his assignment brings together the knowledge and skills developed in this subject in a way that authentically replicates professional experience. It develops your skills in communicating the results of research and analysis of environmental policy with influence to key stakeholders. You will enhance your critical thinking and problem-solving skills using economic principles applied to the issued of our use of environmental resources.

Task detailsThe task is to research and policy evaluation report.

Instructions

Role play:

There are a consultant working for the hypothetical consultancy 'Environmental Policy Solutions Inc.' There are currently no projects for place to work on so instead the Director has asked to research a particular environmental externality to further develop the company's expertise. The task is to choose an environmental externality such as air or water pollution, litter or agricultural runoff. This issue can be sourced from newspapers, or other media, it can be local to Victoria, or Australia, or even international. The objective is to evaluate your chosen policy to manage this environmental externality based on economic principles.

In your response, as a minimum, you should:

1. Outline the current policy (if any).
2. Explain the environmental externality and clearly identify those impacted.
3. Evaluate the policy using the analysis of environmental externalities and policy solutions in this subject.
4. Assess the costs and benefits of the policy (give a qualitative answer rather than quantitative).