Program Overview

Natural Resource Economics Unit (BEA207)

Introduction

The Natural Resource Economics unit (BEA207) explores the practical issues of resource management using international, Australian, and Tasmanian case studies. The unit focuses on the sustainable yield of fisheries, the management of forests for multiple uses, and non-renewable resources such as mining. Students learn to apply economic concepts to analyze the causes of resource degradation and evaluate alternative policy options to resolve resource management problems.

Summary

• Unit name: Natural Resource Economics
• Unit code: BEA207
• Credit points: 12.5
• College/School: Tasmanian School of Business and Economics
• Discipline: Economics
• Coordinator: Associate Professor Satoshi Yamazaki
• Available as an elective: Yes
• Delivered By: University of Tasmania
• Level: Intermediate

Sustainable Development Goals

The unit aligns with the following UN Sustainable Development Goals:

• (Goals not specified in the input)

Availability

• Location: Hobart, Online
• Study period: Semester 1
• Attendance options: On-campus, Off-Campus
• Available to: International students, Domestic students

Key Dates

• Study Period: Semester 1
• Start date: 23/2/2026
• Census date: 17/3/2026
• WW date: 20/4/2026
• End date: 14/6/2026

Learning Outcomes

• Examine environmental and natural resource issues and policies using the economic way of thinking.
• Apply economic concepts and techniques to analyze environmental and natural resource issues and critically evaluate policy responses.
• Analyze environmental and resource problems as failures of the economic system to properly coordinate people's incentives and actions.
• Communicate economics in oral and written format.

Fee Information

• Field of Education:
• Commencing Student Contribution: $2,174.00
• Grandfathered Student Contribution: $1,703.00
• Approved Pathway Course Student Contribution: Not applicable
• Domestic Full Fee: $2,862.00

Requisites

Mutual Exclusions

• You cannot enrol in this unit as well as BEA308.

Teaching

• Assessment:
  • Presentation (10%)
  • Short Answer Questions (20%)
  • Research Paper (30%)
  • Take home Examination (40%)
• Timetable: View the lecture timetable and full unit timetable.
• Textbooks: Required readings will be listed in the unit outline prior to the start of classes.

Note

The University reserves the right to amend or remove courses and unit availabilities as appropriate.