Economics for Water Resource Management (WATR7300)
Information valid for Semester 2, 2020
Course level
Postgraduate Coursework
Faculty
Engineering, Architecture & Information Technology
School
Chemical Engineering School
Units
2
Duration
One Semester
Delivery mode
External
Class hours
2 Lecture hours
2 Tutorial hours
Prerequisite
WATR7000 and WATR7001 and WATR7002 and WATR7003
Companion
WATR7100
Restricted
MIWM, GDipIWM or GCertIWM
Assessment methods
Assignment, practical skills, group-based project work
Course enquiries
Course description
This course (WATR7300) explores a range of institutions involved in water management and both theoretical and practical approaches to water planning and economics. Students will explore the roles and responsibilities of a various water management stakeholder groups, be introduced to practical tools for effective water planning and learn the principles and frameworks governing water economics and finance. Topics include: planning and resource management instruments; water allocation; internal and external organisational governance arrangements; coordinating water and land use planning; water resources assessment; cost-benefit analysis; multi-criteria decision making; frameworks for stakeholder participation; pro-poor water governance and human rights to water; dispute resolution frameworks; multi-stakeholder privatisation contracts; trade in water services; bulk water exports. A parallel Integrated Water Management project will run through the semester which will develop skills that complement the content delivered in the 1 co-requisite course (WATR7100) and the co-electives offered in semester 2 - WATR7400, WATR7600, WATR7700, WATR7900 and in the summer semester WATR7200 or WATR7800.