Environmental and Resource Economics

This program provides the tools of economic analysis at an advanced level and applies them to policy issues with a focus on environmental and resource economics. Areas of specialisation covered in elective courses include: agricultural and resource economics, cost-benefit analysis, economic development, quantitative methods, economic regulation, and environmental and natural resource policy. A common theme across these courses is the integration of environmental and resource decisions into the broader context of national and international economic policy. Graduates find ready employment with universities, national and international policy agencies, leading corporations and civil society organisations.

Career Options

Learning Outcomes

Upon successful completion, students will have the skills and knowledge to:

1. use advanced tools to analyse the economic effects of policy change and to formulate economic policies
2. understand the issues in the coordination of policies in environmental and resource economics
3. access the academic literature in applied economics and economic policy
4. undertake independent research in applied economics and policy, especially in environmental and resource economics

Cognate disciplines

Applied Economics, Econometrics, Economic Policy, Economics, Engineering, Mathematics, Statistics

Admission Requirements

A Bachelor degree or international equivalent.

All applicants must meet the University's English Language Admission Requirements for Students

Applicants with a Bachelor degree in a cognate discipline may be eligible for up to 24 units of credit. 

Applicants with a Graduate Diploma or Honours in a cognate discipline may be eligible for up to 48 units of credit

Students must complete the pre-sessional component before continuing to the preliminary component.

Students must achieve a minimum 50% weighted average mark in the initial component to continue to the concluding component.

Students who do not achieve a minimum 50% weighted average mark in the initial component will be transferred to the Graduate Diploma of Public Policy.

The Master of Environmental and Resource Economics requires the completion of 96 units, which must consist of:

Completion of the following pre-sessional component:

CRWF6900 Graduate Academic and Research Skills for Public Policy

Either:

IDEC6900 Graduate Preparatory Microeconomics

IDEC6907 Graduate Preparatory Mathematical Methods

Or:

IDEC6905 Graduate Preparatory Macroeconomics

IDEC6906 Graduate Preparatory Econometrics

48 units from completion of the following initial component:

36 units from completion of the following compulsory courses:

IDEC8001 Applied Economics: Cost/Benefit Analysis

IDEC8002 Macroeconomic Analysis and Policy

IDEC8015 Mathematical Methods in Applied Economics

IDEC8016 Microeconomic Analysis and Policy

IDEC8017 Econometric Techniques

IDEC8029 Issues in Applied Microeconomics

6 units from completion of a course from the following list:

EMDV8078 Introduction to Environmental and Resource Economics

IDEC8003 Issues in Development Policy

IDEC8030 Issues in Applied Macroeconomics

6 units from completion of an environmental course from the following list:

EMDV8007 Environmental Policy and Communications

EMDV8013 Issues in Development and Environment

EMDV8026 Introduction to Environmental Science

EMDV8101 State, Society and Natural Resources

EMDV8108 Applied Environmental and Resource Management

48 units from completion of the following concluding component:

24 units from completion of the following compulsory courses:

CRWF8000 Government, Markets and Global Change

IDEC8018 Agricultural Economics and Resource Policy

IDEC8053 Environmental Economics

IDEC8064 Masters Microeconomics

6 units from completion of a research project or skills course from the following list:

IDEC8011 Masters Research Essay

IDEC8023 Case Studies in Applied Economics

IDEC8026 Quantitative Policy Impact Evaluation

A minimum of 6 units from completion of an economics or econometrics course from the following list:

ECON8010 The Economics of Taxation and Redistribution

ECON8015 International Economics

ECON8022 Macroeconomic Theory (Master)

ECON8038 Industrial Organisation

ECON8047 Law and Economics

ECON8050 Economic Growth

EMET8001 Applied micro-econometrics

EMET8010 Applied Macro and Financial Econometrics

EMET8012 Business and Economic Forecasting

EMET8014 Fundamentals of Econometric Methods

IDEC8007 Aid and Development Policy

IDEC8008 Open Economy Macroeconomics, Finance, and Development

IDEC8009 Trade, Development and the Asia Pacific Economy

IDEC8010 Quantitative International Economics

IDEC8011 Masters Research Essay

IDEC8012 Monetary Policy and Central Banking in the Asia Pacific

IDEC8014 Banking, Finance and Monetary Policy in the Asia Pacific Region

IDEC8020 Applied Economic Dynamics

IDEC8022 Economic Development

IDEC8023 Case Studies in Applied Economics

IDEC8025 Empirical Public Finance

IDEC8026 Quantitative Policy Impact Evaluation

IDEC8027 Infrastructure Regulation Economics and Policy

IDEC8028 The Microeconomics of Development

IDEC8068 Macroeconomic Policy and Implementation

IDEC8081 The Economics of Incentives and Institutions

IDEC8088 Applied Economics: Cost/Benefit Analysis

A maximum of 12 units from completion of courses from the following list:

CRWF8004 Case Studies in Economic Policy

CRWF8006 International Climate Change Policy and Economics

CRWF8009 Energy Politics and Governance

CRWF8011 The Global Trading System

CRWF8014 Domestic climate change policy and economics

CRWF8016 Food Wars: Food Security and Agricultural Policy

CRWF8017 Energy Economics

EMDV8001 Environmental Sustainability, Health and Development

EMDV8002 Methods for Environmental Decision-Making

EMDV8007 Environmental Policy and Communications

EMDV8104 Environmental Governance

POGO8004 Poverty Reduction

POGO8057 Managing Government Finances

POGO8076 Corruption and Anti-corruption

Students must complete the pre-sessional component before continuing to the preliminary component.

Students must achieve a minimum 50% weighted average mark in the initial component to continue to the concluding component.

Students who do not achieve a minimum 50% weighted average mark in the initial component will be transferred to the Graduate Diploma of Public Policy.

A Bachelor degree or international equivalent.

All applicants must meet the University's English Language Admission Requirements for Students

Applicants with a Bachelor degree in a cognate discipline may be eligible for up to 24 units of credit. 

Applicants with a Graduate Diploma or Honours in a cognate discipline may be eligible for up to 48 units of credit

Students must complete the pre-sessional component before continuing to the preliminary component.

Students must achieve a minimum 50% weighted average mark in the initial component to continue to the concluding component.

Students who do not achieve a minimum 50% weighted average mark in the initial component will be transferred to the Graduate Diploma of Public Policy.

ANU offers a wide range of scholarships to current and future students to assist with the cost of their studies. The University is committed to enabling all students, regardless of their background, to achieve their best at ANU and realise their potential. 

Eligibility for ANU scholarships varies depending on the specifics of the scholarship and can be categorised by the type of student you are.  Specific scholarship application process information is included in the relevant scholarship listing.