Bachelor in Resource Economics at Sydney Uni A Degree that provides strong training in applied economics, thorough understanding of basic and applied science.
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Bachelor in Resource Economics at Sydney Uni A Degree that provides strong training in applied economics, thorough understanding of basic and applied science and offers unique and exciting career opportunities. Discipline of Agricultural and Resource Economics, Faculty of Agriculture, Food and Natural Resources
What is Economics? Economics is about efficient allocation of scarce resources. Resource Economics (short for Natural Resource Economics) is about efficient allocation of natural resources. In the modern world, Natural Resources are becoming scarcer and are under intensive competition among various uses (water, land, clean air, minerals, oil etc.)
Environment - The Ultimate Natural Resource Environmentalists acknowledge that economics is needed if any practical progress is to be made in environmental policy design and implementation (Paul Ehrlich). The Discipline of Agricultural and Resource Economics is the only one that teaches Environmental Economics at Sydney Uni.
Why study BResEc in the Faculty of Agriculture at Sydney Uni ? The Faculty has a long history of collaborative research and teaching among scientists and economists. It is a small Faculty, offering more personalised approach to students, better chances for getting scholarships and better networking for future career opportunities.
Go for the BResEc, if: You want a good training in economics, quantitative methods, policy, and science. You are interested in natural resource and environmental issues. You want a career with a resource company, research institution, government agency, bank, consulting firm or international organization. You have UAI of around 90.
Structure of the degree Year 1: Basic Economics and Basic Science Year 2: More applied but still fundamental Economics and Science Year 3: Emphasis on Economics units on applied level (including possibilities for Econometrics and Finance units)
Year 4: The real thing. Specialisation in Resource Economics with the following general options: Environmental Economics - Economics of environmental problems: water pollution, global warming, deterioration of the Great Barrier Reef, etc. Economics of Renewable Resources - Economics of renewable energy, forestry, fisheries etc. Economics of Non-Renewable resources - Focus on Minerals and Energy Economics, with greater emphasis on business and financial aspects (derivatives markets) for minerals and energy. Research thesis in the area of interest.
Professional Experience Current students love it! Opportunity for hands-on experience in what you will be actually doing after the Uni. Great opportunity for getting a job offer, by actually working for prospective employers. Fun time!
Careers With the Res.Ec. degree in pocket you are up for an exciting (and more importantly) well paid career. Prospective employers: - Resource Industries: Mining, Oil, Forestry and Fishery Companies. -Utilities: Energy Australia, Sydney Water etc. -Private consulting companies. - Financial institutions: banks, commodity traders, insurance companies. -Research institutions: ABARE, Productivity Commission, CSIRO, etc. -Government agencies: EPA, Resources NSW, NSW Ag., AFFA, Land&Water Australia, National Parks etc.