Concepts in Enviro and Agricultural Economics Practice Exam
Description
materials: https://drive.google.com/drive/folders/1wLEShznPAa…
2 attachmentsSlide 1 of 2attachment_1attachment_1attachment_2attachment_2.slider-slide > img { width: 100%; display: block; }
.slider-slide > img:focus { margin: auto; }
Unformatted Attachment Preview
2021/9/30 ??12:11
AREC2005: Semester 2, 2021
Current students
During 2021 we will continue to support students who need to study remotely due to the
ongoing impacts of COVID-19 and travel restrictions. Make sure you check the location
code when selecting a unit outline or choosing your units of study in Sydney Student. Find
out more about what these codes mean.
[https://www.sydney.edu.au/students/selecting-units-in-sydney-student.html#codes]
Both remote and on-campus locations have the same learning activities and assessments,
however teaching staff may vary. More information about face-to-face teaching and
assessment arrangements for each unit will be provided on Canvas.
Unit of study_
AREC2005: Concepts in Enviro and
Agricultural Economics
Overview
?
This unit builds on fundamental economics knowledge to develop concepts that are key to the
fields of agricultural economics, environmental economics and natural resource economics.
Some globally significant themes, such as food security; sustainable agricultural production;
climate change; resource/environmental limits and scarcity; biotechnology and innovation; air
and water pollution; environment/agriculture interactions; and sustainable development will
be used to illustrate the studied concepts.
Details
Academic unit
Economics
Unit code
AREC2005
Unit name
Concepts in Enviro and Agricultural Economics
https://www.sydney.edu.au/units/AREC2005/2021-S2C-ND-RE
1/10
2021/9/30 ??12:11
AREC2005: Semester 2, 2021
Session, year
?
Semester 2, 2021
Attendance mode
Normal day
Location
Remote
Credit points
6
Enrolment rules
Prohibitions
Prerequisites
Corequisites
AREC2003 or RSEC2031
?
?
?
Available to study
abroad and
exchange students
(ECON1001 or BUSS1040 or ECON1040 or AGEC1006) and (ECON1002
or ECON1003 or ECON1005 or ECON1006 or ECMT1010 or BUSS1020 or
GEOS1001 or AGEN1001 or ENVX1002)
None
No
Teaching staff and contact details
Coordinator
Shyamal Chowdhury, shyamal.chowdhury@sydney.edu.au
Assessment
?
Type
Description
Weight Due
Length
Final exam
(Record+) B
Final exam
Final Exam
50%
Formal
exam
period
2 hours
10%
Ongoing
Ongoing
30%
Week 08
Outcomes assessed: LO1 LO2 LO4 LO5
Participation
Participation
Participation in lectures & tutorials,
and online discussions
Outcomes assessed: LO1 LO2 LO4 LO5
In-semester test
(Record+) B
Mid-semester test
MCQ and short answer
50
Due date: 07 minutes
Oct 2021
https://www.sydney.edu.au/units/AREC2005/2021-S2C-ND-RE
2/10
2021/9/30 ??12:11
AREC2005: Semester 2, 2021
Type
Description
Weight Due
Length
10%
Ongoing
Outcomes assessed: LO1 LO2 LO4
Small continuous
assessment
Tutorial questions
Weekly
Outcomes assessed: LO1 LO2 LO3 LO4
B = Type B final exam
?
B = Type B in-semester exam
?
Detailed information for each assessment can be found on Canvas.
Assessment criteria
The University awards common result grades, set out in the Coursework Policy 2014 (Schedule
1).
As a general guide, a high distinction indicates work of an exceptional standard, a distinction a
very high standard, a credit a good standard, and a pass an acceptable standard.
Result
name
Mark
range
Description
High
85 distinction 100
Distinction75 – 84
Credit
65 – 74
Pass
50 – 64
Fail
0 – 49
When you dont meet the learning outcomes of the unit to a satisfactory
standard.
For more information see sydney.edu.au/students/guide-to-grades.
Late submission
In accordance with University policy, these penalties apply when written work is submitted
after 11:59pm on the due date:
Deduction of 5% of the maximum mark for each calendar day after the due date.
After ten calendar days late, a mark of zero will be awarded.
https://www.sydney.edu.au/units/AREC2005/2021-S2C-ND-RE
3/10
2021/9/30 ??12:11
AREC2005: Semester 2, 2021
Special consideration
If you experience short-term circumstances beyond your control, such as illness, injury or
misadventure or if you have essential commitments which impact your preparation or
performance in an assessment, you may be eligible for special consideration or special
arrangements.
Academic integrity
The Current Student website provides information on academic honesty, academic
dishonesty, and the resources available to all students.
The University expects students and staff to act ethically and honestly and will treat all
allegations of academic dishonesty or plagiarism seriously.
We use similarity detection software to detect potential instances of plagiarism or other
forms of academic dishonesty. If such matches indicate evidence of plagiarism or other forms
of dishonesty, your teacher is required to report your work for further investigation.
Weekly schedule
?
Learning
activity
Learning
outcomes
WK
Topic
Week
01
Unit outline and introduction to environmental and
agricultural economics
(2 hr)
LO4 LO5
Week
02
Inputs, production and outputs
(3 hr)
LO1 LO2 LO3
LO4 LO5
Week
03
Production and profit maximization
(3 hr)
LO1 LO2 LO4
LO5
Week
04
Land as an input, property rights, and externalities
(3 hr)
LO1 LO2 LO4
LO5
Week
05
Valuation methods 1
(3 hr)
LO2 LO4 LO5
Week
06
Valuation methods 2
(3 hr)
LO2 LO4 LO5
Week
08
Non-renewable resources
(3 hr)
LO1 LO2 LO4
LO5
Week
09
Renewable resources
(3 hr)
LO1 LO2 LO4
LO5
https://www.sydney.edu.au/units/AREC2005/2021-S2C-ND-RE
4/10
2021/9/30 ??12:11
AREC2005: Semester 2, 2021
WK
Topic
Learning
activity
Learning
outcomes
Week
10
Pollution and policies for management
(3 hr)
LO1 LO2 LO4
LO5
Week
11
Climate change
(3 hr)
LO1 LO2 LO4
LO5
Week
12
Sustainable development
(3 hr)
LO1 LO2 LO4
LO5
Week
13
Review of the unit contents
(3 hr)
LO1 LO2 LO3
LO4 LO5
Attendance and class requirements
Attendance: According to Faculty Board Resolutions, students in the Faculty of Arts and
Social Sciences are expected to attend 90% of their classes. If you attend less than 50%
of classes, regardless of the reasons, you may be referred to the Examiners Board. The
Examiners Board will decide whether you should pass or fail the unit of study if your
attendance falls below this threshold.
Lecture recording: Most lectures (in recording-equipped venues) will be recorded and
may be made available to students on the LMS. However, you should not rely on lecture
recording to substitute your classroom learning experience.
Preparation: Students should commit to spend approximately three hours preparation
time (reading, studying, homework, essays, etc.) for every hour of scheduled instruction.
Study commitment
Typically, there is a minimum expectation of 1.5-2 hours of student effort per week per credit
point for units of study offered over a full semester. For a 6 credit point unit, this equates to
roughly 120-150 hours of student effort in total.
Required readings
All readings for this unit can be accessed through the Library eReserve, available on Canvas.
Debertin, David (DD). 2012. “Agricultural Production Economics, Second
Edition,” Monographs: Applied Economics, AgEcon Search, number 158319, May.
Tietenberg, Thomas, and Lewis, Lynne (T&L). 2018. Environmental and Natural Resource
Economics. 11th Edition. Routledge.
As the course progresses, additional reading materials will be suggested.
https://www.sydney.edu.au/units/AREC2005/2021-S2C-ND-RE
5/10
2021/9/30 ??12:11
AREC2005: Semester 2, 2021
Learning outcomes
?
Learning outcomes are what students know, understand and are able to do on completion of a
unit of study. They are aligned with the Universitys graduate qualities and are assessed as part
of the curriculum.
At the completion of this unit, you should be able to:
LO1. Demonstrate an understanding of the major economic concepts and principles of
resource allocation for agricultural production and natural resource management.
LO2. Demonstrate an understanding of the economics insights provided by environmental and
agricultural economics for the behaviour of households, firms, industries and markets.
LO3. Access data and use empirical methods relevant to agricultural production and natural
resource management.
LO4. Frame problems in terms of core economic concepts and principles, and apply economic
reasoning and analytical skills, in order to make informed judgements and decisions about
agricultural and environmental resources.
LO5. Demonstrate an understanding of policy implications provided by environmental and
agricultural economics.
Graduate qualities
The graduate qualities are the qualities and skills that all University of Sydney graduates must
demonstrate on successful completion of an award course. As a future Sydney graduate, the
set of qualities have been designed to equip you for the contemporary world.
GQ1 Depth of disciplinary expertise
Deep disciplinary expertise is the ability to integrate and rigorously apply knowledge,
understanding and skills of a recognised discipline defined by scholarly activity, as well
as familiarity with evolving practice of the discipline.
GQ2 Critical thinking and problem solving
Critical thinking and problem solving are the questioning of ideas, evidence and
assumptions in order to propose and evaluate hypotheses or alternative arguments
before formulating a conclusion or a solution to an identified problem.
GQ3 Oral and written communication
Effective communication, in both oral and written form, is the clear exchange of
meaning in a manner that is appropriate to audience and context.
GQ4 Information and digital literacy
Information and digital literacy is the ability to locate, interpret, evaluate, manage,
adapt, integrate, create and convey information using appropriate resources, tools
https://www.sydney.edu.au/units/AREC2005/2021-S2C-ND-RE
6/10
2021/9/30 ??12:11
AREC2005: Semester 2, 2021
and strategies.
GQ5 Inventiveness
Generating novel ideas and solutions.
GQ6 Cultural competence
Cultural Competence is the ability to actively, ethically, respectfully, and successfully
engage across and between cultures. In the Australian context, this includes and
celebrates Aboriginal and Torres Strait Islander cultures, knowledge systems, and a
mature understanding of contemporary issues.
GQ7 Interdisciplinary effectiveness
Interdisciplinary effectiveness is the integration and synthesis of multiple viewpoints
and practices, working effectively across disciplinary boundaries.
GQ8 Integrated professional, ethical, and personal identity
An integrated professional, ethical and personal identity is understanding the
interaction between ones personal and professional selves in an ethical context.
GQ9 Influence
Engaging others in a process, idea or vision.
Outcome map
Learning
outcomes
Graduate qualities
GQ1
GQ2
GQ3
GQ4
GQ5
GQ6
GQ7
GQ8
Closing the loop
GQ9
?
Some changes in assessments have been made since this unit was last offered.
Additional information
?
Please note, assessments differ slightly from the handbook due.
Key dates
https://www.sydney.edu.au/units/AREC2005/2021-S2C-ND-RE
Student administration
7/10
2021/9/30 ??12:11
AREC2005: Semester 2, 2021
Key dates through the academic year, including
teaching periods, census, payment deadlines and
exams.
Enrolment, course planning, fees, graduation,
support services, student IT
Expectations of student conduct
Academic appeals
Code of Conduct for Students, Conditions of
Enrollment, University Privacy Statement,
Academic Integrity
Academic appeals process, special consideration,
rules and guidelines, advice and support
Learning and teaching policy
Financial support
Policy register, policy search
Scholarships, interest free loans, bursaries, money
management
Study resources
Health and support
Learning Centre, faculty and school programs,
Library, online resources
Student Centre, counselling & psychological
services, University Health Service, general health
and wellbeing
Disclaimer
The University reserves the right to amend units of study or no longer offer certain units,
including where there are low enrolment numbers.
This unit of study outline was last modified on 26 Jul 2021.
To help you understand common terms that we use at the University, we offer an online
glossary.
Leadership for good starts here
https://www.sydney.edu.au/units/AREC2005/2021-S2C-ND-RE
8/10
2021/9/30 ??12:11
AREC2005: Semester 2, 2021
Media
Student links
News
How to log in to University systems
Find an expert
Key dates
Media contacts
Class timetables
Policies
About us
Connect
Our rankings
Contact us
Faculties and schools
Find a staff member
Centres and institutes
Careers at Sydney
Campus locations
Event calendar
Emergencies and personal safety
Member of
?
Disclaimer
Privacy
?
?
Accessibility
Website feedback
?
?
Follow us_
ABN: 15 211 513 464
CRICOS Number: 00026A
TEQSA: PRV12057
https://www.sydney.edu.au/units/AREC2005/2021-S2C-ND-RE
9/10
2021/9/30 ??12:11
https://www.sydney.edu.au/units/AREC2005/2021-S2C-ND-RE
AREC2005: Semester 2, 2021
10/10
Purchase answer to see full
attachment
Explanation & Answer:
9 Questions
Tags:
government agency
Agricultural economics
market based allocation
User generated content is uploaded by users for the purposes of learning and should be used following Studypool’s honor code & terms of service.
