A major in Environmental, Agricultural and Resource Economics provides a valuable analytical understanding of how our environment and economy interact, including solutions to a wide range of environmental and climate change problems, and an understanding of the economics of energy, natural resources, and agricultural markets. The major also provides valuable quantitative skills for students interested in economic management of agriculture and other natural resource and energy systems, environmental economics, fishery and forestry economics, ecosystems, conservation and sustainability. Focus is placed on the development of analytical, quantitative and communication skills. It adds considerably to the prospects of students interested in working as applied economists in energy and environmental consulting companies, in commodities and futures markets, merchant and trading banks, public sector regulators and the government, large agribusiness firms, corporate farms, and in the media as economic journalists.
Mathematics is an essential tool in the study of economics. Students entering this major/minor are assumed to have prior knowledge of mathematics equivalent to a minimum result of Band 4 in the NSW Higher School Certificate course, Mathematics Advanced. Students who do not possess the assumed knowledge are strongly advised to enrol in ECON1003 Quantitative Methods in Economics prior to or concurrently with ECON1001 Introductory Microeconomics.
In 2024, some mathematics prerequisites for undergraduate students commencing in Semester 1 2025 were removed.
It has been identified that this curriculum component (Program, Major or Minor) has been affected. To ensure success, make sure you are aware of the required level of mathematics (assumed knowledge) for this curriculum component. Visit the mathematics learning support webpage, to understand your pathway to success, including the sequence of units you should complete and the support services available.
The Environmental, Agricultural and Resource Economics major and minor requirements are listed in the Environmental, Agricultural and Resource Economics unit of study table.
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