistics, and alternative economic indicators. By combining an understanding of the fundamentals of environmental economics and the knowledge of environmental indicators, students will be expected to identify appropriate policy solutions to environmental problems.