Studying online

There are now 2 possible online modes for units:

Units with modes Online timetabled and Online flexible are available for any student to self-enrol and study online.

Click on an offering mode for more details.

Unit Overview


Managing the impact of production processes and human consumption of goods and services on the environment without reducing overall welfare is one of the most challenging issues facing society. This unit introduces students to both current and long-standing issues in natural and environmental resource management and policy. First, it presents basic concepts of natural and environmental resource management. Secondly, it examines economics of mining, fisheries and forestry with an extension to economics of ecosystem services and biodiversity. Thirdly, it examines the economics of pollution control. Finally, it explores non-market valuation techniques in relation to the management of environmental and natural resources. In analysing environmental and natural resource management issues, the unit extensively uses various economic models and valuation techniques.

6 points
(see Timetable)
Semester 1UWA (Perth)Face to face
Semester 1OnlineOnline timetabled
Details for undergraduate courses
  • Honours option in Natural Resource Management [Bachelor of Science (Honours)]

Students are able to (1) understand economic concepts behind natural resource management and policy; (2) critically analyse basic techniques of non-market valuation and apply them in a variety of resource management contexts; and (3) assess the application of economic concepts and policies in environmental management and their growing importance in environmental management decisions.


Indicative assessments in this unit are as follows: (1) quizzes; (2) laboratory assignments; (3) essays; and (4) pre-tutorial task. Further information is available in the unit outline.

Student may be offered supplementary assessment in this unit if they meet the eligibility criteria.

Unit Coordinator(s)
Dr Ram Pandit
Unit rules
Enrolment in
HON-ECONS Economics
or HON-NRMGT Natural Resource Management
or HON-ECNPF Professional Economics
or 61550 Master of Professional Engineering
or 42330 Graduate Diploma in Economics
or 42620 Master of Economics
or 42580 Master of Public Policy
or 72530 Master of Environmental Science
or 62550 Master of Professional Engineering
or 73530 Master of Agricultural Economics
or 62540 Master of Ocean Leadership
Advisable prior study
ECON3300 Agricultural Economics and Marketing
or ECON4001 Agricultural Trade and Commodity Markets
Contact hours
lectures: 2 hours
tutorials: 1 hour
labs: 1 hour (4 hours/week for 12 weeks)
This unit can be taken in the Master of Economics or the Master of Agricultural Economics.

No textbooks are required for the unit. 

Reference books

Perman, R. et al. Natural Resource and Environmental Economics, 4th edn: Pearson Education Limited 2011

Hanley, N. and Barbier, E. B. Pricing Nature: Cost-benefit Analysis and Environmental Policy: Edward Elgar Publishing 2009

  • The availability of units in Semester 1, 2, etc. was correct at the time of publication but may be subject to change.
  • All students are responsible for identifying when they need assistance to improve their academic learning, research, English language and numeracy skills; seeking out the services and resources available to help them; and applying what they learn. Students are encouraged to register for free online support through GETSmart; to help themselves to the extensive range of resources on UWA's STUDYSmarter website; and to participate in WRITESmart and (ma+hs)Smart drop-ins and workshops.
  • Unit readings, including any essential textbooks, are listed in the unit outline for each unit, one week prior the commencement of study. The unit outline will be available via the LMS and the UWA Handbook one week prior the commencement of study. Reading lists and essential textbooks are subject to change each semester. Information on essential textbooks will also be made available on the Essential Textbooks. This website is updated regularly in the lead up to semester so content may change. It is recommended that students purchase essential textbooks for convenience due to the frequency with which they will be required during the unit. A limited number of textbooks will be made available from the Library in print and will also be made available online wherever possible. Essential textbooks can be purchased from the commercial vendors to secure the best deal. The Student Guild can provide assistance on where to purchase books if required. Books can be purchased second hand at the Guild Secondhand bookshop (second floor, Guild Village), which is located on campus.
  • Contact hours provide an indication of the type and extent of in-class activities this unit may contain. The total amount of student work (including contact hours, assessment time, and self-study) will approximate 150 hours per 6 credit points.