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ECO505 - Economics of Sustainability

2023

Sector

Higher Education

Discipline

Business

(ECO504)

Unit Description

Business viability in today's competitive yet sustainability focused markets requires a deeper understanding of relevant economic policies and theory in order to guide strategy and decision making. This unit considers the economics of sustainability and draws on numerous microeconomics and macroeconomics concepts and theories. Students will acquire the knowledge and practical skills for assessing and enhancing long-term environmental and social sustainability of organisations. Students will critically examine emerging research on balancing financial imperatives with the environment and society.

Unit Learning Outcomes

1.	Critically analyse the impacts that changes to economic policies might have on sustainable businesses goals and practices.
2.	Apply economic principles and concepts to identify and solve economic issues related to business sustainability.
3.	Apply economic theories in relation to the United Nations Sustainable Development Goals.
4.	Advise organisations on how they might strategically respond to changes in economic policies.

Assessment Overview

	Assessment Task	Value (of total mark)	Related Learning Outcome/s
1.	Discussion Board Activity (100-200 words)	5%	1 - Critically analyse the impacts that changes to economic policies might have on sustainable businesses goals and practices. 3 - Apply economic theories in relation to the United Nations Sustainable Development Goals.
2.	Written Assessment (800-1000 Words)	20%	1 - Critically analyse the impacts that changes to economic policies might have on sustainable businesses goals and practices. 3 - Apply economic theories in relation to the United Nations Sustainable Development Goals.
3.	Written Assessment (1500 Words)	25%	2 - Apply economic principles and concepts to identify and solve economic issues related to business sustainability. 3 - Apply economic theories in relation to the United Nations Sustainable Development Goals. 4 - Advise organisations on how they might strategically respond to changes in economic policies.
4.	Exam (3 Hours)	50%	1 - Critically analyse the impacts that changes to economic policies might have on sustainable businesses goals and practices. 2 - Apply economic principles and concepts to identify and solve economic issues related to business sustainability. 3 - Apply economic theories in relation to the United Nations Sustainable Development Goals. 4 - Advise organisations on how they might strategically respond to changes in economic policies.

Unit Availability

Year	Semester	Att Mode	Location	Learning Method	Timetable*
2023	Semester 1	Internal	CDU Waterfront Darwin	OLR
2023	Semester 1	External	External Studies	OLR
2023	Semester 2	Internal	CDU Sydney	OLR	View
2023	Semester 2	Internal	CDU Waterfront Darwin	OLR	View
2023	Semester 2	External	External Studies	OLR	View
2023	Semester S	Internal	CDU Sydney	OLR	View
2023	Semester S	Internal	CDU Waterfront Darwin	OLR	View
2023	Semester S	External	External Studies	OLR	View

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OLR: Internet access is required for this unit as students are required to access study materials provided on-line through Learnline. Please log into Learnline on the first day of each teaching period. For more information about Learnline, please click here.

Critical Dates

Important Dates for Students

Fee Information:
Fees and Payments
Student Services and Amenities Fees
2023 Domestic Unit Fees (PDF)