GEOG 2134 - Resource Scarcity and Allocation
North Terrace Campus - Semester 1 - 2017
General Course Information
Course Code GEOG 2134 Course Resource Scarcity and Allocation Coordinating Unit Geography, Environment and Population Term Semester 1 Level Undergraduate Location/s North Terrace Campus Units 3 Contact Up to 3 hours per week Available for Study Abroad and Exchange Y Prerequisites At least 12 units of level 1 undergraduate study Incompatible GEST 2034, GEST 2021 or GEST 3021 Course Description The course examines how society makes decisions about the allocation of scarce and uncertain resources when human desires for the use of the resources are limitless. The course first discusses resource allocation criteria that can be considered when natural resource (re)allocation policies, projects or plans are evaluated. The course then introduces some basic economic concepts and principles (eg opportunity cost, marginal analysis and property rights) that serve as a tool to analyse and evaluate resource allocation options. The primary concern of the course is over the interpersonally, intertemporally efficient allocation of non-renewable and renewable natural resources, including water resources, minerals, energy resources and forests, in an Australian context. The course also considers social justice and ecological sustainability in the exploitation of natural resources.
Course Coordinator: Dr Jungho Suh
The full timetable of all activities for this course can be accessed from Course Planner.
Course Learning Outcomes
1 Demonstrate a sound understanding of the economically adopted paradigms about the efficient and sustainable use of natural resources. 2 Identify principal criteria for designing and evaluating natural resource management schemes. 3 Evaluate the competing uses of natural resources (e.g. forests, fresh water, fisheries, non-renewable resources). 4 Critically analyse natural resource management policies, by way of various case studies. 5 Present logical and coherent written arguments based on evidence. 6 Communicate ideas through class participation.
University Graduate Attributes
No information currently available.
Required ResourcesField, B.C. 2016, Natural Resource Economics: An Introduction, 3rd edn, Waveland, Long Grove, Illinois.
Recommended ResourcesTo be advised
Online LearningMyUni will provide you with access to course materials, announcements and many other features to help manage your study. You are advised to regularly visit the MyUni website for the course to receive course announcements and reminders.
Learning & Teaching Activities
Learning & Teaching ModesAlthough the lectures are intended to help you understand the key concepts discussed in the textbook, the lectures aim to add value and not just to regurgitate the text. Some material presented in lectures may come from diverse other sources. The lecture PowerPoint slides will be posted, in pdf format, to the course MyUni webpage progressively after lectures. That way, you are free from having to reproduce the material in the Powerpoint slides during lectures. However, much detail will be conveyed to the audience verbally. All material covered in lectures are examinable. Therefore, it is imperative that you attend lectures and take notes.
The information below is provided as a guide to assist students in engaging appropriately with the course requirements.
1 x 2-hour lecture (or equivalent) per week 24 hours per semester 1 x 1-hour tutorial (or equivalent) per week 12 hours per semester 3 hours reading per week 36 hours per semester 4 hours assignment preparation per week 48 hours per semester 3 hours exam preparation per week 36 hours per semester TOTAL WORKLOAD 156 hours per semester
Learning Activities Summary
* The sequence of lectures is subject to change.
Schedule Week 1 Resource scarcity and allocation criteria Week 2 Property rights and resource allocation Week 3 Marine fisheries Week 4 Forests Week 5 Water allocation, pricing and trading Week 6 Water allocation, pricing and trading Week 7 Agriculture Week 8 Biodiversity and wildlife Week 9 Minerals / Waste recycling / Energy resources Week 10 Community-based natural resource management Week 11 Multi-objective decision-support systems Week 12 Course summary / Exam preparation
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- Assessment must encourage and reinforce learning.
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Assessment SummaryThe assessment for the course is based on four components. Your grade will be determined by the aggregate mark that comprises of these components. The following table shows the percentage weightings of the graded work required by the course, and how the assessment activities are linked to the course learning outcomes.
Assessment Task Task Type Weighting (%) Course learning Outcomes Tutorial participation Formative and Summative 10 1,2,3,4,5,6 Academic essay Formative and Summative 40 1,2,3,4,5 Mid-semester test Summative 10 1,2,3,4,5 Exam Summative 40 1,2,3,4,5
Assessment DetailTutorial participation (10%): students are expected to attend and participate in all tutorials.
2500 word essay (40%): students submit an essay on a chosen topic.
Mid-semester test (10%): a closed-book written test is held in a tutorial class. Students are required to answer one short essay question for 30 minutes in writing.
Exam (40%): closed-book exam covering all aspects of the course.
SubmissionInformation available on enrolment.
Grades for your performance in this course will be awarded in accordance with the following scheme:
M10 (Coursework Mark Scheme) Grade Mark Description FNS Fail No Submission F 1-49 Fail P 50-64 Pass C 65-74 Credit D 75-84 Distinction HD 85-100 High Distinction CN Continuing NFE No Formal Examination RP Result Pending
Further details of the grades/results can be obtained from Examinations.
Grade Descriptors are available which provide a general guide to the standard of work that is expected at each grade level. More information at Assessment for Coursework Programs.
Final results for this course will be made available through Access Adelaide.
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