General Information
This subject considers the economics of sustainability from a broader base of analysis and evaluation than the traditional focus of economics. In this analysis sustainability pays attention to comprehensive outcomes of events and actions insofar as they can be anticipated at present and takes a longer term view of the process and results in the community. It examines the environmental aspect with the ecological footprint, environmental issues and includes social factors embodied in the triple bottom linestandards for urban and community effects.
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Details
Academic unit: Faculty of Society & Design Subject code: SSUD71-211 Subject title: Economics of Sustainable Development Subject level: Postgraduate Semester/Year: May 2019 Credit points: 10.000 -
Delivery & attendance
Timetable: https://bond.edu.au/timetable Delivery mode: Intensive Workload items: - Seminar: x2 (Total hours: 14) - Seminar 3
- Personal Study Hours: x12 (Total hours: 78) - Recommended Study Hours
- Seminar: x2 (Total hours: 14) - Seminar 1
- Seminar: x2 (Total hours: 14) - Seminar 2
Attendance and learning activities: Attendance at all classes is required. -
Resources
Prescribed resources: Journals
- Femia, A., Hinterberger, F. & Luks, F. (1999). Ecological economic policy for sustainable development. Available at: http://goo.gl/pO3aNs
- Giddings, B., Hopwood, B. & O'Brien, G. (2002). Sustainable Development. Environment, economy and society: Fitting them together into sustainable development. 187
- Pezey, J.C.V. & Toman, M.A (2002). The economics of sustainability: A review of journal articles. Available at: http://goo.gl/Xo82aY
- Robertson, J. (2005). The economics of sustainable development: A briefing for policy makers. Available at: http://goo.gl/kyQy7t
iLearn@Bond & Email: iLearn@Bond is the online learning environment at Bond University and is used to provide access to subject materials, lecture recordings and detailed subject information regarding the subject curriculum, assessment and timing. Both iLearn and the Student Email facility are used to provide important subject notifications. Additionally, official correspondence from the University will be forwarded to students’ Bond email account and must be monitored by the student. To access these services, log on to the Student Portal from the Bond University website as www.bond.edu.au
Class recordings: The primary workload items for this subject will be recorded for the purpose of revision.
These recordings are not a substitute for attending classes. Students are encouraged to attend all sessions as there may be instances where a session is not recorded due to the presence of a guest speaker, the inclusion of sensitive or protected content, or technical issues. Students are advised not to rely solely on these recordings for revision.
See the Recording policy for further details.
| Academic unit: | Faculty of Society & Design |
|---|---|
| Subject code: | SSUD71-211 |
| Subject title: | Economics of Sustainable Development |
| Subject level: | Postgraduate |
| Semester/Year: | May 2019 |
| Credit points: | 10.000 |
| Timetable: | https://bond.edu.au/timetable |
|---|---|
| Delivery mode: | Intensive |
| Workload items: |
|
| Attendance and learning activities: | Attendance at all classes is required. |
| Prescribed resources: | Journals
|
|---|---|
| iLearn@Bond & Email: | iLearn@Bond is the online learning environment at Bond University and is used to provide access to subject materials, lecture recordings and detailed subject information regarding the subject curriculum, assessment and timing. Both iLearn and the Student Email facility are used to provide important subject notifications. Additionally, official correspondence from the University will be forwarded to students’ Bond email account and must be monitored by the student. To access these services, log on to the Student Portal from the Bond University website as www.bond.edu.au |
| Class recordings: | The primary workload items for this subject will be recorded for the purpose of revision. These recordings are not a substitute for attending classes. Students are encouraged to attend all sessions as there may be instances where a session is not recorded due to the presence of a guest speaker, the inclusion of sensitive or protected content, or technical issues. Students are advised not to rely solely on these recordings for revision. See the Recording policy for further details. |
Enrolment requirements
| Requisites: |
Nil |
|---|---|
| Assumed knowledge: |
Assumed knowledge is the minimum level of knowledge of a subject area that students are assumed to have acquired through previous study. It is the responsibility of students to ensure they meet the assumed knowledge expectations of the subject. Students who do not possess this prior knowledge are strongly recommended against enrolling and do so at their own risk. No concessions will be made for students’ lack of prior knowledge.
|
| Restrictions: |
Nil |
Assurance of learning
Assurance of Learning means that universities take responsibility for creating, monitoring and updating curriculum, teaching and assessment so that students graduate with the knowledge, skills and attributes they need for employability and/or further study.
At Bond University, we carefully develop subject and program outcomes to ensure that student learning in each subject contributes to the whole student experience. Students are encouraged to carefully read and consider subject and program outcomes as combined elements.
Program Learning Outcomes (PLOs)
Program Learning Outcomes provide a broad and measurable set of standards that incorporate a range of knowledge and skills that will be achieved on completion of the program. If you are undertaking this subject as part of a degree program, you should refer to the relevant degree program outcomes and graduate attributes as they relate to this subject.
Subject Learning Outcomes (SLOs)
On successful completion of this subject the learner will be able to:
- Demonstrate an understanding of the historical development of sustainability concepts.
- Identify and apply fundamental economic concepts relating to sustainable development.
- Demonstrate an understanding of the key environmental, social and economic issues that are relevant to contemporary sustainability issues.
- Critically evaluate issues relating to sustainability and the role of economics in sustainable development.
- Apply economic concepts to critically analyse sustainability case studies.
Generative Artificial Intelligence in Assessment
The University acknowledges that Generative Artificial Intelligence (Gen-AI) tools are an important facet of contemporary life. Their use in assessment is considered in line with students’ development of the skills and knowledge which demonstrate learning outcomes and underpin study and career success. Instructions on the use of Gen-AI are given for each assessment task; it is your responsibility to adhere to these instructions.
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Assessment details
Type Task % Timing* Outcomes assessed Paper-based Examination (Closed) Closed-book final examination to be held centrally 50.00% Final Examination Period 1, 2, 3, 4, 5 Written Report Research paper with an oral presentation due in class in the second intensive session 50.00% Week 12 1, 2, 3, 4, 5 - * Assessment timing is indicative of the week that the assessment is due or begins (where conducted over multiple weeks), and is based on the standard University academic calendar
- C = Students must reach a level of competency to successfully complete this assessment.
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Assessment criteria
Assessment criteria
High Distinction 85-100 Outstanding or exemplary performance in the following areas: interpretative ability; intellectual initiative in response to questions; mastery of the skills required by the subject, general levels of knowledge and analytic ability or clear thinking. Distinction 75-84 Usually awarded to students whose performance goes well beyond the minimum requirements set for tasks required in assessment, and who perform well in most of the above areas. Credit 65-74 Usually awarded to students whose performance is considered to go beyond the minimum requirements for work set for assessment. Assessable work is typically characterised by a strong performance in some of the capacities listed above. Pass 50-64 Usually awarded to students whose performance meets the requirements set for work provided for assessment. Fail 0-49 Usually awarded to students whose performance is not considered to meet the minimum requirements set for particular tasks. The fail grade may be a result of insufficient preparation, of inattention to assignment guidelines or lack of academic ability. A frequent cause of failure is lack of attention to subject or assignment guidelines. Quality assurance
For the purposes of quality assurance, Bond University conducts an evaluation process to measure and document student assessment as evidence of the extent to which program and subject learning outcomes are achieved. Some examples of student work will be retained for potential research and quality auditing purposes only. Any student work used will be treated confidentially and no student grades will be affected.
| Type | Task | % | Timing* | Outcomes assessed |
|---|---|---|---|---|
| Paper-based Examination (Closed) | Closed-book final examination to be held centrally | 50.00% | Final Examination Period | 1, 2, 3, 4, 5 |
| Written Report | Research paper with an oral presentation due in class in the second intensive session | 50.00% | Week 12 | 1, 2, 3, 4, 5 |
- * Assessment timing is indicative of the week that the assessment is due or begins (where conducted over multiple weeks), and is based on the standard University academic calendar
- C = Students must reach a level of competency to successfully complete this assessment.
Assessment criteria
| High Distinction | 85-100 | Outstanding or exemplary performance in the following areas: interpretative ability; intellectual initiative in response to questions; mastery of the skills required by the subject, general levels of knowledge and analytic ability or clear thinking. |
|---|---|---|
| Distinction | 75-84 | Usually awarded to students whose performance goes well beyond the minimum requirements set for tasks required in assessment, and who perform well in most of the above areas. |
| Credit | 65-74 | Usually awarded to students whose performance is considered to go beyond the minimum requirements for work set for assessment. Assessable work is typically characterised by a strong performance in some of the capacities listed above. |
| Pass | 50-64 | Usually awarded to students whose performance meets the requirements set for work provided for assessment. |
| Fail | 0-49 | Usually awarded to students whose performance is not considered to meet the minimum requirements set for particular tasks. The fail grade may be a result of insufficient preparation, of inattention to assignment guidelines or lack of academic ability. A frequent cause of failure is lack of attention to subject or assignment guidelines. |
Quality assurance
For the purposes of quality assurance, Bond University conducts an evaluation process to measure and document student assessment as evidence of the extent to which program and subject learning outcomes are achieved. Some examples of student work will be retained for potential research and quality auditing purposes only. Any student work used will be treated confidentially and no student grades will be affected.
Study Information
Submission procedures
Students must check the iLearn@Bond subject site for detailed assessment information and submission procedures.
Policy on late submission and extensions
A late penalty will be applied to all overdue assessment tasks unless an extension is granted by the subject coordinator. The standard penalty will be 10% of marks awarded to that assessment per day late with no assessment to be accepted seven days after the due date. Where a student is granted an extension, the penalty of 10% per day late starts from the new due date.
Academic Integrity
University’s Academic Integrity Policy defines plagiarism as the act of misrepresenting as one’s own original work: another’s ideas, interpretations, words, or creative works; and/or one’s own previous ideas, interpretations, words, or creative work without acknowledging that it was used previously (i.e., self-plagiarism). The University considers the act of plagiarising to be a breach of the Student Conduct Code and, therefore, subject to the Discipline Regulations which provide for a range of penalties including the reduction of marks or grades, fines and suspension from the University.
Bond University utilises Originality Reporting software to inform academic integrity.Feedback on assessment
Feedback on assessment will be provided to students within two weeks of the assessment submission due date, as per the Assessment Policy.
Accessibility and Inclusion Support
If you have a disability, illness, injury or health condition that impacts your capacity to complete studies, exams or assessment tasks, it is important you let us know your special requirements, early in the semester. Students will need to make an application for support and submit it with recent, comprehensive documentation at an appointment with a Disability Officer. Students with a disability are encouraged to contact the Disability Office at the earliest possible time, to meet staff and learn about the services available to meet your specific needs. Please note that late notification or failure to disclose your disability can be to your disadvantage as the University cannot guarantee support under such circumstances.
Additional subject information
CLASS REPRESENTATIVE: At a point during the first intensive class session, students will be asked to choose a class representative. The role of a class representative is to serve as a communication channel between students enrolled in a subject and the subject's faculty member. Ideally, all students will communicate with faculty members directly; however, given the multicultural student body at Bond, there may be students who require non-direct communication channels. The class representative position is a leadership position requiring high levels of interpersonal communication skill. As part of the requirements for quality accreditations, the faculty has commenced an evaluation process to measure and document student assessment as evidence of the extent to which program and subject learning outcomes are achieved. Some examples of student work will be retained for potential research and quality auditing purposes only. Any student work used will be treated confidentially and no student grades will be affected.
Subject curriculum
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Week 2 - Thursday
Introduction to economics of sustainable development; history of sustainable development; conventional economics versus sustainability economics.
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Week 2 - Friday
Implications of various types of markets on sustainability; an overview of positive and negative externalities; a comparison between different types of market mechanisms for mitigating emissions.
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Week 2 - Saturday
A comparison between different types of energy sources; an overview of different energy policies and pricing.
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Week 7 - Thursday
Student presentations; an overview of peak oil and gas from an economic perspective.
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Week 7 - Friday
Guest lecture; key drivers and challenges for implementing sustainability for public and private sectors.
SLOs included
- Demonstrate an understanding of the historical development of sustainability concepts.
- Identify and apply fundamental economic concepts relating to sustainable development.
- Demonstrate an understanding of the key environmental, social and economic issues that are relevant to contemporary sustainability issues.
- Critically evaluate issues relating to sustainability and the role of economics in sustainable development.
- Apply economic concepts to critically analyse sustainability case studies.
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Week 7 - Saturday
Key drivers and challenges for implementing sustainability for community members.
SLOs included
- Demonstrate an understanding of the historical development of sustainability concepts.
- Identify and apply fundamental economic concepts relating to sustainable development.
- Demonstrate an understanding of the key environmental, social and economic issues that are relevant to contemporary sustainability issues.
- Critically evaluate issues relating to sustainability and the role of economics in sustainable development.
- Apply economic concepts to critically analyse sustainability case studies.