MAE305 - Energy and Environment
Unit details
Year: | 2020 unit information |
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Important Update: | Classes and seminars in Trimester 2, 2020 will be online. Last updated: 2 June 2020 |
Enrolment modes: | Trimester 1: Burwood (Melbourne), Online Trimester 2: Online |
Credit point(s): | 1 |
EFTSL value: | 0.125 |
Unit Chair: | Trimester 1: Shuddha Rafiq Trimester 2: Mokhtarul Wadud |
Prerequisite: | MAE101 |
Corequisite: | Nil |
Incompatible with: | Nil |
Typical study commitment: | Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit. |
Scheduled learning activities - campus: | 1 x 2 hour class, 1 x 1 hour lab per week |
Scheduled learning activities - cloud: | Online independent and collaborative learning activities including 3 scheduled online seminars |
Content
This unit begins by addressing the issues associated with future energy demand, supply, and prices. For example, how OPEC members determine production quota for themselves? How peak and off-peak electricity prices are determined? What are the consequences of fossil fuel consumption and challenges for renewable industries? The unit then progresses to look more generally at the use of resources as economies develop, by addressing questions such as: How market internalize the externalities? Is our resource use sustainable? What impact does resource use have on future generations?
| These are the Learning Outcomes (ULO) for this Unit | Deakin Graduate Learning Outcomes |
ULO1 | Explain global energy markets. | GLO1: Discipline-specific knowledge and capabilities GLO4: Critical thinking GLO5: Problem solving GLO8: Global citizenship |
ULO2 | Interpret the economic framework for managing natural resources in development process. | GLO1: Discipline-specific knowledge and capabilities GLO4: Critical thinking GLO5: Problem solving |
ULO3 | Apply applied economic tools to the analysis of energy market issues and environmental problems in development context. | GLO2: Communication GLO4: Critical thinking GLO5: Problem solving |
ULO4 | Explore a complex problem of forecasting come up with alternative models for solving it and justify the model selection | GLO1: Discipline-specific knowledge and capabilities GLO2: Communication GLO4: Critical thinking GLO5: Problem solving GLO8: Global citizenship |
These Unit Learning Outcomes are applicable for all teaching periods throughout the year
Assessment
Assessment Description | Student output | Grading and weighting (% total mark for unit) | Indicative due week |
Assessment 1: (Individual) - Written assignment | 1,500 words | 30% | Week 8 |
Assessment 2: (Groups of 3) - Oral presentation | 20% | During Tutorials | |
Examination | 2-hours | 50% | Exam period |
The assessment due weeks provided may change. The Unit Chair will clarify the exact assessment requirements, including the due date, at the start of the teaching period.
Hurdle requirement
Hurdle requirement: achieve at least 50% of the marks available on the examination
Learning Resource
The texts and reading list for the unit can be found on the University Library via the link below: MAE305 Note: Select the relevant trimester reading list. Please note that a future teaching period's reading list may not be available until a month prior to the start of that teaching period so you may wish to use the relevant trimester's prior year reading list as a guide only.
Unit Fee Information
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