MAE305 - Energy and Renewable Resources
Unit details
Year: | 2021 unit information |
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Important Update: | Unit delivery will continue to be provided in line with the most current COVIDSafe health guidelines. This may include a mix of on-campus and online activities. To find out how you are impacted, please check your unit sites for announcements and updates. Unit sites open one week prior to the start of each Trimester/Semester. Thank you for your flexibility and commitment to studying with Deakin in 2021. Last updated: 4 June 2021 |
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: Omar Bashar |
Prerequisite: | MAE101 or MAE233* *NOTE: Students from other faculties with exposure to basic economic principles may also be eligible on a case by case basis. |
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?
ULO | These are the Learning Outcomes (ULO) for this unit. At the completion of this unit, successful students can: | Deakin Graduate Learning Outcomes |
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ULO1 | Explain and communicate issues of relevance to global energy markets and renewable resource management. | GLO1: Discipline-specific knowledge and capabilities GLO2: Communication |
ULO2 | Explain socio economic framework for optimum management of natural resources for greater sustainability. | GLO1: Discipline-specific knowledge and capabilities GLO4: Critical thinking |
ULO3 | Apply economic models to the analysis of energy market issues and renewable resource management. | GLO2: Communication GLO5: Problem solving |
ULO4 | Analyse differences in socio-economic and geographic factors and resources endowments across regions and countries to offer contextual solutions for managing renewable resources and energy needs. | GLO1: Discipline-specific knowledge and capabilities 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) - Problem Based Written Assignment | 1,500 words | 30% | Week 8 |
Assessment 2: (Group of 4) - In Class/Online Presentation | 20% | From Week 6 onwards | |
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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