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GEOG 7004 - Environmental Economics and Policy

North Terrace Campus - Semester 1 - 2024

This course introduces various environmental policy instruments in response to contemporary local and global environmental problems and discusses the economic concepts and principles embedded in the policy instruments. The course examines conventional command-and-control strategies and an array of pollution control alternatives that are based on market incentives. The course investigates more decentralised approaches including property rights approach, (e.g. community-based environmental management). The course also discusses ecological approaches including precautionary principle and safe minimum standard.

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