Economics of Sustainability
Approach the topic of sustainability from an economic standpoint. Investigate some of the economic tools and techniques decision-makers draw on to address sustainability problems. Address where climate change fits into this discussion.
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Subjects may require attendance
- 30 Aug 2021
This research-based university in Perth has a strong interdisciplinary focus and a reputation for outstanding teaching and ground-breaking research. With more than 22,000 students and 2,000 staff from over 90 countries, and campuses in Dubai and Singapore, Murdoch embraces free thinking, shared ideas and knowledge to make a difference, and Open Universities Australia is certainly part of that.
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On successful completion of the subject you should be able to:
- more readily understand existing economic perspectives as they pertain to sustainability
- analyse contemporary debates surrounding issues of sustainability and economic development
- engage in contemporary debates surrounding issues of sustainability and economic development.
- Economics and sustainability: An uneasy marriage?
- Economic tools for decision makers
- Economics and climate change
- Economic growth alternatives
- Economics for sustainability
Students must have completed 18 credit points (6 OUA subjects) at Level 1 before enrolling in this subject.
No special requirements
This intensive subject explores the interplay between economics and sustainability. Students will examine the explanatory power and policy impact of the dominant neoclassical economics paradigm in order to understand its benefits and limitations in relation to sustainability. The subject provides an overview of economic tools and techniques for dealing with sustainability problems and introduces alternative economic perspectives, which challenge economic orthodoxy.
Please Note: All students studying at Murdoch University will need to complete the compulsory unit, Murdoch Academic Passport (MAP100), which only takes 2-3 hours to complete online. Find out more: http://goto.murdoch.edu.au/MurdochAcademicPassport.
All assessment work goes beyond mere comprehension and reproduction of unit content. Students are required to critically engage with the unit content, which challenges assumptions and ways of thinking. Class activities and discussions serve the purpose of exploring the contested terrain of economics and sustainability. The written assignment asks students to develop a robust theoretical grounding and to translate and apply economic theory to current affairs and contemporary sustainability concerns.
- Final Invigilated Exam (30%)
- Written Assignment (30%)
- Online Participation (15%)
- Online quizzes (25%)
Check the learning management system (LMS) of your university for textbook details.